Q&A: What InterContinental Hotels Plans for China, U.S. | wsj.com

InterContinental Hotels Group PLC, owner of the Holiday Inn, InterContinental and Crowne Plaza hotel brands, plans to expand further with a new upscale brand in China and another midmarket brand in the U.S. IHG executives spoke about their preliminary plans for the new brands while detailing the U.K.-based company’s second-quarter results on Tuesday. Those included a 6.5% gain in revenue per available room globally.