InterContinental Adds U.S. High-End in $430M Kimpton Deal

The transcript discusses the acquisition of Kimpton hotels, highlighting its value in the US market and potential for global expansion, particularly in Europe and Asia. The asset-light model is emphasized as a strategic choice over organic growth. The impact of the Russian market and oil price changes on the travel industry are also explored, with a positive outlook on global travel growth.

Why is it considered difficult to replicate the Kimpton brand's established locations?

What impact does the fluctuation in oil prices have on leisure travel according to the discussion?

What are the key factors driving global travel growth mentioned in the conversation?