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InterContinental Hotels Group PLC (IHG.N)

IHG.N on New York Stock Exchange

42.74USD
7 Dec 2016
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$1.37 (+3.31%)
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Fri, Oct 21 2016

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InterContinental says oil industry slump, security concerns cap revenue growth

InterContinental Hotels (IHG) saw slower growth in room rates in the third quarter as the slump in the oil industry continued to affect bookings in some U.S. states and security concerns hurt demand in France, Belgium and Turkey.

UPDATE 2-InterContinental says oil industry slump, security concerns cap revenue growth

* Shares fall as much as 2.3 pct (Adds CFO, analyst comments, share movement)

IHG's Q3 room revenue growth slows

Oct 21 Intercontinental Hotels Group Plc posted a slower rate of room revenue growth as performance in its hotels in oil-producing American states deteriorated, while demand across France, Turkey and Belgium was hit by security fears.

BRIEF-IHG introduces hotel brand to Australia and New Zealand to drive growth

* Says to introduce EVEN Hotels brand to Australia and New Zealand to drive growth in lifestyle segment

BRIEF-Kimpton Hotels & Restaurants notifies customers of payment card incident

* Kimpton Hotels & Restaurants notifies customers of payment card incident

Anbang is not considering an offer for InterContinental: spokesman

Anbang Insurance Group Co is not considering an offer for InterContinental Hotels Group Plc , Chris Winans, a representative for the Chinese company said on Sunday, rejecting a media report that a takeover bid was in the works.

Anbang is not considering an offer for InterContinental -spokesman

Aug 8 Anbang Insurance Group Co is not considering an offer for InterContinental Hotels Group Plc, Chris Winans, a representative for the Chinese company said on Sunday, rejecting a media report that a takeover bid was in the works.

UPDATE 1-IHG confident for the year, lifts dividend

* Has only limited exposure to France (Adds CFO, analysts comments, details, share movement)

BRIEF-IHG H1 operating profit $344 mln

* H1 underlying operating profit rose 2.1 percent to 344 million usd

Growth across regions drives up hotelier IHG's Q2 room revenue

Aug 2 Intercontinental Hotels Group Plc expressed confidence in its outlook for the rest of the year, after growth across its regions led to a higher rise in global room revenue for the second quarter.

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