InterContinental Hotels Group

InterContinental Hotels Group Plc owns and operates hotels. The firm's hotel brands include: InterContinental, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites, EVEN Hotels, IHG Rewards Club, Kimpton and HUALUXE Hotels and Resorts. It operates through the following segments: Europe, Middle East, Asia and Africa, Americas, Greater China and Central. The company was founded in 1777 and is headquartered in Denham, the United Kingdom.

InterContinental Hotels Group Plc is a global hospitality company. The firm's hotel brands include Six Senses, Regent, Intercontinental, Vignette, Kimpton, Hotel Indigo, Voco, Hualuxe, Crowne Plaza, Iberostar, Even, Holiday Inn Express, Holiday Inn, Garner, Avid, Atwell Suites, Staybridge Suites, Holiday Inn Club Vacations, Candlewood, and IHG One Rewards. It operates through the following segments: Europe, Middle East, Asia and Africa, Americas, Greater China, and Central. The company was founded in 1777 and is headquartered in Denham, the United Kingdom.

InterContinental Hotels Group has continued to see significant RevPAR growth. However, growth in average daily rates appears to be outpacing that of RevPAR.

InterContinental Hotels: RevPAR Growth Impressive, But Inflationary Pressures Continue

Purchase of own shares LONDON, UK / ACCESSWIRE / March 2, 2023 / The Company announces that on 01 March 2023 it purchased the following number of its ordinary shares of 20340/399 pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 6 May 2022 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 21 February 2023, as announced on 21 February 2023.

InterContinental Hotels Group PLC Announces Transaction in Own Shares - Mar 2

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Purchase of own shares LONDON, UK / ACCESSWIRE / February 24, 2023 / The Company announces that on 23 February 2023 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 6 May 2022 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 21 February 2023, as announced on 21 February 2023.

InterContinental Hotels Group PLC Announces Transaction in Own Shares - Feb 24

Purchase of own share LONDON, UK / ACCESSWIRE / February 23, 2023 / The Company announces that on 22 February 2023 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 6 May 2022 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 21 February 2023, as announced on 21 February 2023.

InterContinental Hotels Group PLC Announces Transaction in Own Shares - Feb 23

Deutsche Bank has downgraded shares in Intercontinental Hotels Group PLC (LSE:IHG) to 'hold' from 'buy', though the target price has been tweaked upwards to 5,850p from 5,730p. The German investment bank believes all the 'upside' is now priced into the shares.

IHG upside now priced into the shares, according to US bank following downgrade

Purchase of own shares LONDON, UK / ACCESSWIRE / February 22, 2023 / The Company announces that on 21 February 2023 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 6 May 2022 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 21 February 2023, as announced on 21 February 2023.

InterContinental Hotels Group PLC Announces Transaction in Own Shares - Feb 22

InterContinental Hotels Group PLC (NYSE:IHG ) Q4 2022 Earnings Conference Call February 21, 2023 4:30 AM ET Company Participants Stuart Ford - Vice President & Head of Investor Relations Keith Barr - Group Chief Executive Officer Paul Edgecliffe-Johnson - Chief Financial Officer Conference Call Participants Jamie Rollo - Morgan Stanley Vicki Stern - Barclays Richard Clarke - Bernstein Jarrod Castle - UBS Alex Brignall - Redburn Jaafar Mestari - BNP Paribas Jaina Mistry - Jefferies Leo Carrington - Citi Leo Tim Barret - Numis Operator Hello everyone and welcome to the IHG Full Year Results to December 31, 2022. My name is Nadia and I'll be coordinating the call today.

InterContinental Hotels Group PLC (IHG) Q4 2022 Earnings Call Transcript

Some investors were booking out of Intercontinental Hotels Group PLC (LSE:IHG) after its results ass were lower than expected, but analysts said cash flow and the share buyback were stronger, and the outlook is encouraging.  The Holiday Inn owner reported operating profits of US$828mln, which was slightly behind the US$831mln average City forecast.

IHG a 'buy' says bank analysts as travel industry enjoys resurgence

InterContinental Hotels Group (IHG) PLC said it will be returning US$750mln to shareholders as part of its share buyback after reporting an uptick in 2022 profits. In a statement, the owner of hotel chains such as Holiday Inn and Crowne Plaza said it is returning the cash to reduce the share capital and the shares it purchases will be cancelled.

InterContinental Hotels commences buyback after uptick in full-year profits

InterContinental Hotels Group PLC said Tuesday that it was launching a $750 million share buyback program for 2023 as it reported a rise in 2022 pretax profit driven by strong demand but missed consensus.

InterContinental Hotels to launch $750 million share buyback as earnings miss forecasts

Holiday Inn owner IHG missed full-year revenue expectations as it was impacted by COVID-19 curbs in China, while a $750 million share buyback did little to cushion a drop in its share price on Tuesday.

Holiday Inn-owner IHG misses revenue estimate; plans another buyback

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Banking, crypto and hotels: Tuesday's updates with HSBC, IHG and Coinbase

InterContinental Hotels might offer investors a “positive surprise” when it reports tomorrow (Tuesday, 21 February), says broker Jefferies, based on its projected 2023 net unit growth and potential buybacks. Analysts at the US bank expect the Holiday Inn owner to broadly meet 2022 consensus estimates, with US$500mln earmarked for buybacks in the coming year alongside net unit growth of over 4%.

InterContinental Hotels can give ‘positive surprise' in results

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The industry is benefiting from improving demand and RevPAR. Stocks like IHG and PLYA are likely to benefit from the prevailing scenario.

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ATLANTA, Feb. 14, 2023 /PRNewswire/ -- Today, IHG Hotels & Resorts celebrates the debut of Vignette Collection in the Americas with the opening of Yours Truly DC. Vignette Collection, the newest brand in IHG's fast-growing Luxury & Lifestyle portfolio, is a family of distinct luxury hotels connected by a shared vision that travel can benefit local people and places. Nestled within Washington, D.C.'s eclectic Dupont Circle, Yours Truly is a bohemian-inspired haven designed to feel like a warm, welcoming home.

IHG Hotels & Resorts debuts its first Vignette Collection hotel in the Americas - Yours Truly DC, the bohemian Dupont Circle darling

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Consumer sentiment ahs been improving lately which is likely to help stocks like InterContinental Hotels Group PLC (IHG), Sportradar Group AG (SRAD), OneSpaWorld Holdings Limited (OSW) and Six Flags Entertainment Corporation (SIX).

4 Solid Stocks to Buy on Improving Consumer Sentiment

LONDON, UK / ACCESSWIRE / February 1, 2023 / The Company announces that on 31 January 2023 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 6 May 2022 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 09 August 2022, as announced on 09 August 2022.

InterContinental Hotels Group PLC Announces Transaction in Own Shares – Feb 01

Purchase of own shares LONDON, UK / ACCESSWIRE / January 31, 2023 / InterContinental Hotels Group PLC (the Company) The Company announces that on 30 January 2023 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 6 May 2022 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 09 August 2022, as announced on 09 August 2022.

InterContinental Hotels Group PLC Announces Transaction in Own Shares - Jan 31

Purchase of own shares LONDON, UK / ACCESSWIRE / January 30, 2023 / InterContinental Hotels Group PLC (the Company)(NYSE:IHG)(LSE:IHG)(OTC PINK:ICHGF)The Company announces that on 27 January 2023 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 6 May 2022 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 09 August 2022, as announced on 09 August 2022.

InterContinental Hotels Group PLC Announces Transaction in Own Shares - Jan 30

Purchase of own shares LONDON, UK / ACCESSWIRE / January 27, 2023 / InterContinental Hotels Group PLC (the Company) The Company announces that on 26 January 2023 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 6 May 2022 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 09 August 2022, as announced on 09 August 2022.

InterContinental Hotels Group PLC Announces Transaction in Own Shares – Jan 27

Purchase of own shares LONDON, UK / ACCESSWIRE / January 26, 2023 / InterContinental Hotels Group PLC (the Company) The Company announces that on 25 January 2023 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 6 May 2022 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 09 August 2022, as announced on 09 August 2022.

InterContinental Hotels Group PLC Announces Transaction in Own Shares – Jan 26

Intercontinental Hotels Group PLC (LSE:IHG) is Jefferies's “preferred play on the travel recovery,” as the bank believes it is in a good position to pressure rivals and market leader Marriot International Inc. The FTSE 100-listed hotel group trades at a significant discount to Marriot but the US bank believes IHG is “better positioned for growth and defensibility this year,” citing exposure in Asia, unit growth and downtrading. “IHG is better exposed to the travel recovery through Asia.

InterContinental Hotels preferred to rivals as travel sector recovers - analysts

Purchase of own shares LONDON, UK / ACCESSWIRE / January 25, 2023 / The Company announces that on 24 January 2023 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 6 May 2022 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 09 August 2022, as announced on 09 August 2022.

InterContinental Hotels Group PLC Announces Transaction in Own Shares - Jan 25

Purchase of own shares LONDON, UK / ACCESSWIRE / January 24, 2023 / The Company announces that on 23 January 2023 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 6 May 2022 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 09 August 2022, as announced on 09 August 2022.

News for InterContinental Hotels Group Stock (IHG)