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Hotel Giant IHG Looks Ahead to Recovery

But First, CEO Says Hotelier Must Manage Through the Downturn: 'Owners are Under Incredible Pressure.'
IHG’s CEO Keith Barr said COVID-19 has been an enormous challenge, but hotels have opened and signed in the first quarter of 2020, including the Hotel Indigo Madrid Princesa. (InterContinental Hotels Group)
IHG’s CEO Keith Barr said COVID-19 has been an enormous challenge, but hotels have opened and signed in the first quarter of 2020, including the Hotel Indigo Madrid Princesa. (InterContinental Hotels Group)

InterContinental Hotels Group executives believe their company’s asset-light model — with a fee structure driven by revenues not hotel profits — and its broad geographical span has positioned the company well for an eventual recovery.

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News | Hotel Giant IHG Looks Ahead to Recovery