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  "documentTitle": "IHG Hotels | Investor Presentation Deck | 69 slides",
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  "authorName": "IHG",
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  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-10-01 00:00:00",
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      "text": "Greater China HY 2023 58.1% FY 2022 26.4% HY 2022 13.9% FY 2021 47.3% FY 2020 45.4% FY 2019 54.1%",
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      "text": "Europe, Middle East, Asia and Africa HY 2023 57.1% FY 2022 52.7% HY 2022 49.1% FY 2021 21.5% -17.9% FY 2020 FY 2019 58.6%",
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      "text": "Americas HY 2023 81.9% FY 2022 84.3% HY 2022 82.8% FY 2021 82.2% FY 2020 70.7% FY 2019 77.7%",
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      "text": "TOTAL IHG HY 2023 58.8% FY 2022 55.9% HY 2022 55.5% FY 2021 49.5% FY 2020 See note FY 2019 See note",
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      "text": "Notes: Fee margin excludes owned, leased and managed lease hotels, and significant liquidated damages. It is stated at AER. HY 2022 has been re-presented for the adoption of IFRS 17 'Insurance Contracts' (to 55.5% from 55.9%) as has FY2022 (to 55.9% from 56.2%) and FY 2021 (to 49.5% from 49.6%). FY 2020 and FY 2019 have not been re-presented for IFRS 17, and were previously reported as 34.1% and 54.1%, respectively.",
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      "text": "HY 2023 fee margin 330bps ahead of HY 2022, driven by recovery in EMEA and Greater China",
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