Intercontinental Hotels’s CEO Sees Solid Growth Momentum With Existing New Brands

Intercontinental Hotels’s CEO Sees Solid Growth Momentum With Existing New Brands

Assessment

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Business, Social Studies

University

Hard

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The transcript discusses the company's strong start to the year with record hotel signings and growth in revenue and profits. It addresses the impact of Hong Kong protests on business, noting a slowdown in meetings and events. The US market shows flat RevPAR, with global uncertainties affecting growth. Despite the US-China trade war, the company remains optimistic due to its domestic focus in China. Concerns about Brexit's impact on the UK hospitality industry are highlighted, with ongoing government engagement to address labor and tourism issues.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a key factor in the company's strong start to the year?

Record level of hotel signings and openings

Reduction in revenue

Decrease in hotel signings

Decline in profits

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the Hong Kong protests initially affect the company's business?

Increase in business activities

Gradual slowdown in meetings and events

No impact at all

Immediate significant impact

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's approach to maintaining growth despite global uncertainties?

Cutting costs in existing hotels

Focusing solely on RevPAR

Reducing investments in new brands

Opening new hotels and expanding existing brands

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's strategy in China amidst the US-China trade war?

Increasing dependency on US markets

Reducing hotel openings

Focusing on domestic consumers

Relying on international travel

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company view the long-term market potential in China?

Dependent on international travel

Uncertain due to economic instability

Limited due to trade tensions

Promising due to GDP growth and rising wealth

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern for the company regarding a no-deal Brexit?

Decrease in hotel signings

Increase in hotel taxes

Reduction in UK tourism

Free movement of people and staffing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does the company play in addressing Brexit challenges?

Avoiding government engagement

Working with the government through the CBI

Reducing UK operations

Focusing on non-EU markets