Holiday Inn 2010 Annual Report Download - page 19

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Business review 17
OVERVIEW BUSINESS REVIEW
THE BOARD,
SENIOR MANAGEMENT AND
THEIR RESPONSIBILITIES
GROUP FINANCIAL
STATEMENTS
PARENT COMPANY
FINANCIAL STATEMENTS USEFUL INFORMATION
Hotels Rooms
Change Change
At 31 December 2010 over 2009 2010 over 2009
Analysed by brand
InterContinental 56 1 19,120 621
Crowne Plaza 209 7 57,073 1,383
Holiday Inn 812 (72) 144,683 (13,518)
Holiday Inn Express 1,847 1 159,867 1,583
Staybridge Suites 183 5 20,014 694
Candlewood Suites 288 34 28,253 2,970
Hotel Indigo 35 3 4,254 288
Holiday Inn Club Vacations 6 – 2,892 –
Other brands 22 – 3,219 –
Total 3,458 (21) 439,375 (5,979)
Analysed by ownership type
Franchised 3,230 (15) 392,536 (5,468)
Managed 219 (4) 43,848 210
Owned and leased 9 (2) 2,991 (721)
Total 3,458 (21) 439,375 (5,979)
The Americas hotel and room count in the year decreased by
21 hotels (5,979 rooms) to 3,458 hotels (439,375 rooms). Openings
of 194 hotels (20,980 rooms) included key openings of the
InterContinental New York Times Square and the first Staybridge
Suites in New York, taking IHG’s room count in the city to 6,570.
The Holiday Inn brand family generated openings of 137 hotels
(13,446 rooms) and IHG’s extended stay brands, Staybridge Suites
and Candlewood Suites, achieved openings of 41 hotels
(3,862 rooms). Removals of 215 hotels (26,959 rooms) were
mainly from Holiday Inn and Holiday Inn Express hotels.
Americas hotel and room count
Hotels Rooms
Change Change
At 31 December 2010 over 2009 2010 over 2009
Analysed by brand
InterContinental 5 (1) 1,340 (700)
Crowne Plaza 27 (6) 5,669 (1,293)
Holiday Inn 187 (29) 25,260 (2,682)
Holiday Inn Express 407 (79) 37,011 (6,427)
Staybridge Suites 96 (20) 10,116 (2,392)
Candlewood Suites 120 (49) 10,506 (4,345)
Hotel Indigo 46 (1) 5,733 (254)
Other 2 2 6,874 6,874
Total 890 (183) 102,509 (11,219)
Analysed by ownership type
Franchised 878 (185) 100,072 (11,036)
Managed 12 2 2,437 (183)
Total 890 (183) 102,509 (11,219)
The Americas pipeline totalled 890 hotels (102,509 rooms) as at
31 December 2010. Overall signings of 30,223 rooms were flat on
2009 as slow real estate and construction activity continued into
2010. Notable signings included the InterContinental Alliance
established with the Las Vegas Sands Corp., and the re-entry
to the Hawaii market with the Holiday Inn Beachcomber Resort
in Waikiki Beach.
Americas pipeline