The previous regional reporting segments of
Americas, Europe Middle East and Africa, and Asia Pacific, will become
four segments: Americas, Europe, Asia Middle East and Africa (AMEA), and
Greater China.
InterContinental Hotels Group PLC (IHG) [LON:IHG, NYSE:IHG (ADRs)] is announcing the change of its regional segmental reporting structure effective from the results for the 12 months to 31 December 2011, which will be reported on 14 February 2012.
The previous regional reporting segments of Americas, Europe Middle East and Africa, and Asia Pacific, will become four segments: Americas, Europe, Asia Middle East and Africa (AMEA), and Greater China. This change in reporting reflects the implementation of the reorganisation of the business announced in July 2011. The new structure ensures that IHG is best positioned to derive maximum benefit from its scale and expertise in each geographic region, in order to drive market share.
This change only affects the regional segmental reporting structure of the results; there is no change to the Group level financial statements or operating statistics.
Revenue and operating profit data by quarter for the financial years ending 31 December 2010, 31 December 2009 and the nine months to 30 September 2011 have been restated for the new regional structure. These, together with other supplementary data for the nine months to 30 September 2011 including system size, pipeline and quarterly revenue per available room (RevPAR), are available to download at www.ihgplc.com/investors/newregionalstructure.
InterContinental Hotels Group PLC (IHG) [LON:IHG, NYSE:IHG (ADRs)] is announcing the change of its regional segmental reporting structure effective from the results for the 12 months to 31 December 2011, which will be reported on 14 February 2012.
The previous regional reporting segments of Americas, Europe Middle East and Africa, and Asia Pacific, will become four segments: Americas, Europe, Asia Middle East and Africa (AMEA), and Greater China. This change in reporting reflects the implementation of the reorganisation of the business announced in July 2011. The new structure ensures that IHG is best positioned to derive maximum benefit from its scale and expertise in each geographic region, in order to drive market share.
This change only affects the regional segmental reporting structure of the results; there is no change to the Group level financial statements or operating statistics.
Revenue and operating profit data by quarter for the financial years ending 31 December 2010, 31 December 2009 and the nine months to 30 September 2011 have been restated for the new regional structure. These, together with other supplementary data for the nine months to 30 September 2011 including system size, pipeline and quarterly revenue per available room (RevPAR), are available to download at www.ihgplc.com/investors/newregionalstructure.
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