Intercontinental Hotels Share Discussion Threads

[lingy] 07/3/2020 11:23

Not sure how much this will affect this group,but there was someone on LBC radio yesterday saying that a really popular London hotel which is nearly always full is virtually empty.

[frazboy] 06/3/2020 07:55

Looks like about 70% of their business is in the Americas, and the Americans have belatedly realised this is going to affect them too. They appear to operate, but not own, the assets, So presumably they benefit/suffer from operational gearing? And they have a fair chunk of debt. Hasn’t tumbled too far yet so could be a useful short to protect against portfolio downside. Marshall Wace have been building a short position over the last week or so. I think I might join them!

[brewery boy] 03/3/2020 01:52

Buying opportunity

[philanderer] 26/2/2020 17:32

Star fund manager Terry Smith is 'pretty relaxed' over the impact of the coronavirus on Fundsmith Equity and confident his £19.3bn fund will rebound more quickly than the stock market in a crash.

Speaking at the annual general meeting for investors in his top-performing fund, the UK's largest, Citywire AAA-rated Smith acknowledged the impact the virus would have on the revenues generated in China by companies in the fund.

He added that the fund's holdings in companies involved in the travel industry, like airline reservation system operator Amadeus (AMA.MC), down 11% over the last week, and Intercontinental Hotels (IHG), 12% lower, would be hit 'quite substantially, at least in the near-term'.

[philanderer] 26/2/2020 13:07

InterContinental Hotels:

JP Morgan reiterates underweight with a target price of 4,600p.

[my retirement fund] 25/2/2020 08:07

1000 quarantined in a Spanish hotel after infested Italian discovered !

[philanderer] 21/2/2020 10:10

GOLDMAN RAISES INTERCONTINENTAL HOTELS TARGET TO 5600 (5550) PENCE - 'NEUTRAL'

[philanderer] 20/2/2020 10:17

SOCGEN CUTS INTERCONTINENTAL HOTELS PRICE TARGET TO 5300 (5500) PENCE - 'HOLD'

[philanderer] 19/2/2020 13:52

19th feb Deutsche hold tp 4860p
19th feb UBS sell tp 4400p

reiterations

[philanderer] 18/2/2020 13:24

IC TIP UPDATES:

InterContinental Hotels Group (IHG) posted full-year results in line with expectations, with total revenue up 6.7 per cent to $4,627m from $4,337m. The company’s Greater China business was bitten by unrest in Hong Kong and the coronavirus, with revenue down 5.6 per cent in the region.

But the group secured 98,000 signings for rooms in 2019, with its total pipeline now standing at 283,000. Buy.

[philanderer] 18/2/2020 11:56

VIDEO..

IHG’s CEO on Full-Year Earnings, Coronavirus, China Strategy

[philanderer] 18/2/2020 09:40

InterContinental Hotels lost ground as its full-year results were in line with consensus expectations but revenue per available room remained weak

advfn

[philanderer] 17/2/2020 19:05

Coronavirus LIVE: Heathrow Holiday Inn shut for WEEKS as hotel made huge isolation centre


A HOLIDAY INN at Heathrow Airport is set to become a coronavirus quarantine centre in a bid to control the spread of the killer bug in the UK.

The Government has block-booked the Holiday Inn Heathrow Ariel to house anyone arriving in the UK who risks spreading the deadly virus but has nowhere else to go to self-isolate. People will also be able to stay at the hotel while their coronavirus tests are carried out and the results are processed.

[philanderer] 14/2/2020 10:03

Prelims next tuesday.

[philanderer] 12/2/2020 23:48

IHG Boutique Brand Hotel Indigo Launches ‘Clues To The Neighbourhood’

[philanderer] 03/2/2020 18:07

IHG Signs With Valor Hospitality Partners to Develop voco The Bank, Rosebank in South Africa

[philanderer] 31/1/2020 20:52

IHG Debuts Upscale Brand Voco In Africa With Valor Hospitality Partners Africa

[philanderer] 29/1/2020 13:55

29th jan HSBC 'hold' tp 5000p cut from 5100p

[philanderer] 29/1/2020 00:10

ADVFN Market report:

In equity markets, InterContinental Hotels was on the front foot, rising 1.51% to recover from heavy losses a day earlier on worries about the impact of the coronavirus.

Citi said in a research note on European hotels that IHG has the greatest exposure to China, with French hotel chain Accor less exposed.

"We highlight IHG’s 14% drop in managed and franchised Asia-Pacific revenues post SARS in 2003.

“Any impact on trading may be amplified given the timing of Chinese New Year, and already weak Hong Kong trading," it said.

[philanderer] 24/1/2020 17:58

IHG plans mid-scale hotels in small cities to counter slowdown

[philanderer] 23/1/2020 11:39

INTERCONTINENTAL HOTELS GROUP SAYS WILL ALLOW CUSTOMERS TO CHANGE OR CANCEL STAYS ACROSS MAINLAND CHINA, HONG KONG, TAIWAN AND MACAU AT NO COST

[philanderer] 22/1/2020 00:14

Hotels at lows on reports of first U.S. coronavirus case