Hotels group doubles profits

InterContinental Hotels reported a doubling in first quarter profits today as it continued to see a pick-up in conditions on both sides of the Atlantic.

The group owns, manages, leases or franchises more than 3,500 hotels and 538,000 rooms in almost 100 countries, including Holiday Inns in Letterkenny, Kilkenny, Dublin and Belfast as well as a Crowne Plaza hotel in Dublin.