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Profile

Richard Solomons

Chief Executive Officer
IHG

Richard is responsible for implementing IHG’s strategy of building a portfolio of preferred hotel brands. IHG, which last year celebrated its 10th anniversary as a standalone business, has a broad portfolio of nine brands across 4,600 hotels in nearly 100 countries and territories.
During his tenure as Chief Executive, Richard has led the continued growth of IHG, including the launch of its two newest brands, HUALUXE Hotels & Resorts, the first international hotel brand tailored for the domestic Chinese customer and EVEN Hotels, the first mainstream wellness hotel brand. Richard has also overseen the recent re-launch of IHG’s loyalty scheme as IHG Rewards Club, the world’s first and largest hotel loyalty programme with over 76 million members worldwide.
Before being appointed Chief Executive, Richard served as Chief Financial Officer (CFO) and Head of Commercial Development at IHG. Richard was integral in shaping and implementing IHG’s asset light strategy, which has helped the business grow significantly since it was formed in 2003 as well as supporting the return of over £9 billion to shareholders. In 2008, he also served as Interim President of IHG’s Americas business.
Richard first joined Bass plc (later Six Continents plc), the company from which IHG emerged, in June 1992. He subsequently held a number of senior roles in the business including Chief Operating Officer of the Americas Hotels division, before being appointed Finance Director of the company in March 2003. In this role he oversaw the separation of IHG from Six Continents later in 2003 and the IPO of the Britvic soft drinks division in late 2005.
Prior to joining IHG worked in Investment banking for seven years with Hill Samuel Bank, based in New York and London. He is a qualified Chartered Accountant and a member of the Executive Committee of the World Travel and Tourism Council.