|Intercontinental Hotels Group
||ORD 18 318/329P
||EPS - Basic
||Market Cap (m)
|Travel & Leisure
Intercontinental Hotels Share Discussion Threads
Showing 301 to 325 of 325 messages
|Have we started to go backwards|
|sorry, no overhead resistance from chart viewpoint - but must be bid rumours as a poster above mentioned .|
|just a NOR situation|
|Jeeeeze this is getting silly now.|
InterContinental Hotels Group PLC
|Thrre has to be a takeover or something happening in the background|
|21st February Full Year to 31st Dec 2016|
|what is tipped? Deutsche increase from 2660 to 3100? share price is 3535 ???!!! could be time to move on me thinks.|
|are these really on PE of 23 and 2% yield?|
|Out performing as tipped but is there a bid on the way?|
|25th oct Credit Suisse outperform tp 3550p
|- InterContinental Hotels Group reports a solid performance in the third quarter, leveraging its global scale to drive 3.8% net system growth and 1.3% RevPAR growth.
- Global Q3 comparable RevPAR1 up 1.3%, and up 1.8% Q3 YTD
- Enhanced global scale: 7k rooms opened in Q3, increasing net system size 3.8% YoY to 754k rooms
- Building future growth: 19k rooms signed; highest for Q3 since 2008, taking pipeline to 230k rooms
Chief executive Richard Solomons said: "We delivered a solid performance in the third quarter, leveraging our global scale to drive 3.8% net system growth and 1.3% RevPAR growth.
"We remain focused on executing our commercial strategy to drive competitive advantage. This includes broadening the footprint of our global portfolio of brands, across which we drove our highest signings for eight years, including our best ever third quarter performance for Greater China.
"Enhancements to IHG Rewards Club, including the roll-out of our preferential member pricing initiative, 'Your Rate', continue to drive excellent results. This, together with our initiatives to utilise digital innovation to enhance all stages of the guest journey, means we will continue to generate more customised and informed interactions with our guests and deliver improved returns for owners.
"Looking ahead, while industry RevPAR growth has slowed, the fundamentals for the sector, and particularly for IHG, remain compelling. This, combined with our winning strategy and the strength of our cash generative business model, will enable us to drive sustainable growth into the future. Despite the uncertain environment in some markets, we remain confident in the outlook for the remainder of the year."|
|Morgan Stanley downgrade probably to blame. It forsees downturn in global hotel biz cycle, and has a target price of 3100p or disaster case 2000p! Are they trying to precipitate the downturn?|
|It appears (???) that the US hotels giant Marriott International Friday announcement, that it had completed its takeover of Starwood Hotels & Resorts, has been the cause of this morning share price dip. This creates the world’s largest hotel company.|
|Shouldn't they make a statement? Even if only to deny rumours. The share price is soaring!|
|I interesting that this is not falling. Pretty obvious the sniffing is continuing|
|Dont think this was a real take over. Having said that its nice that someone is sniffing around|
|Hi TB. The share price graph looking a bit extended now. But I'm not complaining. This is a great share. Perhaps there is another possible buyer? Or maybe people are just factoring in weak Sterling, signs of emerging market revival, and continued growth of IHG..... Great fun.|
|Re BigBertie ... Press don't always get their facts right ... articles published on dates of posting on this BB|
|When was this rumour? It is a couple of months since the end of week market cap of IHG has been as little as £6.3bn.|
|Rumour poured cold water on
Anbang Insurance Group is not considering an offer for InterContinental Hotels (NYSE:IHG), a representative for the Chinese company said, rejecting a Sunday Times report that a takeover was in the works|
|Extracts from the Daily Mail on Take Over rumour
Talks are said to be in the early stages, according to the Sunday Times, after bankers were sent to China to discuss the deal with Anbang. But the insurance firm has not yet made any formal approach to IntercontinentalR30;.
Based on last week’s closing price, Intercontinental has a market capitalisation of £6.3billion and it is thought any potential deal would value the business at £7billion.|
|Half Year Report
9.1% increase in interim dividend to 30.0c.
Record date:___2 September
Payment date:__7 October 2016
Dividend payment: ADRs: 30.0 cents per ADR;
Ordinary shares: 22.6 pence per share|
|I sencethis share will be a safehaven|