On p.3 the statement indicators some of the company's brands such as Holiday Inn, Holiday Express, and Crowne Plaza.

It also mentions

"IHG� is one of the world’s leading hotel

companies, with a diverse portfolio of 16 hotel

brands operating in more than 100 countries. As

an asset-light business, we focus on franchising

and managing hotels, working closely with

independent third-party hotel owners. Having

a predominantly franchised estate means that

most of the people working in IHG-branded

hotels are employed by third-party hotel

owners, rather than by IHG directly.

We also have some areas where we have

outsourcing arrangements in place. For

example, at the corporate level, we outsource

some of our call centres and technology

support services, as well as some cleaning/

facilities and management/catering at some of

our corporate locations."