IHG Hotels & Resorts (IHG) continues to see strong momentum in the Americas region – the company’s largest – across its entire brand portfolio. In addition to 24 hotels opening in the first quarter, IHG added 65 more hotels and nearly 6,000 rooms to its Americas development pipeline, underlining growing owner demand for its brands.
The region also delivered strong RevPAR growth in the first quarter across every chain scale and every IHG brand, driven by increases in key demand segments of business and group travel, together with robust leisure performance. The U.S. drove IHG’s performance, complemented by strong growth in Central America and the Caribbean, alongside continued momentum in Canada.
Mark Sergot, Chief Development Officer, Americas at IHG, said: “Our new deal growth reflects the strength across our entire brand portfolio and the confidence owners have in IHG. Pipeline additions were up more than 30 percent year-over-year in the first quarter, driven by continued demand for conversion opportunities and growth across key segments including Suites and the Holiday Inn brand family.”
Essentials & Suites: A continued growth engine
Across the Essentials & Suites portfolio, healthy demand helped fuel development, including 23 signings for the Holiday Inn brand family. IHG’s three suites brands – Staybridge Suites, Candlewood Suites and Atwell Suites – account for more than one-third of the region’s pipeline and drove 22 combined signings in Q1, including the debut of Atwell Suites in Puerto Rico. Conversion brand Garner is accelerating rapidly, marked by 14 signings and 8 openings in the quarter – including a Mexico debut – contributing to nearly 200 open and pipeline hotels globally. Additionally, avid hotels continues its expansion, with a pipeline of nearly 120 properties set to more than double its current reach.
IHG’s premium brands continue to expand across key markets, driven by strong owner demand for conversion opportunities and flexible operating models. voco hotels, IHG’s fastest-growing premium brand, saw notable Q1 openings including voco Times Square – Broadway and the brand’s first all-inclusive in Port St. Lucie, Fla. (voco Sandpiper). The signing of voco Honolulu also represents the brand’s Hawaii debut. Additionally, IHG marked Ruby’s U.S. arrival in Chicago, highlighting strong owner interest in premium brands that combine distinctive experiences with attractive returns and markets.
Four new luxury & lifestyle properties opened in the quarter, further extending its six-brand portfolio that spans nearly 300 open and pipeline hotels in the Americas. Kimpton led the way with notable openings in New York City (Kimpton Era Midtown – New York), Scottsdale, Ariz. (Kimpton Miralina Resort & Villas) and Pacific Grove, Calif. (Kimpton Mirador Pacific Grove Monterrey). The opening of Hotel Indigo Turks & Caicos Grace Bay marks the first IHG-branded property on the sought-after island, with InterContinental and Kimpton hotels to follow soon. IHG also announced the signing of a Six Senses resort and residences in the Utah desert (Six Senses Camp Korongo), adding to the upper luxury brand’s growing Americas pipeline.
Together, these results underscore the strength of IHG’s growth strategy in the Americas, where a system of more than 4,600 open hotels and pipeline of nearly 1,100 properties reflect the scale of opportunity ahead.
