Edition:
India

InterContinental Hotels Group PLC (IHG.L)

IHG.L on London Stock Exchange

5,165.00GBp
20 Aug 2019
Change (% chg)

-20.00 (-0.39%)
Prev Close
5,185.00
Open
5,200.00
Day's High
5,245.00
Day's Low
5,150.00
Volume
267,117
Avg. Vol
417,612
52-wk High
5,770.00
52-wk Low
4,052.63

Latest Key Developments (Source: Significant Developments)

Intercontinental Hotels Group HY Total Revenue $2,280 Mln Vs. $2,113 Mln last year
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - InterContinental Hotels Group PLC ::INTERCONTINENTAL HOTELS GROUP PLC - HY GROUP TOTAL REVENUE $2,280M VERSUS $2,113M AS REPORTED A YEAR EARLIER.INTERCONTINENTAL HOTELS GROUP PLC - H1 COMPARABLE REVPAR: AMERICAS = 0.1% (US = 0.0%); EMEAA = 0.2%; GREATER CHINA = (0.3)%.INTERCONTINENTAL HOTELS GROUP PLC - CONFIDENCE IN OUTLOOK FOR BALANCE OF YEAR.INTERCONTINENTAL HOTELS GROUP PLC - 0.1% GLOBAL H1 REVPAR (Q2 = (0.2)%).INTERCONTINENTAL HOTELS GROUP PLC - INTERIM DIVIDEND PER SHARE 39.9¢.INTERCONTINENTAL HOTELS GROUP PLC - HY OPERATING PROFIT $457M VERSUS $401M.  Full Article

InterContinental Hotels Says Nicolette Henfrey Appointed Executive Vice President
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - InterContinental Hotels Group PLC ::NEW EXECUTIVE COMMITTEE APPOINTMENTS.GEORGE TURNER HAS TAKEN UP POSITION OF IHG'S CHIEF COMMERCIAL AND TECHNOLOGY OFFICER..NICOLETTE HENFREY HAS BEEN APPOINTED EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL AND COMPANY SECRETARY.  Full Article

FMR Discloses 5.11 Pct Stake In InterContinental Hotels
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - InterContinental Hotels Group PLC ::FMR LLC DISCLOSES 5.11 PERCENT STAKE IN INTERCONTINENTAL HOTELS - FILING.  Full Article

IHG's Global Comparable RevPAR Grows 1 Pct In Q3
Friday, 19 Oct 2018 

Oct 19 (Reuters) - InterContinental Hotels Group Plc ::INTERCO. HOTELS GRP - THIRD QUARTER TRADING UPDATE.SAYS GLOBAL Q3 COMPARABLE REVPAR UP 1.0%, WITH Q3 YTD REVPAR UP 2.7%.SAYS 27K ROOMS SIGNED IN Q3.SAYS VOCO ON TRACK FOR >15 SIGNINGS BY YEAR END.SAYS $500M TO BE RETURNED TO SHAREHOLDERS BY MEANS OF SPECIAL DIVIDEND WITH SHARE CONSOLIDATION.QTRLY GLOBAL REVPAR GREW 1.0%, WITH PERFORMANCE IN US IMPACTED BY STRONG PRIOR YEAR DEMAND FROM 2017 HURRICANES.SAYS VOCO IS ON TRACK FOR MORE THAN 15 SIGNINGS BY YEAR END, AHEAD OF OUR INITIAL EXPECTATIONS.SAYS ROLL-OUT OF IHG CONCERTO, FEATURING OUR INNOVATIVE NEW GUEST RESERVATION SYSTEM, IS SUBSTANTIALLY COMPLETE.SAYS A $500M SPECIAL DIVIDEND WITH SHARE CONSOLIDATION, TO BE PAID IN EARLY 2019.SAYS "FUNDAMENTALS FOR INDUSTRY REMAIN STRONG".SAYS "CONFIDENT" IN OUTLOOK FOR REMAINDER OF YEAR.SAYS IN GREATER CHINA REVPAR WAS UP 4.8% IN Q3 AND 8.2% Q3 YTD.SAYS WITH GREATER CHINA ON TRACK TO HAVE ITS BEST EVER FULL YEAR PERFORMANCE IN 2018.  Full Article

Cathay International's HY Revenue Falls To $49.2 Mln From $62 Mln
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Cathay International Holdings Ltd ::HY REVENUE DECREASED TO USD49.2 MILLION (H1 2017: USD62.0 MILLION).HY GROUP'S OPERATING PROFIT DECREASED BY USD3.8 MILLION TO USD1.1 MILLION.HY PROFIT BEFORE INCOME TAX $3.4 MILLION VERSUS $18.3 MILLION.CURRENT TRADE TENSION BETWEEN U.S., CHINA MAY IMPACT HEALTHCARE EXTRACT PRODUCTS SUCH AS INOSITOL AND BILBERRY.TRADE TENSION SHOULD HAVE LITTLE OR NO IMPACT ON PHARMACEUTICAL AND COSMECEUTICAL BUSINESSES.HOTEL'S BUSINESS MAY ALSO BE ADVERSELY AFFECTED SHOULD TRADE FRICTION ESCALATE AND SLOW DOWN CHINA'S ECONOMY.IF MARKET DEMAND REMAINS STABLE, HAIZI WILL HAVE LOWER PRODUCTION COSTS OF INOSITOL IN H2 VERSUS H1.HOTEL IS IN DISCUSSIONS WITH IHG ON ROOM RECONFIGURATION STRATEGY TO MAXIMISE REVENUE GENERATION.  Full Article

IHG Completes Acquisition Of 51 Pct Stake In Regent Hotels & Resorts
Monday, 2 Jul 2018 

July 2 (Reuters) - InterContinental Hotels Group PLC ::IHG COMPLETES ACQUISITION OF 51% STAKE IN REGENT HOTELS & RESORTS.  Full Article

Intercontinental Hotels Updates on Impact of US Tax Cuts, Jobs Act Bill​
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Intercontinental Hotels Group Plc ::INITIAL ESTIMATES ARE ENACTED BILL WILL REDUCE IHG'S GROUP EFFECTIVE TAX RATE BY MID TO HIGH SINGLE DIGIT PERCENTAGE POINTS FROM 1 JANUARY 2018‍.GROUP EFFECTIVE TAX RATE IS STILL EXPECTED TO BE IN LOW 30S IN 2017 ​.‍EXPECTED MEASURES OUTLINED IN BILL WILL RESULT IN SIGNIFICANT, EXCEPTIONAL TAX CREDIT IN FINANCIAL YEAR BILL IS SIGNED INTO LAW.EXCEPTIONAL TAX CREDIT IN FINANCIAL YEAR BILL IS SIGNED INTO LAW, WHICH WOULD BE REALISED IN CASH TERMS OVER A LONG PERIOD FROM 2018​.  Full Article

IHG partners with SAMHI to expand Holiday Inn Express portfolio in India
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Intercontinental Hotels Group Plc :‍PARTNERED WITH SAMHI TO REBRAND ABOUT 2000 ROOMS WITHIN ITS INDIA HOTEL PORTFOLIO, TO HOLIDAY INN EXPRESS HOTELS​.  Full Article

Intercontinental Hotels signs Crowne Plaza hotel in Cairo
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Intercontinental Hotels Group Plc :ANNOUNCED SIGNING OF CROWNE PLAZA CAIRO SHEIKH ZAYED CITY IN PARTNERSHIP WITH AL BADR FOR INVESTMENTS AND COMMERCIAL SPACES COMPANY​.  Full Article

Grubhub announces collaboration with InterContinental Hotels
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Grubhub Inc :Grubhub-Collaboration with ihg to offer ihg rewards club members point-earning benefits for ordering food on grubhub via ihg's online,mobile channels​.  Full Article

UPDATE 2-InterContinental plays down impact in China of growing trade tensions

* Interactive graphic https://tmsnrt.rs/2MIgCfE on IHG's RevPAR (Adds details on China, CFO comments, background)