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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Intercontinental Hotels Group Plc | LSE:IHG | London | Ordinary Share | GB00BHJYC057 | ORD 20 340/399P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-8.00 | -0.10% | 7,988.00 | 8,012.00 | 8,018.00 | 8,022.00 | 7,856.00 | 7,878.00 | 271,964 | 16:35:09 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Hotels And Motels | 4.62B | 750M | 4.6499 | 17.23 | 12.9B |
Expansion, expertise and enterprise investment propel momentum in the Americas across six renowned brands
ATLANTA, Jan. 18, 2024 /PRNewswire/ -- IHG Hotels & Resorts (IHG), one of the world's leading hotel companies with 19 brands and boosted by its award-winning IHG One Rewards loyalty program, today underlines its growth in the Luxury & Lifestyle segment. Currently, IHG boasts one of the largest Luxury & Lifestyle portfolios in the world, consisting of six acclaimed brands that represent 22 percent of its global pipeline* – nearly double its stake from just five years ago. IHG has driven its ambition forward through a combination of strategic expansion, dedicated Luxury & Lifestyle expertise and significant investments in its wider enterprise platform to fuel brand awareness, consideration and loyalty.
Globally, IHG has transformed its Luxury & Lifestyle portfolio through notable acquisitions of Six Senses, Regent Hotels & Resorts and Kimpton Hotels & Restaurants; the growth of its iconic InterContinental Hotels & Resorts and Hotel Indigo brands; and the launch of Vignette Collection. IHG's brands in the segment globally span more than 800 open and pipeline hotels, of which nearly 260 are in the Americas. IHG also supports acceleration in the region – its largest – through a newly formed Luxury & Lifestyle Americas team of experts dedicated to boosting the company's regional growth in the segment.
Jolyon Bulley, CEO – Americas, IHG Hotels & Resorts, said: "IHG's Luxury & Lifestyle portfolio continues to grow at pace. We've strategically designed our brands to be flexible and scalable to meet the changing demands of travelers and the industry overall. We've been very intentional in our Americas growth in this segment. Through building the right operational and talent capabilities and capitalizing on commercial, brand awareness and engagement efforts, we're ensuring our portfolio meets guests' high expectations while driving returns for owners."
Putting Luxury & Lifestyle in Focus
In the Americas, IHG remains focused on several core areas to supercharge its Luxury & Lifestyle growth:
Establishing a New Legacy in Luxury
IHG pioneered luxury hospitality with the 1946 introduction of InterContinental Hotels & Resorts as one of the first true luxury hotel brands. Today, each of its six Luxury & Lifestyle brands delivers a rich blend of properties, locations and experiences.
To learn more about IHG's Luxury & Lifestyle brands, or to book a stay, visit www.ihg.com or use the new IHG One Rewards mobile app.
*Figures as of Q3 2023
About IHG Hotels & Resorts
IHG Hotels & Resorts [LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.
With a family of 19 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmes, IHG has over 6,200 open hotels in over 100 countries, and nearly 2,000 in the development pipeline.
InterContinental Hotels Group PLC is the Group's holding company and is incorporated and registered in England and Wales. Approximately 345,000 people work across IHG's hotels and corporate offices globally.
Visit us online for more about our hotels and reservations and IHG One Rewards. To download the new IHG One Rewards app, visit the Apple App or Google Play stores.
For our latest news, visit our Newsroom and follow us on LinkedIn.
View original content to download multimedia:https://www.prnewswire.com/news-releases/ihg-hotels--resorts-strengthens-leading-position-in-the-luxury--lifestyle-segment-302038519.html
SOURCE IHG (InterContinental Hotels Group)
Copyright 2024 PR Newswire
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