IHG posted 4.4% global RevPAR growth in Q1, blowing past the 3.3% consensus, with groups up 7% and business up 6%. The question every GM should be asking isn't whether the brand is winning... it's whether your property is getting its share.
A Chinese hotel chain is generating a third of its revenue from retail... not lobby gift shops, but a full-blown consumer brand built on sleep products. The model is growing at 17% CAGR while most Western operators are still arguing about minibar margins.
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