InterContinental Hotels Group PLC
News and overview for InterContinental Hotels Group PLC
InterContinental Hotels Q3 profit down 25 pct
Hotel News Resource | 11 days 23 hours 45 minutes ago
InterContinental Hotels 3rd quarter profit falls 25 percent as it lowers rates
IHG Capitalizes on Strong Growth Potential in Latin America [Press Release]
Business Wire | 40 days 12 hours 5 minutes ago
IHG (InterContinental Hotels Group) (LSE:IHG) (NYSE:IHG) (ADRs), the world’s largest hotel company by number of rooms and with the most experience in Central and South America, is capitalizing on its 63 years in the region by expanding its relationships with both new and existing hotel owners, leading to numerous agreements for new hotels, as well as expansions and renovations of existing properties.
IHG Signs Agreement for New Holiday Inn Express Rosario in Argentina [Press Release]
Business Wire | 34 days 4 hours 18 minutes ago
IHG (InterContinental Hotels Group), (LSE:IHG) (NYSE:IHG) (ADRs)] the world’s largest hotel group by number of rooms, today announced that it has signed a new franchise agreement for the Holiday Inn Express Rosario in Argentina. The 9-story, 175-guestroom hotel will be located at Salta 1950, Rosario, Provincia de Santa Fe, in the commercial district and close to many office buildings and the main port and is scheduled to open in December 2009.
IHG Signs Agreement For New InterContinental Hotel in Mendoza, Argentina [Press Release]
Business Wire | 30 days 9 hours 51 minutes ago
IHG (IHG) (LON:IHG), (NYSE:IHG) (ADRs), the world's largest hotel group by number of rooms, today announced it has signed a franchise agreement with KLP Emprendimientos S.A. for development of the InterContinental Mendoza, in Mendoza, Argentina.
Marlise Karlin Invited to Present Reboot Yourself in a Breath Program at InterContinental Montelucia Resort & Spa [Press Release]
Business Wire | 6 days 6 hours 34 minutes ago
Marlise Karlin, www.marlisekarlin.com, who has travelled the globe since 2004 teaching people how to reboot their lives through The Simplicity of Stillness®, will be presenting “Reboot Yourself in a Breath” at the InterContinental Montelucia Resort & Spa, Scottsdale's newest luxury resort. This rejuvenating program will be offered on Saturday, November 21, 2009 from 10:30 a.m. – 12:30 p.m. The cost to participate in the 2 hour program is $45 per person.
Hyatt Hotels IPO a hit as shares rise 11% - MarketWatch
MarketWatch | 17 days 5 hours 15 minutes ago
Hyatt /quotes/comstock/13*!h (H 28.08, +3.08, +12.32%) , which priced 38 million shares at a price of $25 apiece, was looking to raise $950 million. But its shares jumped $2.66 to $27.66 in morning action.
Priority Club(R) Rewards' New Flights Anywhere(TM) Takes Off [Press Release]
PRNewswire | 67 days 13 hours 3 minutes ago
...Resorts, Holiday Inn(R) Hotels and Resorts, Holiday Inn Express...worldwide. IHG has nearly 1,600 hotels in its development pipeline...over the next few years. InterContinental Hotels Group PLC is the Group's holding company...
Priority Club(R) Rewards Doubles the Points At More Than 4,300 Hotels Worldwide [Press Release]
PRNewswire | 47 days 13 hours 2 minutes ago
...Resorts, Holiday Inn(R) Hotels and Resorts, Holiday Inn Express...worldwide. IHG has nearly 1,600 hotels in its development pipeline...over the next few years. InterContinental Hotels Group PLC is the Group's holding company...
Goldstein Communications to Help IHG Syndicate Its Loyalty Club Members Content - A First in the Travel Industry [Press Release]
PRNewswire | 110 days 4 hours 3 minutes ago
...Resorts, Holiday Inn((R)) Hotels and Resorts, Holiday Inn Express...worldwide. IHG has nearly 1,700 hotels in its development pipeline...over the next few years. InterContinental Hotels Group PLC is the Group's holding company...
InterContinental posts second-quarter losses
AH&LA SmartBrief | 103 days 19 hours 5 minutes ago
InterContinental Hotels Group PLC reported a net loss of $56 million in the second quarter, down from a net profit of $101 million a year earlier. The hotel...
First Hotel Indigo in New York City Brings Style and Substance to New Chelsea Hotel District [Press Release]
PRNewswire | 40 days 48 minutes ago
...Resorts, Holiday Inn(R) Hotels and Resorts, Holiday Inn Express...worldwide. IHG has nearly 1,600 hotels in its development pipeline...over the next few years. InterContinental Hotels Group PLC is the Group's holding company...
InterContinental Stumbles As Business Travel Declines
Wall Street Journal, The | 11 days 17 hours 28 minutes ago
LONDON—InterContinental Hotels Group PLC on Tuesday said there are signs that occupancy at its hotels is stabilizing, but rates are still under "considerable" pressure as the hotel operator posted declines in its quarterly profit and revenue.
2nd UPDATE: InterContinental Hotels' Rates Still Under Pressure
Wall Street Journal, The | 12 days 44 minutes ago
(Adds detail and comment.) By Steve McGrath and Michael Carolan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--InterContinental Hotels Group PLC (IHG) Tuesday said there are signs that occupancy at its hotels is stabilizing, but rates are still under "considerable" pressure and its third-quarter profits and revenue fell.
Downturn Hurts InterContinental's Net
Wall Street Journal, The | 12 days 12 hours 48 minutes ago
LONDON -- InterContinental Hotels Group PLC Tuesday said there are signs that occupancy at its hotels is stabilizing, but rates are still under "considerable" pressure and its third-quarter profits and revenue fell.
UPDATE: InterContinental Hotels Rates Still Under Pressure
Wall Street Journal, The | 12 days 14 hours 46 minutes ago
(Adds detail.) By Steve McGrath and Michael Carolan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--InterContinental Hotels Group PLC (IHG) Tuesday said that there are signs that occupancy at its hotels is stabilizing, but rates are still under "considerable" pressure and its third quarter profits and revenue fell.
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Company Overview
| Company: | InterContinental Hotels Group PLC |
|---|---|
| Industry: | Mid-Priced Hotels & Motels |
| Website: | http://www.ihgplc.com |
InterContinental Hotels Group (ICH) is truly that. The company is the world's largest hotel company by room count, with more than 4,000 properties in nearly 100 countries. Its mainstay chain, Holiday Inn, offers mid-market accommodations at nearly 1,400 locations in the US, Europe, and Asia, along with some 1,900 limited-service locations operated under the Holiday Inn Express brand. ICH also serves the upscale market with its Crowne Plaza and InterContinental chains, while its Staybridge Suites and Candlewood Suites brands offer extended stay services mostly in the US. The company's newest brand, Hotel Indigo, targets mid-market travelers with upscale appointments.
Key Numbers
| Sales in U.S. Dollars (mil.) | 2,665.6 (2008) |
|---|---|
| One-year % Growth in Sales | 51.7 (2008) |
| Net Income in U.S. Dollars (mil.) | 376.7 (2008) |
| One-year % Growth in Net Income | -18.1 (2008) |
| Number of Employees | 8,334 (2008) |
| One-year % Growth in Number of Employees | -19.6 (2008) |
| Fiscal Year-End | December |