Vmbook Online ordering

Intercontinental Hotels Group

Sure, here's some general information about InterContinental Hotels Group (IHG), a public company listed on the New York Stock Exchange (NYSE):

InterContinental Hotels Group (IHG) is a British multinational hotels company headquartered in Denham, Buckinghamshire, England. IHG has about 842,771 guest rooms and 5,656 hotels across 100 countries. They own several brands such as InterContinental, Crowne Plaza, Holiday Inn, Holiday Inn Express, and HUALUXE.

As of February 2023, the company's market capitalization was around $14.37 billion USD. Their stock symbol is IHG, and they are listed on the NYSE.

In terms of earnings, for the nine months that ended September 30, 2022, IHG reported an adjusted EBIT of $627 million, 26% higher than the same period last year. The increase was driven by stronger RevPAR growth, improved fee margin, and the benefit of cost savings. The 2022 nine-month adjusted EPS was $2.53, up 43% on a constant currency basis. For full-year 2022, IHG expected RevPAR growth of around 2-3% and an adjusted EBIT margin of around 45-50 bps.

IHG has a diverse portfolio of well-known hotel brands, a strong global presence, and a commitment to sustainability. However, they face challenges such as intense competition in the hotel industry, economic uncertainty affecting travel demand, and ongoing pressure to maintain environmental and social responsibility.

I hope this helps you get started on your analysis of IHG. Let me know if you need more specific information or have any further questions!

    Insider services lodging intercontinental-hotels-group ihg