IHG announces regional restructuring and cost saving programme
InterContinental Hotels Group PLC ("IHG") [LON: IHG; NYSE: IHG (ADRs)] announces a significant cost saving programme including the restructuring of IHG's Asia Pacific region. IHG has experienced rapid growth in the Asia Pacific region in recent years, in particular in the Greater China region where IHG is the largest international hotel company, with 115 hotels open and 127 in the development...
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