Intercontinental Hotels Share Discussion Threads

[philanderer] 15/2/2021 00:47

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[philanderer] 12/2/2021 11:11

BERENBERG RAISES INTERCONTINENTAL HOTELS TARGET TO 4,500 (4,000) PENCE - 'HOLD'

[philanderer] 10/2/2021 13:59

Too soon to book holiday in UK or abroad, says Grant Shapps

[philanderer] 09/2/2021 15:29

Marriott Bets on Resorts as Industry Eyes Vacation Demand

[philanderer] 08/2/2021 00:13

InterContinental Hotels Group rebrands as IHG Hotels & Resorts

[philanderer] 05/2/2021 14:17

Covid-19: No contracts awarded yet for hotel quarantine plan

[philanderer] 05/2/2021 00:31

COVID-19: Mandatory hotel quarantine will come into effect on 15 February

[philanderer] 04/2/2021 13:19

COVID-19: Hotels 'kept in the dark' over quarantine plan as further details pushed back to next week

[philanderer] 02/2/2021 12:37

Alliance News..

As far as Whitbread and IHG are concerned, CMC Markets analyst Michael Hewson put the solid performance down to growing optimism "that the UK's vaccination program will bring about an earlier easing of restrictions, which these particular brands will be able to take advantage of in the form of stay-at-home holidays".

[philanderer] 28/1/2021 14:12

IHG signs MDA with Ishraq Hospitality to open 8 new Holiday Inn Express hotels across MEA

[philanderer] 26/1/2021 11:44

EXANE CUTS INTERCONTINENTAL HOTELS TO 'UNDERPERFORM' ('NEUTRAL') - PRICE TARGET 4,175 (4,085) PENCE

[philanderer] 26/1/2021 00:14

Hotel quarantine plans 'will stop Brits holidaying abroad for a year', experts fear

[philanderer] 08/1/2021 12:22

UBS CUTS INTERCONTINENTAL HOTELS PRICE TARGET TO 4,200 (4,300) PENCE - 'SELL'

[philanderer] 17/12/2020 11:05

InterContinental Hotels: The Future Is In Sight

[philanderer] 16/12/2020 15:03

Intercontinental Hotels : Mexico's second avid™ hotel now under construction in Guadalajara

[philanderer] 11/12/2020 13:52

InterContinental Hotels Group secures relaxed terms with lenders as pandemic disruption continues

[philanderer] 08/12/2020 11:26

In equity markets, InterContinental Hotels was weaker after a downgrade to ‘underperform’ at Jefferies.

[philanderer] 01/12/2020 11:26

IHG opens dual-branded property in Warsaw

[philanderer] 24/11/2020 10:46

InterContinental Hotels launches huge sale

[philanderer] 24/11/2020 10:37

IHG shows resilience but little upside, says Berenberg


InterContinental Hotel Group’s (IHG) ‘asset-light’ strategy has stood it in good stead through the Covid-19 pandemic but Berenberg sees little upside.

Analyst Stuart Gordan retained his ‘hold’ recommendation and target price of £40 on the shares, which were trading at £45.28 yesterday at the time of writing.

‘Through the Covid-19 pandemic, the benefits of IHG’s asset-light strategy have shone through,’ he said.

‘Despite the devastating impact on revenue per available room, IHG’s ability to quickly react in terms of the cost base and also its lack of exposure to owned and leased properties have meant that cash burn has been negligible.’

However, Gordon pointed to the shares’ rating, on a price-earnings ratio of 23.5 times 2022 consensus estimates.

‘We therefore see little upside from here and remain at “hold”, with an unchanged target price,’ he said.

[philanderer] 18/11/2020 09:33

Crowne Plaza debut - Budapest

[philanderer] 14/11/2020 00:27

BofA Merrill Lynch double-upgrades Whitbread, downgrades IHG

Merrill downgraded IHG to ‘neutral’ from ‘buy’ but lifted the price target
to 4,850p from 4,750p. "IHG benefits from a high quality business model
and has navigated well through the
outbreak but we now see moderate upside potential," it said.

[philanderer] 11/11/2020 12:01

CITIGROUP RAISES INTERCONTINENTAL HOTELS TARGET TO 3,940 (3,100) PENCE - 'SELL'

UBS CUTS INTERCONTINENTAL HOTELS TO 'SELL' ('NEUTRAL') - TARGET 4,300 (3,820) PENCE

[philanderer] 11/11/2020 11:59

InterContinental Hotels Group, down 4.5%. UBS downgraded IHG to Sell from Neutral saying a decline in corporate travel will continue into 2021 and damage the hotel operator's prospects.

[philanderer] 10/11/2020 11:57

INTERCONTINENTAL HOTELS GROUP has announced Miami as the location of its first property in its upper-midscale Atwell Suites brand launched last year. Baywood Hotels, led by Al Patel as president and CEO, helped design the brand and plans to open its own Atwell Suites in Dallas in the near future.