InterContinental Hotels Group PLC (NYSE:IHG) Q2 2024 Earnings Call Transcript

InterContinental Hotels Group PLC (NYSE:IHG) Q2 2024 Earnings Call Transcript August 7, 2024

Operator: We now begin the Q&A session. [Operator Instructions]

Operator: [Operator Instructions] Our first question for today comes from Vicki Stern of Barclays.

A modern hotel suite showing off the latest in hotel accommodations.

Vicki Stern: First one was just on unit growth. So, I think if we strip back NOVUM from this year, it looks like you’ll be sort of around 3.5% range in terms of net unit growth. Is that the right underlying rate to have in mind for you...