Intercontinental Hotels Share Discussion Threads

[hectorp] 26/1/2009 09:35

Gone short, 520p, target 450-60p next week or so.
trading play only
H

[wipo1] 15/1/2009 20:11

Hectorp, anything possible in these markets - I would buy around 470-480p, I booked a nice holiday inn there for 26 quid on a friday night, things must be quiet!

[hectorp] 14/1/2009 12:51

My take is the company share price will again test the support line around 450p.

[solomon9] 30/12/2008 01:50

IHG has turned the corner. Weak sterling should help UK bookings and overseas earnings over 2009.

Yes REVPAR is down, but hit in STG much lower.

Hotel sector pretty undervalued at the moment, lower rates will help.

[hectorp] 22/12/2008 12:42

And today..

[hectorp] 28/11/2008 11:42

Time to top up shorts. (again)

[hectorp] 25/11/2008 08:52

Not going to hold here. Next target should be around 435p. ( short)

[hectorp] 12/11/2008 22:28

This looks like it could, be a double bottom. Sadly, not tommorow.

[hectorp] 11/11/2008 08:43

Marked down 24p. Not surprised I'm afraid.

[togglebrush] 11/11/2008 07:42

Third Quarter results out. ADVFN are slow on picking it up

Headlines
• Global RevPAR growth of 1.6% at constant currency.
• 10,081 net rooms added in the quarter. System size of 608,225 rooms (4,108 hotels), up 7% on third quarter 2007.
• 25,546 rooms signed (164 hotels), taking the pipeline to 243,509 rooms (1,773 hotels), 40% of the existing system size.
• Total gross revenue* from all hotels in IHG's system of $5.1bn, up 8% at constant currency.
• Operating profit including discontinued operations of $153m up 8% at constant currency.
• Continuing revenue up 7% from $453m to $486m. Continuing operating profit up 14% from $132m to $150m. Revenue and operating profit include $11m benefit from two significant liquidated damages receipts.
• Excluding significant liquidated damages receipts, continuing revenue up 5% (4% at constant currency) and continuing operating profit up 5% (2% at constant currency).
• Adjusted continuing earnings per share ("EPS") up 29% to 34.6¢. Adjusted total EPS of 35.3¢. Basic total EPS of 32.2¢.

Comment by , Andrew Cosslett, Chief Executive of InterContinental

"In the quarter we delivered RevPAR growth ahead of the industry. We also opened over 19,000 rooms, a new record for the business, and saw our net system size grow by 10,000 rooms.
"We expect the rate of new room openings to remain strong, reflecting the size and quality of our development pipeline which stands at nearly a quarter of a million rooms (1,773 hotels). Around 90,000 new rooms (540 hotels) are under construction, and over half of these are currently expected to open in 2009. A small number of hotels are experiencing construction delays but, at this stage, we are not seeing any material increase in the level of losses from the pipeline. We signed deals for over 160 hotels in the quarter (25,546 rooms), but the current financial conditions are now impacting the availability of debt finance and new signings are taking longer to finalise.
"In October we have seen a sharp deterioration in market conditions with preliminary data for the month showing a global RevPAR decline of 4.5% with a decline of 5.7% in the US. Throughout 2008 we have been controlling costs and capital spending tightly and we are taking the necessary steps to manage both to be below this year's levels in 2009. Given the power of our brands, the size and resilience of our pipeline and our leading reservations systems, we are positioned well to continue to outperform the industry."

[i maximus] 08/11/2008 19:24

its a good contrarian indicator. look at their picks on the banks

[hectorp] 08/11/2008 18:58

INv Chron says 'sell' a euphamism for go short.
I'd think so.

[wipo1] 18/8/2008 10:43

Results not bad,no great either, but I have noticed hotels are still very busy, seem busier and more expensive than last year despite the consumer slowdown but not sure if it will last.

I am in two minds but think this could be a long in the hope that IHG move their base out of the UK - that kind of news is what the markets is wanting!

[togglebrush] 12/8/2008 13:59

Half Year results are OUT. See RNS

[the white house] 08/8/2008 15:43

increasing wealth....will that do?

oil massively down + dollar massively up = more travel = more hotel stays esp USA = higher profits(now in dollars)

[tav22] 03/8/2008 19:06

share price still falling.Any perks for owning this stock?

[ishwar] 26/9/2007 15:47

any comments on the shareprice continuing downward movement anyone, thanks in adv

[i maximus] 10/9/2007 17:59

who would lend them the money and at what rate

[martylangan] 10/9/2007 13:40

Has there been any more talk recently of a potential takeover? Would the current crisis in the credit markets affect any bid at the moment if Ellerman were to make an offer?

[wipo1] 17/8/2007 10:46

yes hard to call the bottom in these markets, I will look to buy once market settles a bit, whenever that will be.

[irenekent] 17/8/2007 10:40

I would buy if they fall to nine quid.

[wipo1] 15/8/2007 14:19

IHG a very well run company, P/E does look a little high, I would buy if they fall to a tenner.

[sajad37] 11/8/2007 13:05

should i buy monday morning??

[bigbobjoylove] 12/6/2007 15:31

sold into bounce for smallish profit, deserves a pullback to low 1200s too pricey here.