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LoginOne week after the $300 million acquisition of Six Senses Hotels and Resorts,February 19,InterContinental Hotels Group releases 2018 annual financial report。Financial report display,In 2018, the scale of newly opened and newly signed hotels of InterContinental Hotels Group worldwide hit a ten-year high,The total number of newly opened rooms reached 56,343 rooms,The number of newly signed hotels reaches 98,814 rooms。As of the end of 2018,InterContinental Hotels Group has a total of 836 hotel rooms worldwide,541 rooms (5,603 hotels),4 year-on-year increase.8%,The largest increase since 2009。
The financial report also shows,Outstanding performance in Greater China。2018,Greater China average revenue per available room (RevPAR) increased by 6 year-on-year.9%。Operating profit increased by 19% year-on-year。
Zhao Huanyan, chief knowledge officer of Huamei Consulting Agency, thinks,Income per available room in Greater China increased by 6 year-on-year.9%,Explain the improvement of the overall operating level of InterContinental Hotels Group,Reflects the improvement of management level;The operating profit of Greater China increased by 19% year-on-year,reflects that the project development is of high quality。
InterContinental Hotels Group has been vigorously promoting the franchise model in China,Newly signed hotels in Greater China in 2018,More than half adopt the franchise model。Take China as an example,More than two years since opening the franchise in China,Intercontinental conducts roadshows across the country non-stop with a frequency of 3-4 per year,Aiming to attract more potential investors。2018 is the beginning of the integration of culture and tourism,InterContinental’s Holiday Inn Express has been introduced to third- and fourth-tier tourist cities。As understood,二、三、The number of hotels opened in fourth-tier cities has accounted for more than 70% of the group’s total hotels opened in China,This proportion is close to 90% of hotels under construction。
End of last year,InterContinental has promoted the franchise 188bet online sports betting model from mid-range selected service hotels to mid-to-high-end full-service hotel brands。Currently,A hotel brand under the franchise model of InterContinental,Includes Crowne Plaza Hotels & Resorts、Holiday Inn and Holiday Inn Express。
As of the end of 2018,Ten of the many well-known brands of InterContinental Hotels Group have entered Greater China,Including: Regent Hotels & Resorts、InterContinental Hotels & Resorts、Kimpton Hotel & Restaurant、Crown Plaza Hotels & Resorts、Hualux Hotels & Resorts、Hotel Indigo、EVEN Hotel、Holiday Inn、Holiday Inn Resorts and Holiday Inn Express。
Keith Barr, Global CEO of InterContinental Hotels Group, said: "2018,By advancing strategic measures designed to accelerate growth。A series of investment actions bring positive promotion effects,Help InterContinental continue to develop existing brands and further enrich the brand portfolio,Bring power to business growth。The beginning of 2019,Announced the acquisition of Six Senses Wellness and Hotel Group, a leader in top luxury hotels。Meanwhile,InterContinental also plans to create a new mid-range all-suite hotel brand。”
February 13,InterContinental Hotels Group acquires Six Senses Hotels Group, the world’s top luxury resort hotel brand, for US$300 million。This is after the acquisition 188bet app of Regent Hotel Group last year,Another major acquisition by Intercontinental。This acquisition includes all Six Senses brands and hotel management companies,Covering its core spa business,Does not involve any real estate。Intercontinental’s plan for Six Senses is,Estimated to reach breakeven in 2 years,Cost recovery in 4 years,In 10 years, the scale of Six Senses will be expanded to more than 60 stores around the world。
It is not difficult to see from Intercontinental’s two acquisitions and the plan for Six Senses,It is optimistic about the luxury vacation sector。InterContinental positions Six Senses in its luxury hotel segment,With its luxury hotel brand Regent Hotels & Resorts、Kampton hotels and restaurants complement each other in the high-end segment。Since then,The total number of luxury hotels opened and under construction under InterContinental Hotels Group worldwide will reach 400 (10.80,000 rooms)。
Keith Barr said: “Six Senses’ development plan provides Intercontinental with a platform for high-quality growth。This acquisition continues the progress made by Intercontinental’s strategic initiatives in 2018,Included in the rapidly growing、Add new brands in the luxury hotel sector with a market size of approximately US$60 billion。”
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