A
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· Improvement in demand within the first quarter, led by the Americas and Greater China. · Group RevPAR down 50.6% vs 2019 (down 33.7% vs 2020); continued industry outperformance in key markets. · RevPAR reflects a 23%pts reduction in occupancy, with rate sustained at ~80% of 2019 levels. · Occupancy of 40.0%, improving through the quarter; 223 hotels (4% of estate) closed at 31 March. · Net system size growth broadly flat YTD; global estate 884k rooms (5,959 hotels). · Opened 7.3k rooms (56 hotels); 5.8k added to Essentials and Suites brands, 1.5k in Premium, Luxury & Lifestyle. · Removed 9.5k rooms (61 hotels); 6.3k (31 hotels) for Holiday Inn and Crowne Plaza in Americas and EMEAA. · Signed 14.5k rooms (92 hotels), ahead of Q1 last year; total pipeline increased to 274k rooms (1,820 hotels).
2. Form of Proxy for 2021 Annual General Meeting 3. Chair s Letter In compliance with Listing Rule 9.6.1, a copy of the Notice of Meeting and Form of Proxy have been submitted to the UK Listing Authority via the National Storage Mechanism and will be available in due course for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism The Notice of Annual General Meeting referred to above is publicly available on the Company s website. A summary of information relating to the Annual General Meeting is set out below. AGM Arrangements · The meeting will be held at 11.30am on Friday 7 May 2021 at IHG s Global Headquarters at Broadwater Park, North Orbital Road, Denham, Buckinghamshire UB9 5HR.