IHG Hotels & Resorts

Hotels & hospitality · IHG.L

The Japan read

From the company's own filing for H1 2026 (Jan–Jun) · reported 2026-08-11 · the filing

JapanJapan now has 62 open IHG hotels and 34 in the pipeline; in the half it opened 3 and signed 14, and 12 of its Garner signings came from a Japanese portfolio of 14 hotels converting to IHG brands.
JapanIt added ANA Mileage Club, the loyalty programme of Japan's largest airline, as a partner, and agreed co-branded cards with Sumitomo Mitsui Card to launch in 2027.
Not disclosedIHG gives no Japan RevPAR. Japan sits in EMEAA, whose RevPAR rose 3.0% in the half; its East Asia & Pacific sub-region grew 6.0% in the second quarter.

Other callouts in the filing

One-offProfit for the period fell 9.4% to $425m although operating profit rose 7.7%, largely because foreign-exchange items swung to a $7m loss from a $79m gain.
SegmentGlobal RevPAR rose 4.1%; it opened a record 31.5k rooms (197 hotels) and its pipeline stands at 348k rooms.

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.

Show figures in

in USD, as reported

H1 2026 (Jan–Jun) · Year-to-Date

Reported 2026-08-11

Total revenue¥420.3bn+5.6%

Operating profit¥106.1bn+7.7%

Net income¥67.2bn−9.4%

Converted from USD at this period's average rate. The change is as the company reported it, in USD.

IHG runs and franchises InterContinental, Holiday Inn, Kimpton and other hotels — in Japan including the ANA InterContinental and ANA Crowne Plaza hotels. In January–June 2026 revenue rose 5.6% to $2.66bn and operating profit 7.7% to $0.67bn, while profit fell 9.4% to $0.43bn; IHG gives no Japan revenue figure.