IHG’s CEO on Full-Year Earnings, Coronavirus, China Strategy

The transcript discusses the company's strong performance last year, highlighting growth in hotel openings and revenue. It addresses the challenges posed by the coronavirus, particularly in the Chinese market, and the company's efforts to manage the situation. Despite the downturn in travel, the company remains optimistic about recovery, drawing parallels to past events like SARS. The Chinese market is crucial for future growth, and the company is actively supporting efforts in Wuhan.

What was one of the key achievements of the company in the previous year?

• Opening the most hotels in over a decade

• Reducing the number of hotel rooms

• Decreasing the dividend by 10%

• Closing operations in China

How did the company respond to the coronavirus challenge in terms of health and safety?

• By ignoring government guidelines

• By increasing hotel prices

• By focusing on the well-being of colleagues and customers

• By closing all hotels worldwide

What was the observed trend in travel during February due to the coronavirus?

• An increase in travel bookings

• A complete halt in global travel

• A significant drop in travel

• No change in travel patterns

What percentage of the company's existing hotel supply is located in China?

• 15%

• 20%

• 10%

• 5%

How is the company contributing to the medical efforts in Wuhan?

• By closing all hotels in Wuhan

• By stopping all hotel operations in China

• By providing meals to workers building new hospitals

• By relocating all staff to other countries