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  "documentTitle": "2025 11 Investor Pack",
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      "text": "EBIT is operating profit from reportable segments. Definitions for non-GAAP measures can be found in the ‘Key performance measures and non-GAAP measures’ section of IHG’s HY25 results.",
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      "kind": "source-note",
      "text": "1. +4.6% YOY including the removal of 7,092 rooms previously affiliated with The Venetian Resort Las Vegas. 2. Cash conversion on a trailing 12-month basis (TTM) was 111%.",
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