Holiday Inn owner suffers Middle East slowdown as Iran war hits tourism

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Holiday Inn owner suffers Middle East slowdown as Iran war hits tourism

The owner of Holiday Inn has suffered a slump in revenue at its Middle Eastern business as the Iran war knocked the region’s tourist economy. Intercontinental Hotels Group (IHG) said its revenue per available room in the Middle East slipped by 19 per cent in the three months to June. This followed a two per [...]