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News: CLA IHG quarterly room revenue closing in on pre-pandemic levels

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    Oct 22 (Reuters) - Holiday Inn owner IHG Plc IHG.L on Friday reported a jump in third-quarter hotel room revenue (RevPAR), and said it was recovering closer to pre-pandemic levels on easing travel restrictions.

    The company said RevPAR, a key performance indicator, rose 66% for the July-to-September period, compared with a 53.4% drop a year earlier, but was down 21% compared with 2019.

 
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