Holiday Inn 2012 Annual Report Download - page 5

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OVERVIEW BUSINESS REVIEW GOVERNANCE
GROUP FINANCIAL
STATEMENTS
PARENT COMPANY
FINANCIAL STATEMENTS OTHER INFORMATION
Where we compete, Our business model and Key facts 3
We run hotels in three ways: franchised, managed and owned. Our asset-light business model
means we own just 10 hotels* (less than one per cent of our portfolio). Most of our hotels operate
under a franchise agreement or are managed by IHG on behalf of owners. All of our hotels are
supported by our revenue delivery systems and marketing programmes, which drive business
to our hotels.
See page 12 for more information on our business model
Our business model
* As at 31 December 2012. Includes one significant liquidated damages receipt
in 2012 of $3m in The Americas.
Key facts*
4,602
hotels
$115m
Europe
$614m
Group
3,934
hotels franchised
658
hotels managed
10
hotels owned and leased
$486m
The Americas $88m
AMEA
$81m
Greater China
Operating profit before exceptional items
675,982
rooms
Crowne Plaza Toulouse, France InterContinental Danang Sun Peninsula, Vietnam InterContinental The Palazzo, Las Vegas, US