Annual Review and Summary Financial Statement 2008

Highlights

up 0.9%

Revenue per available room

up 7% to $19.1bn

Total gross revenue from all hotels in IHG system

Continuing revenue

up 5% to $1,854mº

Continuing operating profit*

up 13% to $535mº

The Americas

$451mº

2007 $440m

EMEA

$171mº

2007 $134m

Asia Pacific

$68mº

2007 $63m

34,757

Record net room additions

Opened over one new hotel a day∞

Signed almost two new hotels a day∞

29.2¢§

Final dividend maintained

Key

  • Total system 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).
  • º Includes four significant liquidated damages receipts totalling $33m; $13m in Americas, $16m in EMEA, $4m in Asia Pacific. (No such individually significant receipts in 2007).
  • * Operating profit before exceptional items.
  • An average for 2008.
  • § The Group’s reporting currency changed from sterling to US dollars in 2008. Dividends are now determined in US dollars and converted into sterling immediately before announcement. The sterling final dividend equivalent is 20.2p per share.