#asset-light-model

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fromLondon Business News | Londonlovesbusiness.com
1 week ago

IHG posts strong 2025 results amid record expansion - London Business News | Londonlovesbusiness.com

InterContinental Hotels Group, owner of Holiday Inn, Crowne Plaza, and Hotel Indigo, reported robust revenue and profit growth for 2025, driven by a record hotel rollout and strategic acquisitions. The group opened 443 new hotels over the past year - adding more than 65,000 rooms - and completed its acquisition of the European hotel brand Ruby. Financially, IHG posted total revenue of $5.19 billion (£3.8 billion), up 5% from 2024, while operating profits rose 15% to $1.2 billion (£880 million).
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fromTechCrunch
3 months ago

IntrCity SmartBus lands $30M at $140M valuation to deepen its grip on India's intercity travel market | TechCrunch

IntrCity SmartBus raised $30 million Series D at a $140 million valuation to scale tech-enabled intercity bus services across smaller Indian cities using an asset-light model.
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