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IHG / InterContinental Hotels revenue per room jumps boosted by growth in China

InterContinental Hotels Group PLC reported strong growth in revenue per average room boosted by strong growth in China after travel restrictions were removed. In a first quarter trading update, the FTSE 100-listed firm said first quarter revenue per average room (RevPar) climbed 33% year-on-year with Americas up 18%, EMEAA up 64% and Greater China up 75%. Read More

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IHG

Posted: May 5 2023, 02:43

Author Name: Proactive Investors

IHG News

By CNBC International TV
October 24, 2023

We're not moving our Middle East headquarters, says Intercontinental Hotels Group CEO

IHG CEO Elie Maalouf disputes reports that the company is moving its regional headquarters to Saudi Arabia, telling CNBC's Monica Pitrelli the company

By Market Watch
October 20, 2023

IHG forecasts ‘very strong' 2023 as shares in hotelier fall on ‘financing challenges' warning

InterContinental Hotels Group (IHG) on Friday said it expects to post a “very strong financial performance” following 2023's close, after the hosp

By Proactive Investors
October 2, 2023

Intercontinental Hotels to report strong growth, predicts brorker

Intercontinental Hotels (IHG) releases its third quarter update in just over two weeks (20 October) and US bank Jefferies expects no sign of a consume

By Zacks Investment Research
September 28, 2023

InterContinental Hotels (IHG) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

After losing some value lately, a hammer chart pattern has been formed for InterContinental Hotels (IHG), indicating that the stock has found support.

By Zacks Investment Research
September 19, 2023

InterContinental Hotels (IHG) Is Up 1.68% in One Week: What You Should Know

Does InterContinental Hotels (IHG) have what it takes to be a top stock pick for momentum investors? Let's find out.

By Proactive Investors
August 8, 2023

InterContinental Hotels revenue jumps on buoyant travel demand

InterContinental Hotels Group PLC reported strong growth in revenue and profit as the rebound in travel post-pandemic continued. The Holiday Inn owne

By Zacks Investment Research
August 7, 2023

Stay to Play: Hotel Giants Breaking Out to 52-Week Highs

These hotel operators are witnessing substantial increases in their respective earnings estimates.

By Proactive Investors
May 5, 2023

InterContinental Hotels revenue per room jumps boosted by growth in China

InterContinental Hotels Group PLC reported strong growth in revenue per average room boosted by strong growth in China after travel restrictions were

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