Holiday Inn 2008 Annual Report Download - page 2

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Highlights
Record net room additions
up 20% at 34,757 rooms
Total hotels open under
IHG brands
up 6% to 4,186 hotels
Signings
of 98,886rooms,
693 hotels
taking development pipeline
to 245,085rooms,
1,775 hotels
Revenue per available room†
up 0.9%
Total gross revenue‡from
all hotels in IHG system
up 7%to $19.1bn
Continuing revenue
up 5%to $1,854mº
Continuing operating profit*
up 13%to $535mº
Adjusted continuing earnings
per share
up 26%to 117.8¢
Final dividend maintained
at 29.2¢§
This year we asked our employees to
take their own pictures and capture
what Great Hotels Guests Love
means to them. Our front cover
features some of these.
Caught on camera
Centre: Photo by
Amy Valentine, taken
at Holiday Inn Express
Salt Lake City, Utah, USA
“The hands forming a
heart around the hotel
sign represent the people
that make Holiday Inn
Express a great hotel
guests love.”
Left: Photo by
Iñaki Armada, taken
at Holiday Inn Express
Getafe, Madrid, Spain
“The beds are so
comfortable that
some days you just
don’t want to get out.”
Right: Launch of the
ANA Crowne Plaza
Sleep Advantage
programme in
Osaka, Japan
Front cover photography:
† Total system room revenue
divided by the number
of room nights available.
‡ Total room revenue from
franchised hotels and total
hotel revenue from managed,
owned and leased hotels (not
revenue attributable to IHG,
as it is derived mainly from
hotels owned by third parties).
* Operating profit before
exceptional items.
º Includes the benefit of four
significant liquidated damages
receipts totalling $33m.
(No such individually
significant receipts in 2007).
§ The Group’s reporting currency
changed from sterling to
US dollars in 2008. Dividends
are now determined in
US dollars and converted
into sterling immediately
before announcement.
The sterling final dividend
equivalent is 20.2p per share.