Strengthening our portfolio of preferred brands

- Launched avid hotels, our new build brand targeting a $20 billion underserved segment in the US. This will become another brand of scale for IHG and we are already gaining strong traction with owners with over 150 written expressions of interest since launch, and over 50 applications in the first 4 weeks of franchise sales.- Strengthened our position in the boutique segment with two openings and three signings for Kimpton in the US and, in October, the launch of the brand in our Greater China and AMEA regions. 10 signings and two openings for Hotel Indigo takes this brand to 163 open and pipeline properties. - Expanded our global presence for EVEN hotels, with two Q3 signings in Greater China and one in New Zealand.

- Signed 13k rooms into the Holiday Inn Brand Family pipeline, including a record third quarter for Holiday Inn Express, and opened almost 7k rooms.

Increasing our pace of net system growth

- Net system size up 4.1% year on year to 786k rooms (5,272 hotels), our fastest pace of growth since 2010, led by AMEA (14%) and Greater China (10%).- 11k rooms (70 hotels) opened in the quarter, our best Q3 for six years, and 3k rooms (19 hotels) removed. - 20k rooms (137 hotels) were signed; our highest Q3 signings since 2008.- Continued to expand our China franchising solution 'Franchise Plus' with 19 new Holiday Inn Express deals signed in the quarter bringing the total to 63 signings after just 17 months. - 235k pipeline rooms with ~45% under construction.

Driving revenue delivery through technology and loyalty

- Our innovative cloud-based Guest Reservations System remains on track for roll-out starting by the end of 2017 with full deployment expected by late 2018 / early 2019. - In September, the IHG App for mobile passed the milestone of $1 billion of gross room revenues booked through the platform, up fourfold over the past 3 years. Having been downloaded over 9 million times since its launch, it is one of the highest rated hotel mobile apps on the iOS app store. - In early 2018, Kimpton Karma Rewards, the loyalty program of Kimpton Hotels & Restaurants, will become a part of IHG Rewards Club and offer all members one program with a single reward point system.

IHG - Intercontinental Hotels Group plc published this content on 20 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 October 2017 07:26:03 UTC.

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