Highlights

 

Continuing operating profit* up 16% from £173m to £201m.

Operating profit of £258m, including other operating income and expenses of £27m.

9.8% growth in RevPAR+.

Total gross revenue† from all hotels in IHG system up 9% to £8.3bn.

 

Franchised operating profit up 10% to £235m.

Managed operating profit up 27% to £85m.

 

Adjusted continuing earnings per share up 67% from 22.5p to 37.5p. Basic earnings per share of 104.1p.

Further £850m return of funds announced, taking total funds returns to £3.6bn since March 2004.

Final dividend up 24% to 13.3p.

Total 2006 dividend§ up 20% to 18.4p.

 

Room count up by 18,713 rooms to 556,246.

Expect to exceed 50,000 to 60,000 net rooms growth target.

Signings up 47% to 102,774 rooms.

Development pipeline up by 49,479 rooms to 157,991.

 

*

Operating profit before other operating income and expenses.

+

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).

§

Excludes special interim dividend paid in June 2006.