Holiday Inn 2014 Annual Report Download - page 2
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Strategic Report
2 IHG at a glance
4 Our preferred brands
6 Chairman’s statement
8 Chief Executive Offi cer’s review
10 Industry overview
12 Our business model
14 Our strategy for high-quality growth
16 Winning Model
18 Targeted Portfolio
20 Our Winning Model and Targeted Portfolio in action
22 Disciplined Execution
24 Doing business responsibly
26 Risk management
30 Key performance indicators
34 Performance
Governance
54 Chairman’s overview
55 Corporate Governance
57 Who is on our Board of Directors
60 Who is on our Executive Committee
65 Audit Committee Report
68 Corporate Responsibility Committee Report
69 Nomination Committee Report
70 Statement of compliance with the UK Corporate Governance Code
72 Directors’ Report
76 Directors’ Remuneration Report
Group Financial Statements
94 Statement of Directors’ Responsibilities
95 Independent Auditor’s UK Report
99 Independent Auditor’s US Report
100 Group Financial Statements
107 Accounting policies
114 Notes to the Group Financial Statements
Parent Company Financial Statements
156 Parent company balance sheet
157 Notes to the Parent Company Financial Statements
Additional Information
162 Group information
171 Shareholder information
179 Useful information
181 Exhibits
182 Form 20-F cross-reference guide
184 Glossary
186 Forward-looking statements
‘Guest Journey’ – Step One
The Dream phase of the ‘Guest Journey’
is one of the most exciting parts of travel
for many of our guests as they research,
seek inspiration, and dream, about their
future trip.
The Strategic Report on pages 2 to 51
was approved by the Board on
16 February 2015
George Turner, Company Secretary
Front cover: EVEN Hotel, Rockville, Maryland, US
Contents Strategic Report
Dream