IHG - InterContinental Hotels Group PLC
53.62 +0.18 (0.34%)
After hours: 4:25PM EDT
| Previous Close | 55.37 |
| Open | 53.16 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 800 |
| Day's Range | 53.16 - 54.04 |
| 52 Week Range | 53.16 - 69.23 |
| Volume | 470,271 |
| Avg. Volume | 223,072 |
| Market Cap | 9.908B |
| Beta (3Y Monthly) | 1.53 |
| PE Ratio (TTM) | 17.61 |
| EPS (TTM) | 3.03 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.07 (1.92%) |
| Ex-Dividend Date | 2018-08-30 |
| 1y Target Est | 54.00 |
- Yahoo Finance Video•15 days ago
As hotel industry on the rise, CEO of luxury hotel brand set for expansion
The hotel industry hit record numbers in the first quarter of this year and one CEO is not wasting any time expanding into the business. Yahoo Finance's Seana Smith and Dion Rabouin discuss.
- Reuters•16 hours ago
InterContinental Hotels' lacklustre numbers send shares down 5.8 percent
IHG relies heavily on corporate demand but has been slow to adjust to the changing travel landscape as holidaymakers and business travellers increasingly opt for cheaper accommodation offered by the likes of Airbnb and HomeAway. IHG, which owns the Crowne-Plaza and Holiday Inn brands among others, posted a 1 percent rise in third-quarter global revenue per available room, well short of the 6 percent growth reported by French rival AccorHotels (ACCP.PA) on Thursday. Revenue per available room in Greater China was up 4.8 percent as new rooms openings lifted its capacity in the country to 19,000 rooms, up 70 percent from a year earlier.
- Reuters•17 hours ago
Intercontinental, Easyjet lead Britain's FTSE lower
Britain's top share index fell on Friday, led by Intercontinental Hotels Group after disappointing results and budget airline EasyJet Plc following a broker downgrade amid growing gloom in the travel sector. The FTSE 100 reversed earlier gains and was down 0.3 percent by 0926 GMT. Topping the FTSE 100 losers, InterContinental's weaker-than-expected revenue added to the downbeat mood and stirred concerns about the cooling travel sector, even after the hotel chain said it would return 500 million euro ($572 million) to shareholders through a special dividend.
- Evening Standard•17 hours ago
InterContinental Hotels Group dishes out $500m special divi after London boom
InterContinental Hotels Group on Friday cheered bumper demand from tourists for London rooms and vowed to dish up a $500 million payout for investors. The FTSE 100 firm behind the Holiday Inn and Crowne Plaza chains said revenue per available room in the capital rose 3.6% in the third quarter. Finance boss Paul Edgecliffe-Johnson said the firm’s famous Park Lane hotel had its strongest-ever summer.
- Reuters•20 hours ago
IHG hotel room revenue climbs on China demand;
The company, whose 13 brands include Crowne Plaza and Holiday Inn, has been focusing on business customers and expanding its luxury offering to help it cushion the impact of competition from online rental marketplaces like Airbnb. In the Greater China region, revenue per available room (RevPAR) rose 4.8 percent in the third quarter. IHG, which opened its first hotel in China in 1984, is expanding in the world's second largest economy in expectation of further rises in spending by middle class and high-end Chinese travellers.
- American City Business Journals•yesterday
Hotel strike is dealing a blow to Marriott's Bay Area business
Canceled room service. Minimal housekeeping. Limited staff. Hotel guests at eight Marriott properties in the Bay Area have been blindsided by the recent strikes, and they aren't happy about it.
- PR Newswire•2 days ago
New Online Experience Makes It Easier to Plan Events at 5,400 IHG Hotels Worldwide
ATLANTA, Oct. 18, 2018 /PRNewswire/ -- IHG® (InterContinental Hotels Group) has collaborated with Social Tables to launch the company's new groups and meetings 'Shop & RFP' digital experience. Using cutting-edge search technology powered by Social Tables, this new global platform is designed to bring together groups, meeting and event planners, with the 5,400+ IHG hotels around the globe, making it simple to source and compare venues.
- American City Business Journals•3 days ago
Estimated $32M in new hotels planned near Disney's Flamingo Crossings development
Walt Disney World’s newest mixed-use development has become a hotbed for hotel rooms — raising the plan from four new properties to six. Plans filed earlier this month with Orange County show a pair of hotels totaling 321 rooms may be coming to 18 vacant acres just south of Flamingo Crossings, a master-planned Disney development with apartments, shops and hotels. It’s unknown who will develop the two new hotels. Site plans for the new project show a new 173-room, eight-story Holiday Inn Resort and a 148-room Hyatt House split between two multistory buildings, which will share swimming pools, a patio area and other amenities.
- CNBC•8 days ago
InterContinental to remove plastic straws from hotels globally
IHG's decision will get rid of an average of 50 million single use plastic straws from hotels each year. Biodegradable alternatives to plastic straws will be made available. Major hotel business InterContinental Hotels Group (IHG) is to remove plastic straws from its global estate by the end of 2019.
American City Business Journals•9 days agoControversial hotel is in the works for Safety Harbor
A new hotel is moving forward in the quaint town of Safety Harbor. KOS Corp. Investments Ltd., the owner of the Oakbrook Plaza shopping center, filed the plans with the Southwest Florida Water Management District for a Candlewood Suites Extended Stay hotel on an existing 1.62-acre site in the plaza at the intersection of Enterprise and McMullen Booth roads. A hotel development has been in the plans since the early 2000s to convert an old 58,209-square-foot office building on the property, but the plans have received negative feedback from residents who think an extended stay hotel is unnecessary and would hurt property values.
- American City Business Journals•10 days ago
Hyatt snaps up well-known S.F. hotel brand as part of $600 million deal
The deal includes more than 85 properties under the Joie de Vivre, Thompson Hotels, Destination Hotels, tommie, and Alila Hotels & Resorts brands.
- American City Business Journals•15 days ago
'Under the radar' hotel group consolidates, buys Triad office condo
A major player in the hotel industry in the Carolinas and Virginia has chosen the Triad as a spot to consolidate divisions and purchased an office condo in the area, Triad Business Journal has learned. Daly Seven Hotels, a family-owned company operated by seven siblings from Danville, Virginia, that owns 38 hotels and nine more on the way, bought the headquarters of The Brooks Group at 3810 N. Elm St. in Greensboro. The company intends to use the 10,000-square-foot office condo as the home of its hotel operations and construction management divisions.
- American City Business Journals•15 days ago
Nearly 2,500 San Francisco hotel workers strike amid crumbling contract negotiations
Nearly 2,500 hotel workers hit the picket line in downtown San Francisco as negotiations for higher wages and improved working conditions crumbled. Following months of negotiations and more than three weeks since authorizing a strike, workers from seven Marriott (NASDAQ: MAR) properties walked out during one of the city's peak tourism seasons. Local 2 — the San Francisco and San Mateo counties' chapter of the Unite Here hospitality workers union — said this is the largest hotel workers' strike in the city in decades.
- American City Business Journals•18 days ago
Hilton Hotels settles with striking Chicago hotel workers
Two of the major hotel chains in Chicago have a new deal with workers, but Hyatt Hotels has not yet settled.
- Reuters•22 days ago
M&C Hotels chief leaves after just three months in charge
Industry veteran Jennifer Fox, who took up the role only in June, said last month that she was reviewing the company's "earnings profile" and developing a strategic plan. No reason was given for her abrupt departure. The company, which operates the Millennium, Grand Millennium, Copthorne and Kingsgate hotels, said it would provide further updates in due course.
- PR Newswire•25 days ago
SEC Network Star Jordan Rodgers Wins Holiday Inn Express® READIEST Breakfast Challenge
Rodgers Upsets Jesse Palmer and Maria Taylor in Breakfast-Making Competition to Demonstrate How Holiday Inn Express Hotels Get Fans READIEST for Game Day ATLANTA , Sept. 25, 2018 /PRNewswire/ -- The Holiday ...
- American City Business Journals•25 days ago
Investors plan hotel after paying $21M for SoBro site, taking advice from Grammy-winner
The lead investor says gospel singer and Brentwood resident CeCe Winans is advising on the entertainment features of the planned hotel, which would be developed in partnership with a Dickson-area hotelier.
- Reuters•last month
India's largest hotel chain OYO set to expand into Britain
OYO, India's fastest growing hotel chain, is set to shake up Britain's budget accommodation market with a high-tech franchising and marketing strategy to sign up 300 independent hotels by the end of 2019, its founder told Reuters on Wednesday. Marking its first expansion outside of Asia, the franchiser said it plans to invest 40 million pounds ($53 million) to launch in 10 UK cities over the next 18 months through a smartphone-based service aimed at both franchise owners and guests. OYO is entering Britain's economy hotel segment, which is led by Whitbread's Premier Inn chain.
- Reuters•last month
India's largest hotel chain OYO set to expand into Britain
OYO, India's fastest growing hotel chain, is set to shake up Britain's budget accommodation market with a high-tech franchising and marketing strategy to sign up 300 independent hotels by the end of 2019, its founder told Reuters on Wednesday. Marking its first expansion outside of Asia, the franchiser said it plans to invest 40 million pounds ($53 million) to launch in 10 UK cities over the next 18 months through a smartphone-based service aimed at both franchise owners and guests. OYO is entering Britain's economy hotel segment, which is led by Whitbread's Premier Inn chain.
- PR Newswire•last month
Your Attention, Cheese! Holiday Inn® Is Grilling Up More Than Smiles On National Cheeseburger Day
On Sept. 18, Holiday Inn Burger Theory Restaurants Are Giving Away 10,000 Classic Cheeseburgers ATLANTA , Sept. 12, 2018 /PRNewswire/ -- IHG ® (InterContinental Hotels Group), one of the world's leading ...
- PR Newswire•2 months ago
Crowne Plaza® Hotels & Resorts Awarded Patent For WorkLife Room
Patent Marks Major Milestone for the Brand's Proprietary "Guest Room of the Future" ATLANTA , Aug. 28, 2018 /PRNewswire/ -- The Crowne Plaza ® Hotels & Resorts brand today announced the approval ...
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of IHG.L earnings conference call or presentation 7-Aug-18 8:30am GMT
Interim 2018 InterContinental Hotels Group PLC Earnings Call
- Simply Wall St.•2 months ago
Only 2 Days Left Before InterContinental Hotels Group PLC (LON:IHG) Will Start Trading Ex-Dividend, Should Investors Buy?
Shares of InterContinental Hotels Group PLC (LON:IHG) will begin trading ex-dividend in 2 days. To qualify for the dividend check of US$0.36 per share, investors must have owned the sharesRead More...
