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UK's CMA Says Several Hotel Booking Sites Agree Changes
Sai Leisure Group Says Unit & IHC Hotel Enters Hotel Management Deal
Intercontinental Hotels Group HY Total Revenue $2,280 Mln Vs. $2,113 Mln last year
InterContinental Hotels Group PLC is a hotel company. The Company franchises its brands to, and manages hotels on behalf of, third-party hotel owners. Its segments include The Americas; Europe; Asia, Middle East and Africa (AMEA); Greater China, and Central. It operates a portfolio of hotel brands, including InterContinental, HUALUXE, Kimpton, Crowne Plaza, Hotel Indigo, EVEN Hotels, Holiday Inn, Holiday Inn Express, Staybridge Suites Hotels, Holiday Inn Resort, Regent Hotels & Resorts, Holiday Inn Club Vacations and Candlewood Suites Hotels. As of December 31, 2016, The Americas pipeline totaled 945 hotels (102,451 rooms). As of December 31, 2016, the Europe pipeline totaled 137 hotels (23,954 rooms). As of December 31, 2016, the AMEA pipeline totaled 149 hotels (39,643 rooms). As of December 31, 2016, the Greater China pipeline totaled 239 hotels (64,028 rooms). As of April 21, 2017, it had 5,200 hotels and 777,000 rooms in its system.
Hotels & Motels
Patrick Jean Pierre Cescau
Non-Executive Chairman of the Board
Chief Executive Officer, Executive Director
Chief Financial Officer, Executive Director
Jolyon Warren Lewis Bulley
Chief Executive Officer - Greater China
Chief Executive Officer - EMEAA
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InterContinental Hotels Group <IHG.L> played down any hit from the trade standoff between Beijing and Washington, saying few of its business customers in China were from outside the country and it was anyway well spread globally to absorb any impact.
Aug 6 - InterContinental Hotels Group reported a marginally higher first-half room revenue on Tuesday as fewer business travellers in China and protests in Hong Kong led to a decline in demand from Greater China.
** InterContinental Hotels Group shares fall 2.7% to 5,178 pence, second biggest losers on FTSE index
InterContinental Hotels Group Plc on Friday reported a slight increase in room revenue in the first-quarter, as strong demand in the Latin America and Caribbean markets was offset by flat growth in the Greater China region.
InterContinental Hotels Group said on Friday it would return $500 million to shareholders and reported a 1 percent growth in revenue per available room for the third quarter, helped by higher demand in China.
InterContinental Hotels Group (IHG)<IHG.L> reported only a small rise in revenue per available room in the third quarter, held back by a U.S. decline in the face of competition from online rental services, sending its shares down 5.8 percent.
* Pendragon sinks 10 pct after warning, drags Inchcape with it
InterContinental Hotels Group said on Friday it would pay $500 million to shareholders in a special dividend as it reported a 1 percent rise in revenue per available room for the third quarter, driven by robust demand in China.
InterContinental Hotels Group Plc's (IHG) <IHG.L> second-quarter room revenue growth accelerated on robust demand in China, it said on Tuesday.
InterContinental Hotels Group Plc's (IHG) second-quarter room revenue growth accelerated, helped by higher demand in China, it said on Tuesday.
InterContinental Hotels Group Plc <IHG.L> on Friday posted a better-than-expected rise in first-quarter global room revenue on strong demand in China, and said it was confident in the outlook for the year ahead.
* INTERCONTINENTAL HOTELS GROUP PLC - GLOBAL Q1 COMPARABLE REVPAR UP 3.5%
InterContinental Hotels Group Plc on Friday posted a 3.5 percent rise in first-quarter global room revenue, helped growth in its Continental Europe markets and said it was confident in the outlook for the year ahead.
French property group Fonciere des Regions made its first foray into the British market on Thursday, in a deal to buy 14 upmarket hotels from Starwood Capital for 858 million pounds ($1.2 billion).
* ENTERED DEAL WITH FDR TO REBRAND AND OPERATE 12 HIGH QUALITY OPEN HOTELS AND ONE PIPELINE HOTEL INTO ITS PORTFOLIO ACROSS UK
* CHANGES ARE EFFECTIVE FROM JAN 1, COMPRISE, ADOPTION OF IFRS 15: REVENUE FROM CONTRACTS WITH CUSTOMERS AND OTHER PRESENTATIONAL CHANGES
InterContinental Hotels Group (IHG) <IHG.L> said it agreed to buy a 51 percent stake in luxury brand Regent Hotels and Resorts for $39 million in cash as part of its plan to go more upmarket to tap customers willing to pay top prices.
InterContinental Hotels Group <IHG.L>(IHG) is close to announcing acquisition of a luxury brand to complement its existing portfolio, its chief executive said on Monday.
InterContinental Hotels Group (IHG) <IHG.L> announced plans to go more upmarket to tap customers willing to pay top prices, but disappointed investors by saying it won't pay out any additional capital to investors this year.
InterContinental Hotels Group (IHG) said it would not pay out any additional capital to investors in 2018 as it announced a better-than-expected profit for 2017 and a new strategy to speed growth.
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