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  "presentationDate": "2023-10-01 00:00:00",
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      "text": "1. The results of three UK Portfolio hotels and one InterContinental hotel have been removed to determine underlying performance.",
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      "text": "2. Stated at constant HY 2023 exchange rates (CER).",
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      "text": "Americas Revenue 413 Operating Profit 342 EMEAA Revenue 121 Operating Profit 63 Greater China Revenue 36 Operating Profit 5 Central Revenue 89 Operating Loss (41) Total IHG Revenue 659 Operating Profit 369 Owned, leased and managed lease 58 9 118 (4) - - - - 176 5 Insurance activities - - - - - - 5 3 5 3 Per HY 2022 financial statements 471 351 239 59 36 5 94 (38) 840 377 Significant liquidated damages - - (7) (7) - - - - (7) (7) Owned asset disposal¹ - - (12) (2) - - - - (12) (2) Currency impact² - - (7) 1 (2) (1) (1) 1 (10) 1 Underlying revenue and underlying operating profit 471 351 213 51 34 4 93 (37) 811 369 Owned, leased and managed lease / insurance activities included in the above (58) (9) (102) 5 - - (5) (3) (165) (7) Underlying fee business 413 342 111 56 34 4 88 (40) 646 362",
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      "text": "HY 2022 underlying fee business revenue and operating profit non-GAAP reconciliations",
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