Great Hotels Guests Love
Annual review and summary financial statement 2009

Total gross revenue

  12 months ended
31 December
2009
$bn
2008
$bn
%
change
InterContinental 3.8 4.1 (7.3)
Crowne Plaza 3.0 3.2 (6.3)
Holiday Inn 5.4 6.8 (20.6)
Holiday Inn Express 3.6 3.9 (7.7)
Staybridge Suites 0.4 0.4
Candlewood Suites 0.3 0.3
Other brands 0.3 0.4 (25.0)
Total 16.8 19.1 (12.0)

One measure of overall IHG hotel system performance is the growth in total gross revenue, defined as total room revenue from franchised hotels and total hotel revenue from managed, owned and leased hotels. Total gross revenue is not revenue attributable to IHG, as it is derived mainly from hotels owned by third parties.

Total gross revenue decreased by 12.0% from $19.1bn in 2008 to $16.8bn in 2009. Translated at constant currency, total gross revenue decreased by 9.9%.