IHG experiences 'very positive trading conditions' in Q1

6th May 2022 07:24

(Sharecast News) - Holiday Inn-owner InterContinental Hotels Group said on Friday that it had seen "very positive trading conditions" in the first quarter, with travel demand continuing to increase in almost all of its key markets.

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Deutsche Bank raises target price on IHG

24th Feb 2022 12:17

(Sharecast News) - Analysts at Deutsche Bank raised their target price on Holiday Inn owner InterContinental Hotels Group from 5,610.0p to 5,700.0p on Thursday following the firm's "robust" full-year results.

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IHG reinstates dividend as FY profit soars on travel rebound

22nd Feb 2022 07:12

(Sharecast News) - InterContinental Hotels Group reinstated its dividend as annual profits more than doubled on the back of a strong final quarter in the US and China driven by economic recovery after the Covid pandemic.

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InterContinental Hotels taps Deanna Oppenheimer for chair

18th Jan 2022 11:00

(Sharecast News) - Holiday Inn owner InterContinental Hotels Group revealed on Tuesday that non-executive chairman Patrick Cescau will retire from the board in August.

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Jefferies says 'buy' IHG in bullish hotels note

25th Nov 2021 11:24

(Sharecast News) - Jefferies urged investors to 'buy' InterContinental Hotels as the broker chose hotels as its top subsector in the leisure industry.

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IHG sees room revenue rebounding to pre-pandemic levels

22nd Oct 2021 07:44

(Sharecast News) - InterContinental Hotels Group reported a "significant" jump in third-quarter room revenue towards pre-Covid pandemic levels after a rebound in bookings during the summer as travel restrictions were eased.

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IHG kicks off hunt for new chairman - report

12th Oct 2021 11:22

(Sharecast News) - InterContinental Hotels Group has reportedly started the search for a successor to its veteran chairman Patrick Cescau.

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London open: Stocks rise as markets mull weak data, rate hike expectations

17th Sep 2021 09:40

(Sharecast News) - Stocks are holding onto early gains despite the release of data showing a fourth consecutive monthly drop in UK retail sales - their worst stretch since 1996 - which led some economists to question just how soon the Bank of England might be ready to raise interest rates.

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Berenberg upgrades IHG to 'buy'

17th Sep 2021 08:58

(Sharecast News) - Analysts at Berenberg upgraded Holiday Inn owner Intercontinental Hotels Group from 'hold' to 'buy' on Friday following a better-than-expected first-half performance.

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Thursday broker round-up

19th Aug 2021 14:45

(Sharecast News) - InterContinental Hotels Group: Peel Hunt upgrades from reduce to hold with 4,600.0p target price.

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Peel Hunt upgrades InterContinental Hotels to 'hold'

19th Aug 2021 10:44

(Sharecast News) - Analysts at Peel Hunt upgraded their rating on Holiday Inn owner InterContinental Hotels Group from 'reduce' to 'hold' on Thursday after upping their full-year forecasts for the company.

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InterContinental Hotels swings to H1 profit as trading recovers

10th Aug 2021 07:20

(Sharecast News) - InterContinental Hotels said on Tuesday that it swung to a profit in the first half as trading recovered after it took a hit from the pandemic.

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Tuesday preview: ZEW index, InterContinental Hotels Group in focus

9th Aug 2021 14:42

(Sharecast News) - It will be a relatively light day on the economic side of things on Tuesday.

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Tuesday broker round-up

20th Jul 2021 09:37

(Sharecast News) - Central Asian Metals: Canaccord Genuity initiates coverage at 'buy' with 280.0p target price.

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Deutsche upgrades InterContinental Hotels, says it's 'a relative safe haven'

15th Jul 2021 08:16

(Sharecast News) - Deutsche Bank upgraded its recommendation on InterContinental Hotels on Thursday to 'buy' from 'hold' and hiked the price target to 5,600p from 5,175p as it said the stock was "a relative safe haven" in the sector.

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