|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||57.43 - 57.80|
|52 Week Range||53.57 - 72.95|
|Beta (3Y Monthly)||1.21|
|PE Ratio (TTM)||18.09|
|Forward Dividend & Yield||1.07 (1.93%)|
|1y Target Est||54.00|
A former Holiday Inn hotel and Econo Lodge Downtown has been in operations and welcoming guests on the 10th floor for the past couple weeks. The $13 million Hotel Indigo Memphis Downtown is part of the international brand IHG, which owns more than 90 boutique hotels. The 200,000-square-foot building at 22 N. B.B. King Blvd. was added to the National Register of Historic Places in 2018, and now it has been revived as a tribute to Memphis music, culture, and a retro décor.
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Historically, InterContinental Hotels Group PLC (LON:IHG) Read More...
Mayfair Street Partners says it expects to have Hotel Indigo in downtown Winston-Salem open in the renovated Pepper Building in March, a month before the date InterContinental Hotels is accepting online reservations.
Living rooms instead of lobbies, curated events and a focus on good design — thank Airbnb for many of the changes sweeping through the global hospitality industry.
Let's talk about the popular InterContinental Hotels Group PLC (LON:IHG). The company's shares received a lot of attention from a substantial price movement on the LSE over the last few Read More...
The strike began more than two months ago after failed negotiations between the world's largest hotel operator and its San Francisco employees.
The world's first and largest global hotel loyalty program teams up with NE-YO to thank members and gift them with points to jumpstart travel in the new year ATLANTA , Dec. 3, 2018 /PRNewswire/ -- IHG ...
SINGAPORE, Nov. 30, 2018 /PRNewswire/ -- Leading luxury hotel brand InterContinental® Hotels & Resorts has partnered with London-based contemporary artist Alexander Hall, also known under the alias Haut de Gamme©, to create a stunning art installation, commemorating 200 InterContinental hotels and resorts around the world.
ATLANTA, Nov. 12, 2018 /PRNewswire/ -- Leading luxury hotel brand InterContinental® Hotels & Resorts has partnered with London-based contemporary artist Alexander Hall, also known under the alias Haut de Gamme©, to create a stunning art installation, commemorating 200 properties around the world. The art installation is made from 200 champagne bottles individually hand-painted by Alexander Hall in his bright and energetic drip-style.
A new limited service hotel is in the works near the future expansion land owned by Universal Orlando Resort. Plans filed with the state show a 92-room Holiday Inn Express is proposed on more than 1.5 acres of vacant land off Destination Parkway. NYSE: IHG) family and is being proposed by Destinations Express Holdings LLC. Executives with Destinations Express Holdings were not immediately available for comment.
Industry-leading effort will help hotels manage removal of materials during renovations and make a positive difference in local communities ATLANTA , Oct. 30, 2018 /PRNewswire/ -- IHG ® (InterContinental ...
Hyatt properties have received high marks from travelers who post reviews on the popular travel website.
Q&A with Laura Miller, Chief information officer of Intercontinental Hotels Group (NYSE: IHG). You’ve been named one of Atlanta Business Chronicle’s Women Who Mean Business 2018. How can other women leaders win similar accolades for their achievements? A large part of success is about making the right decisions, career-wise – but it’s also critically important to have a great support system of people around you.
Kimpton Rated Number One in the Upper Upscale Category for the Third Time and Staybridge Suites is Top of the Upper Extended Stay Category for Second Consecutive Year ATLANTA , Oct. 23, 2018 /PRNewswire/ ...
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.
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.
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.
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.
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.
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.
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.
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.
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.