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  "documentTitle": "IHG Hotels | Investor Presentation Deck | 69 slides",
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  "authorName": "IHG",
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  "presentationDate": "2023-10-01 00:00:00",
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      "text": "Relaunched lighter touch Daily Room Refresh housekeeping to streamline operations and lower costs, while driving up guest satisfaction\n20% more US hotels joined F&B purchasing programme; now covering ~4,100 properties in Americas region; savings of up to 15% generated for owners\nMitigating energy cost increases and shifting to cleaner fuels: more energy-efficient formats; community solar; green energy tariffs; owner groups benefitting from scale access to low carbon projects and lower-cost energy\nReduced operating cost of Staybridge Suites Social Hour by 35% through shortened service hours and optimised F&B offering, while improving guest satisfaction",
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      "text": "Deployed value engineering to mitigate the impact of inflation by 10-20% across furniture, fixtures and equipment (FF&E) categories\nLowered build costs by 3-5% per key for prototypes through architectural improvements and FF&E updates for Atwell Suites, Staybridge Suites, and Candlewood Suites\nMore countries piloting our procurement service to help lower construction costs\nSupply chain financing programme in Greater China connecting owners to specialist financiers",
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      "text": "Note: data as of December 2022",
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      "kind": "title",
      "text": "Lowering costs and driving efficiencies for our owners supporting performance and returns",
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