InterContinental Hotels revenue falls on hotel sales | telegraph.co.uk
InterContinental Hotels Group reported a fall in revenue in its annual results after selling off some US hotels. The global hotelier, which owns the Crowne Plaza and Holiday Inn brands, said that revenue was down 2pc to $1.85bn (£1.2bn), from $1.9bn a year earlier and operating profit was 3pc lower at $651m.