IHG interim profits rise 62% as travel rebounds from pandemic

8th Aug 2023 07:02

(Sharecast News) - Hotels operator IHG on Tuesday reported a sharp jump in half-year profit as the travel sector continued to rebound from the Covid pandemic.

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IHG appoints Greater China boss Bulley as Americas CEO

17th May 2023 14:07

(Sharecast News) - InterContinental Hotels said on Wednesday that Jolyon Bulley will succeed Elie Maalouf as chief executive officer of the Americas.

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Director dealings: AstraZeneca CFO makes $1.5m sale, IHG chair buys in

9th May 2023 14:28

(Sharecast News) - At the top of the list of FTSE 350 director sells on Tuesday was AstraZeneca, whose chief financial officer sold almost $1.5m worth of the company's American depositary shares.

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InterContinental sees 'good start' to year, chief executive steps down

5th May 2023 07:01

(Sharecast News) - InterContinental Hotels Group's chief executive is to step down after more than 30 years with the company, it was announced on Friday.

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IHG in $750m share buyback as FY profits rebound from Covid

21st Feb 2023 07:38

(Sharecast News) - Global hotel chain operator IHG on Tuesday posted a rise in annual profits aided by higher room prices and announced a $750m share buyback as travel continued to rebound from the Covid pandemic.

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Peel Hunt upgrades InterContinental Hotels to 'buy'

9th Dec 2022 08:30

(Sharecast News) - Peel Hunt upgraded InterContinental Hotels on Friday to 'buy' from 'hold' and lifted the price target to 5,750p from 4,600p.

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InterContinental Hotels signs strategic alliance with Spain's Iberostar

21st Nov 2022 09:51

(Sharecast News) - InterContinental Hotels said on Monday that it has signed a long-term strategic alliance with Spain's Iberostar for resort and all-inclusive hotels in the Caribbean, Americas, Southern Europe and North Africa.

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IHG revenues surge as travel rebounds from pandemic

21st Oct 2022 07:24

(Sharecast News) - Hotels chain IHG reported a rise in third-quarter hotel room revenue driven by strong demand as business and leisure travel recovered from the Covid pandemic.

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IHG revenues surge as travel rebounds from pandemic

21st Oct 2022 07:24

(Sharecast News) - Hotels chain IHG reported a rise in third-quarter hotel room revenue driven by strong demand as business and leisure travel recovered from the Covid pandemic.

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Friday preview: UK leadership contest, IHG in focus

20th Oct 2022 12:20

(Sharecast News) - Investors' focus at the end of the week will be on the latest headlines around the upcoming leadership contest in the UK with a result expected by 28 October, if not perhaps even sooner.

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InterContinental Hotels says no guest data accessed in cyber attack

29th Sep 2022 07:10

(Sharecast News) - InterContinental Hotels said on Thursday that no guest data was accessed in the cyber attack announced earlier this month, and that following a period of disruption, its booking websites, mobile apps, and most of the other booking channels and revenue-generating systems have been reactivated.

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InterContinental Hotels hit by cyber attack

6th Sep 2022 15:51

(Sharecast News) - InterContinental Hotels said on Tuesday that it has been hit by a cyber attack.

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JPM downgrades IHG to 'neutral', reiterates 'overweight' on Whitbread

26th Aug 2022 10:09

(Sharecast News) - JPMorgan Cazenove downgraded InterContinental Hotels Group on Friday but reiterated its 'overweight' rating on Premier Inn owner Whitbread as it took a look at EU hotels.

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IHG profits double as travel rebounds from Covid curbs

9th Aug 2022 07:04

(Sharecast News) - InterContinental Hotels Group doubled interim profits, reinstated dividends and announced a $500m share buyback as travel demand increased after Covid restrictions eased.

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Tuesday preview: US Q2 unit labour costs, IHG in focus

8th Aug 2022 14:15

(Sharecast News) - The market spotlight on Tuesday will be on quarterly labour productivity and unit labour cost data in the US covering the three months to June.

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