Holiday Inn 2014 Annual Report Download - page 41

Americas hotel and room count
Hotels Rooms
At 31 December 2014
Change
over 2013 2014
Change
over 2013
Analysed by brand
InterContinental 50 (1) 16,897 (556)
Crowne Plaza 181 548,366 1,309
Hotel Indigo 39 24,551 207
EVEN Hotels 22296 296
Holiday Inn1770 (16) 136,280 (2,550)
Holiday Inn Express 2,060 75 182,601 8,170
Staybridge Suites 197 921,200 891
Candlewood Suites 322 10 30,708 930
Other 78 (3) 19,118 (104)
Total 3,699 83 460,017 8,593
Analysed by ownership type
Franchised 3,477 83 417,215 8,340
Managed 217 –41,172 1,025
Owned and leased 5–1,630 (772)
Total 3,699 83 460,017 8,593
Percentage of Group
hotel and room count 76.4 (0.6) 64.8 (0.9)
1
Includes 20 Holiday Inn Resort properties (4,864 rooms) and 12 Holiday Inn
Club Vacations (4,027 rooms) (2013: 18 Holiday Inn Resort properties (4,438
rooms) and 10 Holiday Inn Club Vacations (3,701rooms)).
The Americas System size increased by 83 hotels (8,593 rooms)
to 3,699 hotels (460,017 rooms) during 2014. 178 hotels (20,823
rooms) opened in the year, compared to 173 hotels (19,775 rooms)
in 2013 and included four hotels (834 rooms) as part of the US
government’s PAL initiative (33 hotels with 4,061 rooms in 2013).
Openings included 140 hotels (15,190 rooms) in the Holiday Inn
brand family, representing more than 70% of the region’s
openings. 23 hotels (2,130 rooms) opened as Staybridge Suites
hotels and Candlewood Suites hotels, IHG’s extended-stay brands.
The first two hotels (296 rooms) were opened under the wellness-
focused EVEN Hotels brand.
95 hotels (12,230 rooms) were removed from The Americas
System in 2014, demonstrating IHG’s continued commitment
to quality, compared to 112 hotels (17,968 rooms) in 2013.
45% of 2014 room removals were Holiday Inn rooms in the
US (34 hotels, 5,499 rooms) compared to 61% in 2013 (53 hotels,
10,933 rooms).
Americas pipeline
Hotels Rooms
At 31 December 2014
Change
over 2013 2014
Change
over 2013
Analysed by brand
InterContinental 712,337 900
Crowne Plaza 18 23,206 (22)
Hotel Indigo 31 84,259 1,141
EVEN Hotels 3(2) 584 (296)
Holiday Inn1139 –20,155 811
Holiday Inn Express 389 31 37,125 3,637
Staybridge Suites 90 19 9,594 2,099
Candlewood Suites 89 97,717 803
Other 10 91,218 1,104
Total 776 77 86,195 10,177
Analysed by ownership type
Franchised 740 62 78,980 6,961
Managed 35 17 7,011 3,512
Owned and leased 1(2) 204 (296)
Total 776 77 86,195 10,177
1 Includes nine Holiday Inn Resort properties (1,916 rooms) and nil Holiday Inn
Club Vacations (2013: five Holiday Inn Resort properties (694 rooms) and one
Holiday Inn Club Vacations (120 rooms)).
At 31 December 2014, The Americas pipeline totalled 776 hotels
(86,195 rooms), representing an increase of 77 hotels
(10,177 rooms) over the prior year. Strong signings of
319 hotels (38,108 rooms) were ahead of last year by 14 hotels
(4,224 rooms) and the highest for six years, demonstrating
continued demand for IHG branded hotels. Signings included
14 hotels (2,012 rooms) signed as part of the US government’s PAL
initiative. The majority of 2014 signings were within the Holiday Inn
brand family (208 hotels, 24,037 rooms), up by 17.0% compared to
2013, and included the 777-room Holiday Inn Nickelodeon Suites
Orlando. Staybridge Suites and Candlewood Suites together
contributed signings of 73 hotels (7,091 rooms), up by 31.2%
compared to 2013. Crowne Plaza Atlanta – Midtown, which was
signed and opened in the year, is one of 10 signings for the brand.
Other notable signings included the 900-room InterContinental
Downtown Los Angeles, the largest for the brand in the US.
64 hotels (7,108 rooms) were removed from the pipeline in 2014,
significantly down in terms of both hotels and rooms from 2013
(103 hotels, 10,664 rooms).
1
Underlying excludes the impact of owned asset disposals, managed leases,
significant liquidated damages and exceptional items translated at constant
currency by applying prior year exchange rates.
39
STRATEGIC REPORT GOVERNANCE
GROUP FINANCIAL STATEMENTS
PARENT COMPANY FINANCIAL STATEMENTS
ADDITIONAL INFORMATION