Holiday Inn owner InterContinental Hotels Plc (LON:IHG) is among the very few names in the book for Friday.
February’s full year results for 2015 represented something of a show of resilience.
Friday brings a trading update for the first quarter of 2016, and ahead of the numbers analysts expect a similar showing.
Vicki Stern, analyst at Barclays, expects IHG to show a 1.4% increase in revenue per room (or RevPar) across the whole group.
Stern forecasts strongest growth (1.7%) coming from operations in the Americas followed by Europe (with 1.6%) but operations in Asia, Middle East and Africa (AMEA) is seen slower (at 0.5%) while a small decline is expected from China.
“We expect net system growth of 2.7% (with Q1 typically being a lower quarter for openings),” Stern said in a note.
“We do not expect this to be a key event for the shares since the US lodging peers have already reported with explicit outlook commentary.”
Analysts at UBS, meanwhile, see slower growth across the group (with 1% Revpar forecast).
Similarly, though UBS expects the Americas to have performed best with 1.5% growth – whilst Europe is expected to lag at 1%.
British Airways and Iberia owner International Airlines Group (LON:IAG), meanwhile, is due to release passenger traffic statistics for April.
And air travel services group BBA Aviation (LON:BBA) is also due to update investors.
Pinch … punch … it is the first [Friday] of the month - which of course means traders everywhere will be distracted by US employment, specifically the monthly non-farm payroll statistics.
Expected stock market announcements
Capital & Counties Properties Plc (LON:CAPC), InterContinental Hotels Group plc(LON:IHG), International Consolidated Airlines Group (LON:IAG), Hastings Group Hldg Plc (LON:HSTG), BBA Aviation Plc (LON:BBA).