Intercontinental Hotels Share Discussion Threads

[connorcampbell] 18/2/2019 13:20

Will investors be willing to stay in InterContinental Hotels after Tuesday’s full year results?

In terms of Tuesday’s results, the fourth quarter performance of those regions – namely the US, Middle East and Australia – that struggled in Q3 are going to be under scrutiny. Given it is firmly ‘early 2019’, further word on InterContinental’s $500 million special dividend is expected, while investors will be after more details on the recently announced $300 million acquisition of luxury hotel brand Six Senses.

Read what Spreadex analysts have to say here:

[connorcampbell] 18/2/2019 13:19

Will investors be willing to stay in InterContinental Hotels after Tuesday’s full year results?

In terms of Tuesday’s results, the fourth quarter performance of those regions – namely the US, Middle East and Australia – that struggled in Q3 are going to be under scrutiny. Given it is firmly ‘early 2019’, further word on InterContinentalR17;s $500 million special dividend is expected, while investors will be after more details on the recently announced $300 million acquisition of luxury hotel brand Six Senses.

Read what Spreadex analysts have to say here: hxxps://spreadex.com/?tid=387127

[broadwood] 20/2/2018 09:46

Market disappointed there will be no cap return but otherwise strong set of results.


StockMarketWire.com - InterContinental Hotels Group reported underlying operating profit grew 7% to $759m in 2017 driven by stronger RevPar growth.

Revenue per available room (RevPar), a key industry measure, grew 2.7% for the year, while RevPar grew 4% in the three months through the end of year.

The company said no additional capital return will be paid in calendar year 2018 as it targets approximately $125m in annual savings, including system fund, by 2020 for reinvestment to drive growth.

Net debt rose to $1.9bn in 2017 from $1.5bn reported in the prior year.

The blue-chip hotel operator declared 10.9% increase in the final dividend to 71 cents, taking the total dividend for the year up 10.6%.

Overall revenue rose 4% to $1.8bn from $1.7bn reported a year earlier.

Keith Barr, Chief Executive of IHG, said: 'We delivered a strong performance in 2017, with RevPAR growth of 2.7% and net system size growth of 4.0%. This has driven an 8% increase in underlying operating profit and a 22% increase in underlying EPS, and underpins our decision to raise the total dividend by 11% for the year.'

'In recent years, we have built a powerful and effective enterprise which has supported our transition to being fully asset light, and driven strong performance across our 5,300 hotels. Today we are announcing a series of new initiatives that build on our well-established strategy and will drive an acceleration in our growth rate.'

'In recent years, we have built a powerful and effective enterprise which has supported our transition to being fully asset light, and driven strong performance across our 5,300 hotels. Today we are announcing a series of new initiatives that build on our well-established strategy and will drive an acceleration in our growth rate.'

[broadwood] 20/10/2017 07:59

m - InterContinental Hotels Group has reported a good third quarter performance with revenue per available room up by 2.3% and net rooms growth of 4.1% - its strongest since 2010.

The group also signed hotels into its pipeline at the fastest third quarter rate since 2008, and said it made an excellent start with its plans to accelerate the growth of its brands around the world.

Chief executive Keith Barr said: 'Our new US midscale brand, avid hotels, is generating strong traction with our owner community.

'With over 150 written expressions of interest and more than 50 applications in the first four weeks of franchise sales, demand from owners has exceeded our original expectations.

'The international expansion of our newest brands is gathering pace. This week we continued the global roll out of Kimpton Hotels & Restaurants, with a landmark signing in Bali and two signings in key Chinese urban and resort locations, Shanghai and Sanya Bay.

'We have several further deals in progress which will secure our presence for the brand in ten major markets around the world.

'We have also expanded the global footprint of EVEN Hotels, with signings in Shanghai, Sanya Bay and Auckland, New Zealand.

'"Franchise Plus", our franchising solution for Holiday Inn Express in China, is gaining momentum with 6 hotels now open and a further 58 in the pipeline, including 19 signings in the quarter.

'We expect a further ramp up in activity over the next 12 months.

'Looking ahead, despite macro-economic and geopolitical uncertainties around the world, we remain confident in the outlook for the remainder of the year.'

[broadwood] 08/8/2017 07:07

---------------------------------------------------------------------
"We have had a good first half. RevPAR growth of 2.1%
and net system size growth of 3.7% delivered a 7% increase
in underlying operating profit and a 27% increase in
underlying EPS, underpinning the Board's decision to
increase the interim dividend by 10%.

[psync] 01/6/2017 13:35

This has been a cracking money spinner of late, not just for capital gain but for the enormous dividends too. I took some more profits this morning but already wondering if I shouldn't have held on a little longer. How long can this run continue?

[broadwood] 05/5/2017 07:36

- InterContinental Hotels chief executive Richard Solomons will step down from the role at the end of June and retire on 30 August.

He will be succeeded by Keith Barr, a member of IHG's executive committee who has spent nearly 17 years with IHG, most recently as chief commercial officer.

The change was announced as the group reported a good start to the year with with 3.4% net system size growth year-on-year and 2.7% RevPAR growth.

But it said the strengthening of the US dollar against many major currencies globally reduced group RevPAR to 1.2% in the quarter, when reported at actual exchange rates.

Solomons said: "We have made a good start to 2017, with 3.4% net system size growth year-on-year and 2.7% RevPAR growth driven by increases in both rate and occupancy, and benefiting from the later timing of Easter.

"We continued our focus on building and leveraging scale in our priority markets, opening 49 hotels in the quarter, including our 300th for Greater China, and signing hotels into our pipeline at the fastest rate for the first quarter since 2008. We also strengthened our boutique portfolio with the opening of a Hotel Indigo property in downtown Los Angeles.

"Despite the uncertain economic and political environment in some markets, we remain confident in the outlook for 2017 and our ability to deliver sustainable growth into the future."

[togglebrush] 05/5/2017 07:10

RNS First Quarter Trading Update

Highlights
-----------------------------------------------------------
'
* Global Q1 comparable RevPAR(1) up 2.7%
'
* Enhanced global scale: 7k rooms opened, increasing net system size 3.4% YoY to 767k rooms
'
* Building future growth: 14k rooms (112 hotels) signed; pipeline of 232k rooms

[broadwood] 21/2/2017 09:11

InterContinental Hotels Group PLC on Tuesday declared a USD400.0 million special dividend thanks to a strong underlying performance in 2016...

[broadwood] 21/2/2017 08:04

Bright start.

[broadwood] 21/2/2017 07:56

InterContinental Hotels Group posts underlying operating profits of $702m for the year to the end of December - 9.5% up on last time.

Underlying revenues rose by 4.6% to $1,582m and earnings per share increased by 23.1% to 203.1 cents.

Chief executive Richard Solomons said: "Our results clearly demonstrate our strong operational performance and the success of IHG's long-term strategy, which have delivered a 9.5% increase in underlying profit and a 23% increase in underlying EPS.

"Our cash generative business model underpins our decision to announce a $400 million special dividend and to propose an 11% increase in the total dividend for the year.

"We continued our focus on enhancing the long-term sustainability of our competitive advantage by evolving our brand portfolio and by driving innovation in our digital and loyalty offer.

"We rolled out new formats across our Holiday Inn Brand Family which deliver significant uplifts in guest satisfaction and improved returns for owners, built momentum for our HUALUXE and EVEN Hotels brands, and took Kimpton Hotels & Restaurants and Hotel Indigo into new markets.

"We also strengthened our loyalty proposition through initiatives including 'Your Rate' helping to drive a 16% increase in member enrolments."

[broadwood] 21/2/2017 07:10

"Our results clearly demonstrate our strong operational
performance and the success of IHG's long-term strategy,
which have delivered a 9.5% increase in underlying profit
and a 23% increase in underlying EPS. Our cash generative
business model underpins our decision to announce a $400
million special dividend and to propose an 11% increase
in the total dividend for the year.
We continued our focus on enhancing the long-term sustainability
of our competitive advantage by evolving our brand portfolio
and by driving innovation in our digital and loyalty
offer. We rolled out new formats across our Holiday Inn
Brand Family which deliver significant uplifts in guest
satisfaction and improved returns for owners, built momentum
for our HUALUXE and EVEN Hotels brands, and took Kimpton
Hotels & Restaurants and Hotel Indigo into new markets.
We also strengthened our loyalty proposition through
initiatives including 'Your Rate' helping to drive a
16% increase in member enrolments.
The fundamentals for the hospitality industry remain
compelling. Despite the uncertain environment in some
markets, we remain confident in the outlook for the year
ahead, as well as our ability to deliver sustainable
growth into the future

[letsgetbizzay] 30/1/2017 10:39

Following on from this
hxxp://www.pymnts.com/news/security-and-risk/2016/intercontinental-hotels-hacked/

Multiple EU hotels have now confirmed to be in hacked status. This could could tear this stock to pieces. Up to 25,000 customers details stolen

[shanieboy01] 07/1/2017 04:39

Have we started to go backwards

[arja] 03/1/2017 08:56

sorry, no overhead resistance from chart viewpoint - but must be bid rumours as a poster above mentioned .

[shanieboy01] 03/1/2017 08:50

Whats that

[arja] 03/1/2017 08:42

just a NOR situation

[shanieboy01] 03/1/2017 08:21

Jeeeeze this is getting silly now.

[broadwood] 03/1/2017 07:01

Barclays Capital
InterContinental Hotels Group PLC
03/01/2017
Upgrades
Equal weight
Overweight
2
3,060.00
4,000.00
3,638.00

[shanieboy01] 30/12/2016 10:01

Thrre has to be a takeover or something happening in the background

[togglebrush] 29/12/2016 13:02

21st February Full Year to 31st Dec 2016

[big cat1] 15/12/2016 12:04

what is tipped? Deutsche increase from 2660 to 3100? share price is 3535 ???!!! could be time to move on me thinks.

[big cat1] 15/12/2016 11:28

are these really on PE of 23 and 2% yield?

[irenekent] 15/12/2016 10:08

Out performing as tipped but is there a bid on the way?

[philanderer] 25/10/2016 09:10

25th oct Credit Suisse outperform tp 3550p

Reiterates