Company
Intercontinental Hotels Group PLC
LON:IHG
InterContinental Hotel Group PLC operates 4,150 hotels across nearly 100 countries through seven hotel brands – InterContinental, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express, Staybridge Suites and Candlewood Suites.
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FTSE 100 eyes record close above 8,200; Housebuilders rally; US job growth slows
The FTSE 100 climbed above 8,200 for the first time on Friday
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FTSE 100 Live: Stocks off lows but banks and miners weigh
London's lead index is down but off lows hit by weak trade data from China and falls in the US after Moody's downgraded a number of small and medium sized banks
Holiday Inn head adds to chorus of London stock market discontent
Barr calls London “not a very attractive place” for company listings
InterContinental Hotels can give ‘positive surprise’ in results
InterContinental Hotels could offer investors a "positive surprise" when it reports full-year results on Tuesday, according to Jefferies analysts
InterContinental Hotels surpasses pre-pandemic revenues, but large debt position remains
“We remain focused on our strategy to develop IHG’s portfolio of brands, invest in leading technology and transform our loyalty programme,” said chief executive officer Keith Barr
InterContinental Hotels reactivates booking website, app and systems after cyber breach
External specialists are investigating what happened but are yet to find any evidence of unauthorised access to systems storing guest data
InterContinental Hotels bookings hit for third day after cyberattack
Online bookings "have been significantly disrupted" since the start of the week
Business travellers set to feel the squeeze as air fares and hotel rates continue to rise
Russia's invasion of Ukraine, inflationary pressures and the risk of further Covid outbreaks continue to exert pressure on the business travel industry
InterContinental Hotels launches US$500mln share buyback as profits surge on continued travel recovery
The Holiday Inn owner is resuming its interim dividend with a payout of 43.9 US cents
Tuesday's agenda: Intercontinental Hotels and L&G push financials and travel to the fore
A big day for the financial and insurance sector tomorrow, while retail sales will shine a light on the mood of the consumer
InterContinental Hotels and TUI face different challenges in run up to quarterly results
‘No freewheeling on the hotel cycle’ for InterContinental Hotels Group, says analyst
Pubs and restaurants falls on rail strike worry - though suburbia may benefit
Worst affected were those with outlets in stations, including WH Smith, SSP and Wagamama owner Restaurant Group
InterContinental Hotels boosted by easing of Covid restrictions in first quarter
A tough January, with Covid restrictions remaining in some areas, hampered performance in the Americas and EMEAA
IHG resumes dividend payout but RevPar lags
Group operating profits of US494mln came in at the lower end of consensus expectations with RevPAR still well below pre-pandemic rates
InterContinental Hotels continues to move back towards pre-pandemic levels
There is still “some way to go before the group reaches the heights it achieved in 2019, but given the travel restrictions that continue to affect many markets this is a pretty good start", one analyst said
China’s women will drive trillions in global spending – who will be the UK winners?
The younger generations are changing, as more gender equality in education and at work pushes women to spend money for themselves rather than their families
InterContinental Hotels Group a solid business, but are the shares worth buying?
Deutsche Bank said the interim numbers demonstrated once more the 'solidity' of the chain
Time to stop selling InterContinental Hotels, says stockbroker
An upgrade to 'hold' doesn't scream bullishness but comes with a share price target that suggests upside to the current level
InterContinental Hotels returns to profit in first half as travel demand picks up
Almost half of the group’s hotels achieved RevPAR above 2019 levels in July
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FTSE 100 finishes modestly higher as US stocks push off lows; oil prices stay dull
At the close, the UK blue-chip index was 9.35 points, or 0.1% higher at 7,132.30, only just below the day’s peak of 7,138.805
Is it time to dive back into the hotel sector? Read what the stock pickers at this leading bank have to say
Deutsche Bank believes the industry will be back to pre-pandemic levels by the end of 2020
InterContinental Hotels sees better demand led by Americas, China
As of 31 March, only 4% of the total estate was closed
InterContinental Hotels Group sees recovery later in 2021
The size of the estate now 886,000 rooms with a further 272,000 planned
IHG expects higher profits after accounting tweak and agrees looser bank terms
The Holiday Inn owner also said a change in its treatment of certain revenue from licensing of intellectual property will add around US$22m to operating profit for this year
Intercontinental Hotels opens new sites despite quarterly revenue slump
The group's occupancy rate in the three months to September 30, 2020, was at around 80% of last year’s levels
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FTSE 100 wraps up the week with 74 point gain; US stocks tumble again
It was not quite across the board gains on the Footsie - IHG and LSE were among those to get the elbow
IHG and Whitbread upgraded as JPMorgan sees business travel concerns as overdone
The analyst now forecasts the hoteliers going back to profitability peaks within three years
Intercontinental Hotels downgraded to ‘hold’ by Peel Hunt ahead of trading update
The broker also reduced the target price from 5,000p to 4,300p because the recovery will take a while
IHG investors shrug off reports that Accor likes merger idea
Accor created a team to examine the possibility of a tie-up earlier in the summer, according to reports in France
Intercontinental Hotels posts heavy loss but sees uptick in occupancy
Occupancy fell to 25% at the height of the coronavirus pandemic restrictions
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FTSE 100 closes ahead as vaccine hopes boost value stocks
The UK index of leading shares finished over 103 points higher, or 1.72%, at 6,154
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UK unemployment to show lockdown peak; insurer Pru and InterContinental Hotels provide Tuesday's corporate focus
While the UK government's furlough scheme has helped to prevent a massive wave of immediate job losses, a swathe of large firms have recently announced thousands of job cuts which could push the UK jobless figure higher
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FTSE 100 closes in positive territory but US fears keep lid on gains
There was a bit more excitement in the FTSE 250, especially for shareholders of Cineworld and Clarkson
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Coming week to see updates from InterContinental Hotels, TUI, Frasers, UK unemployment data also eyed
Other firms on the calendar include Prudential, National Express and Ladbrokes owner GVC
IHG says 1% of hotels closed in China, but 30% in Europe, Middle East and Africa
The Crowne Plaza owner expects revenue per available room to be down 75% in the second quarter
Mixed views on hospitality players but phones ring off the hook ahead of next week’s reopening
Analysts are optimistic for hotels, pubs and restaurants, though holiday packages may recover more slowly
InterContinental Hotels says 85% of hotels reopened but still mostly empty
Revenue per available room slumped 80% in April, having been down 55% in March
InterContinental says most hotels open but deserted in China, USA
Occupancy levels in open hotels are currently in “the low to mid 20% range across the business”
Intercontinental Hotels double upgraded to ‘overweight’ by Barclays on expected “material” share price recovery
The firm was the top pick in the sector though its price target was slashed to 3,800p from 4,200p
Intercontinental Hotels upgraded to ‘buy’ as Deutsche Bank predicts fast recovery for hotels once pandemic ‘stabilises’
The bank said hotel stocks are “traditionally hit hard” in similar situations, but would rise quickly when revenue per available room “shows the first signs of recovery”
Intercontinental Hotels upped to ‘outperform’ as RBC highlights ‘low-risk business model’ amid pandemic
RBC said the company’s decision to cut its capital expenditure and final dividend had resulted in a US$250mln “cash boost” to its balance sheet
Intercontinental Hotels expects 60% global revenue plunge, axes dividend
The Holiday Inn and Crown Plaza owner said demand is “at the lowest levels we've ever seen”
InterContinental Hotels upgraded by UBS as coronavirus "in the price"
Analysts forecast a 30% fall for China revenue per room for 2020 but expect a recovery in 2021 of 15%
InterContinental Hotels hikes dividend 10%
“Performance was impacted by macro and geopolitical factors, increased supply growth ahead of demand in some markets, and ongoing unrest in Hong Kong”
Intercontinental Hotels hit by Hong Kong protests
The FTSE 100 firm said it is “confident” in its financial outcome for the rest of the year
Can InterContinental Hotels stop more investors checking out?
Other announcements on Friday include from Avast, Dechra Pharmaceuticals and London Stock Exchange Group
InterContinental Hotels hit by slower revpar growth in China and US
Comparable revenue per available room flattened off to 0.1% from the 0.3% seen in the first quarter
FTSE 100 closes in red again as traders still fearful on trade wars
It wasn't the steep slide seen yesterday, but FTSE 100 finished lower on Tuesday