Hotel giant says ‘growing middle class’ boosted hotel demand despite Middle East hit

🇺🇸 CNBC (US) —
Hotel giant says ‘growing middle class’ boosted hotel demand despite Middle East hit

AI Summary

IHG reported higher first-half profits driven by growing middle-class demand in the US despite disruptions in the Middle East. The report highlights strong travel sector resilience amid regional challenges.

IHG reported higher first-half profit as U.S. demand accelerated and Middle East disruption weighed on travel.

World Markets Deals Travel travel hospitality IHG Middle East middle class profit demand

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