By Elliot Gulliver-Needham Holiday Inn owner IHG’s revenue per available room was positive over the last quarter, despite concerns over its performance. In a third quarter trading update, Intercontinental Hotels Group reported global RevPAR, a key metric for the hotel industry, of 1.5 per cent. RevPAR in the UK grew by 2.2 per cent over the quarter, above the global average but far below the 7.1 per cent growth in continental Europe. Meanwhile, the Americas sat at 1.7 per cent, with EMEAA (Europe, the Middle East and Africa) at 4.9 per cent, and Greater China at -10.3 per cent. China’s sharp d…