Profile: InterContinental Hotels Group PLC (IHG)
22 Oct 2018
InterContinental Hotels Group PLC, incorporated on May 21, 2004, is a hotel company. The Company franchises its brands to, and manages hotels on behalf of, third-party hotel owners. The Company's segments include The Americas; Europe; Asia, Middle East and Africa (AMEA); Greater China, and Central. The Company 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 Company operated in over 100 countries globally.
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, the Company had 5,200 hotels and 770,00 rooms in its system. As of December 31, 2016, the InterContinental brand operated 187 hotels with 63,650 rooms; Kimpton brand operated 61 hotels with 11,238 rooms; HUALUXE brand operated four hotels with 1,096 rooms; Crowne Plaza brand operated 408 hotels with 113,803 rooms; Hotel Indigo operated 75 hotels with 8,905 rooms; EVEN Hotels brand operated six hotels with 1,010 rooms; Holiday Inn brand operated 1,241 hotels with 231,756 rooms; Holiday Inn Express brand operated 2,497 hotels with 247,009 rooms; Staybridge Suites brand operated 236 hotels with 25,610 rooms, and Candlewood Suites brand operated 362 hotels with 34,192 rooms.
The Company competes with Accor Hotels, Choice Hotels International Inc., Hilton Worldwide, Hyatt Hotels Corporation, Marriott International Inc., Starwood Hotels and Resorts, and Wyndham Worldwide Corp.
InterContinental Hotels Group PLC
DENHAM UB9 5HR
Company Web Links
- CORRECTED-IHG qtrly room revenue climbs on China demand (Oct. 19)
- InterContinental Hotels' lacklustre numbers send shares down 5.8 pct
- UPDATE 2-InterContinental Hotels' lacklustre numbers send shares down 5.8 pct
- Intercontinental, Easyjet lead Britain's FTSE lower
- UPDATE 1-IHG hotel room revenue climbs on China demand;