InterContinental Hotels Group, the world’s third-largest hotel group by room numbers, has said the US-China trade dispute and political unrest in Hong Kong are hitting demand.
Keith Barr, IHG’s chief executive, said that while China was the fastest-growing area of the hotel group’s business with a record number of openings, progress had slowed there in part due to the deepening trade dispute between the US and China weighing on the Chinese economy.
