Supplementary Information 31 March 2006 Index RevPAR - 3 months to - - PowerPoint PPT Presentation

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Supplementary Information 31 March 2006 Index RevPAR - 3 months to - - PowerPoint PPT Presentation

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Supplementary Information 31 March 2006 Index RevPAR - 3 months to 31 March 2006 Current Trading Pipeline of Signed Deals - at 31 March 2006 Hotel and Room Count - at 31 March 2006 Continuing Operating Profit and Revenue by

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SLIDE 1

Supplementary Information

31 March 2006

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SLIDE 2

Index

RevPAR - 3 months to 31 March 2006 Current Trading Pipeline of Signed Deals - at 31 March 2006 Hotel and Room Count - at 31 March 2006 Continuing Operating Profit and Revenue by Quarter

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SLIDE 3

Explanatory Notes

  • We have disclosed owned/leased and managed RevPAR on a

comparable basis.

  • Owned and Leased comparable RevPAR reflects performance this

year compared to the same period last year for owned and leased hotels that have traded in both years. This excludes new builds, brand changes, properties closed for major refurbishment and completed disposals.

  • Managed comparable RevPAR reflects performance this year

compared to the same period last year for managed hotels that have traded in both years. Results for 2005 and 2006 for hotels which were previously owned have been transferred to managed and included as comparable.

  • All RevPAR data is quoted at a constant US$ conversion rate to

avoid distortions created by fluctuations in the year on year exchange rate.

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SLIDE 4

RevPAR – 3 Months to 31 March 2006 Owned/Leased & Managed

RevPAR 3 months

Constant US$ Owned & Leased Comparable Managed Comparable

Hotels Occ % ADR RevPAR Hotels Occ % ADR RevPAR

2006 Pts 2006 Growth 2006 Growth 2006 Pts 2006 Growth 2006 Growth InterContinental 4 70.6% 8.9% 204.41 6.3% 144.31 21.6% 23 66.6% 3.9% 157.09 7.2% 104.66 13.9% Crowne Plaza 1 79.2% 20.7% 83.39 19.2% 66.06 61.5% 19 70.2% 3.4% 118.80 13.4% 83.39 19.2% Holiday Inn 5 72.8% (6.2%) 105.36 4.3% 76.72 (3.9%) 42 66.7% 3.7% 89.83 8.8% 59.91 15.2% Express 1 61.7% 2.1% 111.43 13.8% 68.71 17.7% Staybridge Suites 1 60.9% (6.5%) 87.92 19.9% 53.55 8.3% 37 72.5% (1.2%) 105.51 14.3% 76.45 12.3% Candlewood Suites 76 74.2% 1.8% 65.60 10.7% 48.67 13.6% Indigo 1 74.7% 26.7% 125.28 12.0% 93.64 74.0%

Total Americas

11 72.0%

2.4%

146.64

8.9%

105.52

12.8%

199 69.4%

2.9%

102.82

10.3%

71.34

15.0%

InterContinental 9 61.1% 1.1% 194.05 3.7% 118.58 5.7% 39 63.1% 4.8% 141.56 8.9% 89.28 17.9% Crowne Plaza 8 63.1% 4.0% 117.94 7.6% 74.39 14.9% 22 74.7% 2.0% 139.83 9.3% 104.49 12.4% Holiday Inn 12 58.1% 4.0% 110.73 (2.1%) 64.36 5.1% 26 67.4% 0.3% 103.94 5.6% 70.03 6.2% Express 11 62.5% 5.7% 75.40 (0.2%) 47.14 9.8% 7 56.2% 4.8% 76.11 2.6% 42.80 12.2%

Total EMEA

40 60.8%

3.3%

134.53

1.6%

81.85

7.4%

94 66.7%

2.3%

123.00

8.1%

82.10

12.0%

InterContinental 1 77.2% 1.0% 317.31 18.6% 244.81 20.1% 14 69.3% (1.7%) 142.42 5.3% 98.77 2.8% Crowne Plaza 29 76.8% 3.4% 92.88 5.8% 71.37 10.7% Holiday Inn 1 82.8% 6.5% 101.46 12.3% 84.00 21.8% 51 75.8% 5.7% 72.96 3.5% 55.34 11.9% Express 2 66.4% (19.9%) 37.78 25.5% 25.08 (3.4%) Other 3 50.1% (2.9%) 64.92 (5.6%) 32.50 (10.8%)

Total Asia Pacific

2 78.8%

2.5%

252.48

16.4%

198.87

20.3%

99 74.0%

3.0%

91.93

3.9%

68.06

8.2%

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SLIDE 5

RevPAR – 3 Months to 31 March 2006 Franchised & Total

RevPAR 3 months

Constant US$

Franchised Total

Occ % ADR RevPAR Occ % ADR RevPAR

2006 Pts 2006 Growth 2006 Growth 2006 Pts 2006 Growth 2006 Growth InterContinental 67.7% 3.9% 117.81 1.0% 79.75 7.2% 67.5% 4.8% 149.46 6.3% 100.84 14.5% Crowne Plaza 61.6% 2.3% 107.01 10.7% 65.90 15.0% 63.1% 2.0% 109.02 8.4% 68.84 11.9% Holiday Inn 58.4% 2.2% 88.37 8.0% 51.59 12.2% 59.1% 2.2% 88.56 8.3% 52.34 12.5% Express 63.5% 2.9% 83.45 8.5% 52.97 13.7% 63.5% 2.9% 83.51 8.5% 53.00 13.8% Staybridge Suites 70.2% 0.8% 96.43 4.5% 67.70 5.7% 71.2% (0.4%) 100.52 9.2% 71.53 8.6% Candlewood Suites 68.4% 0.8% 67.98 10.6% 46.47 11.9% 72.6% 1.5% 66.22 10.8% 48.06 13.0% Indigo 28.7%

  • 56.30
  • 16.13
  • 43.1%

(5.0%) 110.26 (0.8%) 47.52 (11.1%)

Total Americas

60.8%

2.6%

88.72

8.3%

53.98

13.1%

61.9%

2.5%

91.17

8.4%

56.42

13.0%

InterContinental 67.8% 0.0% 149.66 9.6% 101.41 9.6% 60.3% 2.1% 154.02 2.5% 92.92 6.2% Crowne Plaza 59.8% 5.8% 123.59 9.3% 73.89 21.2% 65.4% 3.4% 129.54 6.5% 84.70 12.2% Holiday Inn 57.7% (1.0%) 97.82 10.8% 56.45 8.9% 61.0% (0.2%) 100.15 8.4% 61.06 8.1% Express 64.0% 1.8% 93.02 3.7% 59.56 6.6% 63.3% 2.3% 90.37 3.0% 57.23 6.9%

Total EMEA

59.8%

0.6%

101.46

9.6%

60.71

10.8%

61.9%

1.2%

113.32

6.6%

70.17

8.7%

InterContinental 76.1% 4.9% 160.58 17.2% 122.26 25.2% 70.2% (1.0%) 156.81 8.1% 110.12 6.6% Crowne Plaza 76.5% 6.5% 102.79 13.1% 78.67 23.5% 71.9% 1.4% 93.41 8.9% 67.20 11.1% Holiday Inn 69.3% (1.7%) 65.79 3.6% 45.61 1.2% 73.8% 3.4% 71.37 5.3% 52.70 10.4% Express 56.8% (3.8%) 52.19 1.8% 29.67 (4.5%) 72.7% (6.4%) 63.02 82.1% 45.85 67.4% Other 61.0% 8.0% 90.41 31.5% 55.14 51.4%

Total Asia Pacific

72.7%

2.0%

101.56

12.9%

73.81

16.0%

72.3%

1.9%

95.04

6.0%

68.69

8.8%

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SLIDE 6

Current Trading – RevPAR Growth

Current Trading - RevPAR Current Trading REVPAR US$ Jan Feb Mar Apr Qtr1

US - InterContinental 10.9% 12.6% 16.5% 10.7% 13.5% US - Crowne Plaza 12.8% 6.7% 13.0% 6.6% 11.0% US - Holiday Inn 11.9% 9.5% 12.7% 6.8% 11.4% US - Express 13.1% 12.7% 13.0% 9.4% 12.9% US - Staybridge 9.0% 9.2% 7.5% 5.9% 8.6% US - Candlewood 10.3% 13.9% 14.4% 8.2% 13.0% US - Indigo

  • 31.7%
  • 16.2%

14.8% 24.2%

  • 11.3%

US - Unbranded 24.1% 0.7% 23.1%

  • 0.4%

14.2% US - ALL BRANDS 12.6% 10.8% 13.3% 8.1% 12.3% HI UK Regions ( all Ownerships) 3.5%

  • 0.5%

7.5%

  • 0.8%

3.5% HI UK London ( all Ownerships)

  • 1.4%

2.6% 3.2%

  • 2.2%

1.5% UK - Holiday Inn 2.0% 0.4% 6.3%

  • 0.9%

3.0% UK (excl IC London) 1.6% 2.1% 7.6%

  • 1.2%

3.8% France 7.2%

  • 3.6%

3.1% 14.9% 2.3% Germany

  • 3.5%
  • 1.9%

14.3%

  • 19.5%

3.2% Middle East 26.9% 27.5% 29.5% 30.7% 27.9% Greater China (incl Hong Kong) 0.7% 20.1% 7.8% 4.2% 8.5%

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SLIDE 7

Current Trading – Occupancy Growth (% points)

Current Trading - Occupancy Current Trading Occupancy % Jan Feb Mar Apr Qtr1

US - InterContinental 4.1% 3.0% 7.6% 4.1% 5.0% US - Crowne Plaza 1.8% 0.3% 2.5%

  • 0.7%

1.6% US - Holiday Inn 2.0% 1.5% 3.1%

  • 0.5%

2.2% US - Express 2.7% 3.2% 3.1% 0.8% 3.0% US - Staybridge

  • 0.3%

0.2%

  • 0.2%
  • 2.3%

0.0% US - Candlewood 0.7% 1.7% 1.9% 0.3% 1.5% US - Indigo

  • 10.4%
  • 8.8%

3.8% 7.5%

  • 5.0%

US - Unbranded 0.0%

  • 5.8%

2.2%

  • 4.8%
  • 1.8%

US - ALL BRANDS 2.2% 2.0% 3.1% 0.1% 2.5% HI UK Regions ( all Ownerships) 0.2%

  • 1.8%

1.9%

  • 0.9%

0.1% HI UK London ( all Ownerships)

  • 3.4%

2.3% 1.8% 3.2% 0.1% UK - Holiday Inn

  • 0.5%
  • 0.9%

1.9% 0.1% 0.2% UK (excl IC London)

  • 0.7%

0.3% 2.0%

  • 0.7%

0.5% France 4.8% 0.4% 0.2% 9.7% 1.6% Germany 0.7% 0.0% 12.7%

  • 12.9%

4.8% Middle East 1.2% 0.4%

  • 1.2%
  • 0.3%

0.1% Greater China (incl Hong Kong)

  • 5.1%

8.4%

  • 1.8%
  • 2.2%

0.3%

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SLIDE 8

Current Trading – Average Daily Rate Growth

Current Trading – Average Daily Rate Current Trading Rate US$ Jan Feb Mar Apr Qtr1

US - InterContinental 4.1% 8.0% 5.5% 4.9% 5.9% US - Crowne Plaza 9.4% 6.3% 9.0% 7.6% 8.3% US - Holiday Inn 7.7% 6.7% 7.3% 7.6% 7.2% US - Express 7.6% 7.2% 8.1% 8.2% 7.6% US - Staybridge 9.5% 8.8% 7.7% 9.1% 8.6% US - Candlewood 9.1% 11.3% 11.6% 7.7% 10.8% US - Indigo

  • 11.8%

2.1% 6.5% 7.5%

  • 1.0%

US - Unbranded 24.0% 10.4% 18.9% 7.5% 17.8% US - ALL BRANDS 8.1% 7.2% 8.1% 8.0% 7.8% HI UK Regions ( all Ownerships) 3.1% 2.1% 4.7% 0.5% 3.3% HI UK London ( all Ownerships) 3.1%

  • 0.2%

1.1%

  • 5.8%

1.3% UK - Holiday Inn 2.9% 1.6% 3.6%

  • 1.0%

2.8% UK (excl IC London) 2.8% 1.6% 4.6%

  • 0.3%

3.1% France 2.3%

  • 4.0%

2.9% 4.7% 0.7% Germany

  • 4.2%
  • 1.9%

1.4%

  • 7.5%
  • 1.4%

Middle East 24.5% 26.8% 31.8% 31.3% 27.7% Greater China (incl Hong Kong) 8.5% 5.3% 10.3% 7.3% 8.0%

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SLIDE 9

Pipeline of Signed Deals – Total at 31 March 2006

Pipeline

Owned & Leased Managed Franchised Total Hotels Rooms Hotels Rooms Hotels Rooms Hotels Rooms InterContinental 1 424 4 2,535

  • 5

2,959 Crowne Plaza

  • 1

330 16 3,022 17 3,352 Holiday Inn

  • 155

19,245 155 19,245 Express

  • 406

34,787 406 34,787 Staybridge 1 150 6 713 77 7,890 84 8,753 Candlewood

  • 91

8,196 91 8,196 Indigo

  • 12

1,430 12 1,430 Total Americas 2 574 11 3,578 757 74,570 770 78,722 InterContinental

  • 10

2,500

  • 10

2,500 Crowne Plaza

  • 4

1,084 7 1,668 11 2,752 Holiday Inn

  • 11

2,457 19 2,327 30 4,784 Express

  • 5

543 28 3,193 33 3,736 Staybridge

  • 2

230

  • 2

230 Total EMEA

  • 32

6,814 54 7,188 86 14,002 InterContinental

  • 15

5,360

  • 15

5,360 Crowne Plaza

  • 20

6,160

  • 20

6,160 Holiday Inn

  • 29

9,705

  • 29

9,705 Express

  • 6

3,015

  • 6

3,015 Total Asia Pacific

  • 70

24,240

  • 70

24,240 InterContinental 1 424 29 10,395

  • 30

10,819 Crowne Plaza

  • 25

7,574 23 4,690 48 12,264 Holiday Inn

  • 40

12,162 174 21,572 214 33,734 Express

  • 11

3,558 434 37,980 445 41,538 Staybridge 1 150 8 943 77 7,890 86 8,983 Candlewood

  • 91

8,196 91 8,196 Indigo

  • 12

1,430 12 1,430 Total 2 574 113 34,632 811 81,758 926 116,964

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SLIDE 10

Hotel & Room Count – Total at 31 March 2006

Hotel & Room Count

Owned & Leased Managed Franchised Total Hotels Rooms Hotels Rooms Hotels Rooms Hotels Rooms InterContinental 7 2,759 18 6,778 22 6,468 47 16,005 Crowne Plaza 1 293 19 6,842 118 31,458 138 38,593 Holiday Inn 5 1,882 44 14,556 966 175,392 1,015 191,830 Express

  • 1

252 1,437 116,916 1,438 117,168 Staybridge 2 229 38 4,695 51 5,383 91 10,307 Candlewood

  • 76

9,218 38 3,627 114 12,845 Indigo

  • 2

305 1 192 3 497 Other

  • 3

579

  • 3

579 Total Americas 15 5,163 201 43,225 2,633 339,436 2,849 387,824 InterContinental 10 3,843 47 15,149 7 2,149 64 21,141 Crowne Plaza 8 2,068 22 5,814 35 8,264 65 16,146 Holiday Inn 12 3,033 88 15,460 215 31,714 315 50,207 Express 11 1,604 10 1,127 141 14,321 162 17,052 Total EMEA 41 10,548 167 37,550 398 56,448 606 104,546 InterContinental 1 495 18 6,609 8 2,390 27 9,494 Crowne Plaza

  • 34

10,964 6 1,831 40 12,795 Holiday Inn 1 198 61 17,015 23 3,934 85 21,147 Express

  • 3

633 1 137 4 770 Other

  • 4

968

  • 4

968 Total Asia Pacific 2 693 120 36,189 38 8,292 160 45,174 InterContinental 18 7,097 83 28,536 37 11,007 138 46,640 Crowne Plaza 9 2,361 75 23,620 159 41,553 243 67,534 Holiday Inn 18 5,113 193 47,031 1,204 211,040 1,415 263,184 Express 11 1,604 14 2,012 1,579 131,374 1,604 134,990 Staybridge 2 229 38 4,695 51 5,383 91 10,307 Candlewood

  • 76

9,218 38 3,627 114 12,845 Indigo

  • 2

305 1 192 3 497 Other

  • 7

1,547

  • 7

1,547 Total 58 16,404 488 116,964 3,069 404,176 3,615 537,544

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SLIDE 11

Continuing Operating Profit and Revenue

Continuing operating profit and revenue

Notes Continuing operations are classified under IFRS at 31 March 2006. This classification can change over time. Continuing excludes all hotel assets on the market or sold by 31 March 2006. The portfolio of 7 European InterContinentals was placed on the market in January 2006 so at 31 March 2006 these assets were classified as discontinued. This is the only change since 31 December 2005.

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SLIDE 12

2006 Continuing Operating Profit and Revenue

2006 Continuing Operating Profit & Revenue

2006 £m

at 31st March 2006 Q1 Q1

Americas O&L 31 2 Managed 20 6 Franchised 55 49 Sub-total 106 57 Regional overhead

  • (8)

Americas 106 49 EMEA O&L 20 (5) Managed 14 8 Franchised 7 5 Sub-total 41 8 Regional overhead

  • (5)

EMEA 41 3 Asia Pacific O&L 18 4 Managed 8 5 Franchised 1 1 Sub-total 27 10 Regional overhead

  • (3)

Asia Pacific 27 7 Central 12 (17) Total Hotels 186 42

Revenue Operating Profit

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SLIDE 13

2005 Continuing Operating Profit and Revenue

2005 Continuing Operating Profit & Revenue

2005 £m

at 31st March 2006 Q1 Q2 Q3 Q4 Full Year Q1 Q2 Q3 Q4 Full Year

Americas O&L 25 31 31 35 122 2 4 4 5 15 Managed 13 18 16 18 65 4 6 4 6 20 Franchised 45 54 60 54 213 39 47 55 45 186 Sub-total 83 103 107 107 400 45 57 63 56 221 Regional overhead

  • (8)

(7) (10) (9) (34) Americas 83 103 107 107 400 37 50 53 47 187 EMEA O&L 24 30 30 26 110 (4) 1 (1) (1) (5) Managed 10 11 15 19 55 6 7 9 9 31 Franchised 6 14 8 7 35 4 12 6 4 26 Sub-total 40 55 53 52 200 6 20 14 12 52 Regional overhead

  • (5)

(5) (5) (6) (21) EMEA 40 55 53 52 200 1 15 9 6 31 Asia Pacific O&L 14 12 12 18 56 3 2

  • 6

11 Managed 5 6 6 8 25 4 4 4 4 16 Franchised 1 1

  • 1

3 1

  • 1

2 Sub-total 20 19 18 27 84 8 6 4 11 29 Regional overhead

  • (2)

(2) (2) (2) (8) Asia Pacific 20 19 18 27 84 6 4 2 9 21 Central 10 10 10 12 42 (14) (18) (16) (17) (65) Total Hotels 153 187 188 198 726 30 51 48 45 174

Revenue Operating Profit

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SLIDE 14

2004 Continuing Operating Profit and Revenue

2004 Continuing Operating Profit & Revenue

2004 £m

at 31st March 2006 Q1 Q2 Q3 Q4 Full Year Q1 Q2 Q3 Q4 Full Year

Americas O&L 20 23 23 27 93

  • 2
  • 2

4 Managed 7 8 7 8 30

  • 3

3

  • 6

Franchised 43 52 55 46 196 36 45 48 38 167 Sub-total 70 83 85 81 319 36 50 51 40 177 Regional overhead

  • (7)

(7) (6) (7) (27) Americas 70 83 85 81 319 29 43 45 33 150 EMEA O&L 24 30 31 31 116 (5) (1) (2) (3) (11) Managed 12 12 9 10 43 8 7 4 5 24 Franchised 5 8 8 6 27 4 5 7 5 21 Sub-total 41 50 48 47 186 7 11 9 7 34 Regional overhead

  • (7)

(5) (6) (5) (23) EMEA 41 50 48 47 186

  • 6

3 2 11 Asia Pacific O&L 11 11 10 15 47 2 2 1 4 9 Managed 5 4 6 6 21 4 3 4 3 14 Franchised 1 1

  • 1

3 1

  • 1

2 Sub-total 17 16 16 22 71 7 5 5 8 25 Regional overhead

  • (2)

(2) (2) (2) (8) Asia Pacific 17 16 16 22 71 5 3 3 6 17 Central 10 11 9 10 40 (10) (18) (11) (18) (57) Total Hotels 138 160 158 160 616 24 34 40 23 121

Revenue Operating Profit