IHG Stock Recent News

InterContinental Hotels Group is enhancing its competitive advantage by expanding its rewards program, increasing direct bookings through its app, and growing its portfolio of luxury and lifestyle brands. Despite economic challenges, IHG reported strong financial results in the first half of 2024, with growth in revenue per available room (RevPAR), system size, and hotel pipeline. Shares of InterContinental Hotels appear reasonably valued, but investors should keep in mind the high risk of recession in the U.S., and the current economic weakness in China.

Purchase of own shares LONDON, UK / ACCESSWIRE / August 14, 2024 / The Company announces that on 13 August 2024 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 3 May 2024 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 20 February 2024, as announced on 20 February 2024.

LONDON, UK / ACCESSWIRE / August 13, 2024 / InterContinental Hotels Group PLC (the Company) The Company announces that on 12 August 2024 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 3 May 2024 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 20 February 2024, as announced on 20 February 2024.

InterContinental Hotels Group PLC (the Company) Purchase of own shares LONDON, UNITED KINGDOM / ACCESSWIRE / August 12, 2024 / The Company announces that on 09 August 2024 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 3 May 2024 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 20 February 2024, as announced on 20 February 2024.

LONDON, UNITED KINGDOM / ACCESSWIRE / August 9, 2024 / The Company announces that on 08 August 2024 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 3 May 2024 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 20 February 2024, as announced on 20 February 2024.

LONDON, UNITED KINGDOM / ACCESSWIRE / August 8, 2024 / The Company announces that on 07 August 2024 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 3 May 2024 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 20 February 2024, as announced on 20 February 2024.

InterContinental Hotels Group PLC (NYSE:IHG ) Q2 2024 Results Conference Call August 6, 2024 4:30 AM ET Company Participants Stuart Ford - Head, IR Elie Maalouf - Group CEO Michael Glover - CFO Heather Balsley - Chief Commercial & Marketing Officer Conference Call Participants Vicki Stern - Barclays Jamie Rollo - Morgan Stanley Richard Clarke - Bernstein Jaina Mistry - Jefferies Estelle Weingrod - JPMorgan Muneeba Kayani - Bank of America Jarrod Castle - UBS Jaafar Mestari - BNP Paribas Alex Brignall - Redburn Lantech Andre Juillard - Deutsche Bank Operator We now begin the Q&A session. [Operator Instructions] Question-and-Answer Session Operator [Operator Instructions] Our first question for today comes from Vicki Stern of Barclays.

InterContinental Hotels Group plc (NYSE:IHG ) Q2 2024 Earnings Call Pre-Recorded Presentation August 6, 2024 3:45 AM ET Company Participants Stuart Ford - IR Elie Maalouf - CEO Michael Glover - CFO Heather Balsley - CCO Stuart Ford Hello, and welcome to IHG's 2024 Half Year Results Presentation. I'm Stuart Ford, Senior Vice President and Head of Investor Relations at IHG Hotels & Resorts.

Purchase of own shares LONDON, UK / ACCESSWIRE / August 7, 2024 / The Company announces that on 06 August 2024 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 3 May 2024 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 20 February 2024, as announced on 20 February 2024.

InterContinental Hotels Group PLC reported an acceleration in revenue growth in the past quarter as improvement in North America helped offset worsening declines in China. The owner of the Holiday Inn, Crown Plaza and Kimpton hotel chains grew revenue per available room (revPAR) 3.0% in the first half of 2024, with 3.2% growth in the second quarter improving from a 2.6% reduction in the first.