Hotel giant says ‘growing middle class’ boosted hotel demand despite Middle East hit
- Posted on August 11, 2026
- By CNBC
- 1 Views
- 1 min read
In brief
IHG International Hotels Group demonstrated resilience in the first half of the year, posting increased profitability driven primarily by robust demand across United States properties. While the expanding middle class in emerging markets fueled bookings and revenue growth, geopolitical tensions in the Middle East region created headwinds that partially offset gains. The hospitality sector continues adapting to shifting travel patterns as economic expansion supports leisure and business travel worldwide.
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Hotel giant says ‘growing middle class’ boosted hotel demand despite Middle East hit
IHG reported higher first-half profit as U.S. demand accelerated and Middle East disruption weighed on travel.
