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From AlphaValue's note out this morning on Research Tree... The weak oil market weighed on the strong US market, deceleration in RevPAR growth in its Q1-16 results, IHG posted a low 1.5% rise in RevPAR at CER (vs +5.9% in Q1-15) in part attributable to the negative impact of weak oil markets and the earlier timing of Easter (in the Americas and Europe notably) in several IHG markets. Prices were up by 1% while occupancy rose modestly (+0.3%). A significant deceleration was seen in the Americas, which recorded a 1.9% rise in RevPAR (occupancy level at c.65%) despite record levels of...
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