In­ter­Con­ti­nen­tal ex­pects tough sec­ond quar­ter

The Daily Telegraph - Business - - Business -

In­ter­Con­ti­nen­tal Ho­tels has suf­fered a huge blow from the coro­n­avirus lock­downs. The com­pany pre­dicted that rev­enue per avail­able room in the first half is ex­pected to fall by more than 50pc. The ho­tel chain also ex­pects rev­enue per avail­able room to slump by roughly 75pc for the sec­ond quar­ter com­pared to the year be­fore.

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