CNN's Richard Quest Interviews IHG CEO Andrew Cosslett | cnn.com
Richard Quest: These are difficult times. What's happening in your industry and what are you seeing at IHG? Andrew Cosslett: We're moving into a difficult few months. But at this stage we seem to be quite resilient. Occupancy levels are down a bit, but rates per room are compensating for that. We are very busy; we are still opening; and signing a lot of hotel deals. So we're up -- more modestly than we have been in the last two or three years -- but we are still up.
