(Reuters) – Holiday Inn owner IHG Plc said on Friday its CEO Keith Barr would step down on June 30 and the company’s Americas CEO Elie Maalouf would succeed him.
Separately, the Crowne Plaza, Regent and Hualuxe owner reported a 33% jump in first-quarter revenue per available room (RevPAR) – a key measure for a hotel’s top-line performance.
(Reporting by Radhika Anilkumar in Bengaluru; Editing by Sherry Jacob-Phillips and Rashmi Aich)
