|Bid||4,728.00 x 10500|
|Ask||4,728.00 x 9300|
|Day's range||4,696.00 - 4,762.90|
|52-week range||3,656.00 - 5,050.00|
|PE ratio (TTM)||15.49|
|Earnings date||15 Feb 2016 - 20 Feb 2016|
|Forward dividend & yield||0.75 (1.57%)|
|1y target est||60.66|
Keith Barr, chief executive officer at Intercontinental Hotels Group, discusses first-half earnings, growth in the U.S., his outlook for the second-half of the year, how Brexit may impact his business ...
The operator of the Crowne Plaza, Holiday Inn and Hotel Indigo chains has been focusing on business customers and expanding its luxury offering to cushion the impact of competition from online rental marketplaces such as Airbnb.IHG has also been reducing its ownership of hotels and instead expanding via a cheaper fee model, under which it franchises and manages hotels and has lower capital requirements. The company said it currently has more than 100 Holiday Inn Express hotels under the Franchise Plus model either in the pipeline or open. "This (strong momentum) was led by Greater China, where double digit growth in both RevPAR and net system size, as well as record signings, reflects the ongoing benefits of our long term strategic focus on this important market," the company said.
Higher domestic demand in China helped InterContinental Hotels Group see revenue growth in its second quarter. The British multinational launched two new brands in 2018, Avid Hotels in the U.S. and Voco Hotels in Europe and Asia, and in July acquired a 51 percent stake in the luxury Regent Hotels brand. InterContinental Hotels Group IHG-GB Plc's (IHG) second-quarter room revenue growth accelerated, helped by higher demand in China , it said on Tuesday.
led the FTSE 100 fallers after its half-year results showed organic sales growth slowing to 3.4 per cent, from 4 per cent in the first four months. had both delivered faster first-half organic growth. “Despite cash profit growth, the slower rollout may well indicate some tensions between the company and franchisees,” said Barclays, which also highlighted Domino’s purchase this week of a London franchise of six stores for £7.5m.
A total of 46.9 million travelers are expected to travel this Independence Day, reflecting an increase of more than 5% from last year, per AAA
Wyndham Destinations (WYND) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
United States is eagerly looking forward to the Fourth of July holiday season when a record 47 million American travelers are expected to hit the road.
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. InterContinental Hotels Group PLC (LSE:IHG) has returnedRead More...
Revenue per available room (RevPAR), a key industry measure, rose 3.5 percent in the three months to March 31, above Morgan Stanley's estimate of 2.5 percent. Strong corporate demand and higher occupancies owing to the Chinese New Year lifted RevPAR growth in its Greater China region to 11 percent in the quarter, with 10 percent growth in mainland China. In the United States, the largest market for the company in terms of room numbers, RevPAR was up 2.2 percent, which compared with a rise of 1.9 percent a year ago.
Keith Barr, InterContinental Hotels Group Global CEO, discusses the hotel group's plan for growth in the Middle East. He speaks in an exclusive interview with Yousef Gamal El-Din and Manus Cranny on "Bloomberg ...
InterContinental Hotels Group Plc sees an “incredible” long-term market in London and the U.K., Chief Executive Officer Keith Barr said, shrugging off the uncertainty fueled by the vote to quit the European ...
Chase Card Services, the leading co-brand credit card issuer in the U.S., and IHG® , today announced the newest additions to their credit card portfolio, the IHG® Rewards Club Premier Card and the IHG® Rewards Club Traveler Card.
The Zacks Analyst Blog Highlights: Fiat, Nomad Foods, Prudential, InterContinental and RELX
InterContinental Hotels Group (IHG) said it agreed to buy a 51 percent stake in luxury brand Regent Hotels and Resorts for $39 million in cash as part of its plan to go more upmarket to tap customers willing to pay top prices. IHG, which operates the Crowne Plaza and Holiday Inn brands as well, said it would have the right to buy the remaining stake in a phased manner from 2026. IHG has missed out on customers willing to pay more for greater exclusivity and intends to grow the Regent brand to over 40 hotels from six in global gateway city and resort locations over the long term.
Mar.06 -- IHG CEO Keith Barr discusses the company's performance and expansion plans, and weighs in on President Trump's tariffs. He speaks on "Bloomberg Daybreak: Europe."