IHG - InterContinental Hotels Group PLC

NYSE - Nasdaq Real-time price. Currency in USD
51.63
-1.13 (-2.14%)
As of 12:52PM EDT. Market open.
Stock chart is not supported by your current browser
Previous close52.76
Open50.99
Bid51.62 x 800
Ask51.75 x 1000
Day's range50.18 - 52.11
52-week range25.39 - 71.02
Volume265,973
Avg. volume527,482
Market cap9.348B
Beta (5Y monthly)0.84
PE ratio (TTM)22.37
EPS (TTM)2.31
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date02 Apr 2020
1y target est55.00
  • Big Lots and Intercontinental Hotel Group highlighted as Zacks Bull and Bear of the Day
    Zacks

    Big Lots and Intercontinental Hotel Group highlighted as Zacks Bull and Bear of the Day

    Big Lots and Intercontinental Hotel Group highlighted as Zacks Bull and Bear of the Day

  • Bear of the Day: Intercontinental Hotels (IHG)
    Zacks

    Bear of the Day: Intercontinental Hotels (IHG)

    Bear of the Day: Intercontinental Hotels (IHG)

  • We'll All Be Renting a Local Airbnb This Summer
    Bloomberg

    We'll All Be Renting a Local Airbnb This Summer

    (Bloomberg Opinion) -- In Whitstable, a British seaside town just over an hour’s drive from London, every day of the last two weeks has been like a busy summer weekend. Britons may be unable or unwilling to take international flights, but with the first easing of lockdown restrictions, they are more than happy to head to the beach to bask in the sun and eat fish and chips from the only restaurants open for now.Optimism that people everywhere will be eager to wander once travel restrictions end drove a rebound in airline and tour-operator stocks this week. But these hopes may be overdone. Lingering health-safety concerns and uncertainty about which borders will open mean many consumers on both sides of the Atlantic will stick close to home this summer.What’s more, they may favor a remote Airbnb rental instead of staying in a hotel, with the increased chances of running into other people in the lobby, elevator or restaurant. Globally, new bookings at Airbnb Inc. and Expedia Group Inc.’s Vrbo more than doubled from 916,000 in the week of April 5 to 2.08 million in the week of May 18, according to AirDNA, a short-term rental data provider.While the home-sharing site Airbnb has been hit hard by the travel trough, it said domestic bookings rose strongly in China, Korea, the Netherlands and Denmark in April, and they’ve increased significantly in Germany since the beginning of May. More telling, Chief Executive Officer Brian Chesky told the Associated Press that 30% of bookings are currently within a 50-mile radius of people’s own homes —  basically the next town over — up from 13% before the novel coronavirus outbreak, a trend he attributes to people’s aversion to flying for now.Areas that tourists can drive to, and classic local vacation spots, such as the mountains, lakes and beaches, are proving resilient.Take Germany, a country known for exporting summer tourists. Short-term rentals in the North Sea coastal district of Nordfriesland, which includes the island of Sylt, enjoyed an almost 800% increase in bookings between March 22 and May 17, according to AirDNA. And it’s unlikely they’re coming from abroad — in general just 16% of visitors are from outside Germany. By contrast, Berlin, a popular destination for foreign visitors, has seen just a 71% increase.It’s a similar picture in the U.S, where rentals near beaches in Alabama, Texas, Georgia and the Carolinas are proving popular. By contrast, cities such as New York and San Francisco are recovering more slowly. In this Covid-19 crisis, home-rental sites tend to have an advantage. For example, the majority of Airbnb hosts are in less populated areas, while most hotel chains have a bigger presence in cities. Some of the lodging giants have also ventured into the holiday rental market. Four years ago, French hotel giant Accor SA acquired Onefinestay, an upmarket competitor to Airbnb. One potential drawback with private rentals during the pandemic is that guests have to trust hosts are cleaning and disinfecting well. Hotel groups including Accor, Marriott International Inc., Hilton Worldwide Holdings Inc. and InterContinental Hotels Group Plc have announced stringent hygiene standards.Airbnb has responded with its own guidelines developed with former U.S. Surgeon General Vivek Murthy, including advice on personal protective equipment and disinfectants. Hosts who sign up can leave their properties empty for just 24 hours between guests. Otherwise, they must respect a 72-hour “booking buffer.”For other people, getting away from home may mean taking their lodging with them. Provisional bookings at caravan and campsites in the U.K. look promising. In the U.S., there’s been a bump in demand for motor homes. Indeed, road trips may be one of the first holidays taken on both sides of the Atlantic.While all this pent-up demand is a good sign, it’s unlikely all the money usually spent on overseas travel will be recouped. Staycations aren’t really conducive to flagrant discretionary spending in normal times, but the coronavirus outbreak and lockdowns has brought job losses and economic hardship as well. That will eat into outlay. For a gauge of comparison, in 2017, the year after Britain voted to leave the European Union, the decline in the pound meant many people avoided international travel, but only 60% of what would have been spent abroad was redirected to the U.K., according to analysts at Bernstein.With this crisis, the effect could be even more extreme if shops have to restrict the number of patrons, local tourist attractions can’t open or people remain nervous about going to restaurants or bars even with all of the necessary social distancing measures in place.Indeed, although Whitstable Holiday Homes, an agency for 39 houses, is enjoying its usual high level of bookings for July and August, further out, customers are waiting. A crucial consideration will be whether the town’s vibrant eateries will be open alongside the fish-and-chip shops.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Intercontinental Hotels Group plc (IHG) Q1 2020 Earnings Call Transcript
    Motley Fool

    Intercontinental Hotels Group plc (IHG) Q1 2020 Earnings Call Transcript

    Image source: The Motley Fool. Intercontinental Hotels Group plc (NYSE: IHG)Q1 2020 Earnings CallMay 7, 2020, 3:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, welcome to the InterContinental Hotels Group's First Quarter Trading Update to the 31st of March, 2020.

  • Hilton CEO: Hotel industry needs more government help to recover from coronavirus
    Yahoo Finance

    Hilton CEO: Hotel industry needs more government help to recover from coronavirus

    Yahoo Finance speaks with Hilton CEO Christopher Nassetta about the road ahead for the hotel giant post coronavirus.

  • We will recover from the coronavirus pandemic: Hilton CEO
    Yahoo Finance

    We will recover from the coronavirus pandemic: Hilton CEO

    Yahoo Finance talks with Hilton CEO Christopher Nassetta about the state of the hotel industry amidst the coronavirus pandemic.

  • Is Now The Time To Look At Buying InterContinental Hotels Group PLC (LON:IHG)?
    Simply Wall St.

    Is Now The Time To Look At Buying InterContinental Hotels Group PLC (LON:IHG)?

    InterContinental Hotels Group PLC (LON:IHG), which is in the hospitality business, and is based in United Kingdom, led...

  • Insider Buying: The InterContinental Hotels Group PLC (LON:IHG) Non-Executive Chairman of the Board Just Bought US$202k Worth Of Shares
    Simply Wall St.

    Insider Buying: The InterContinental Hotels Group PLC (LON:IHG) Non-Executive Chairman of the Board Just Bought US$202k Worth Of Shares

    Potential InterContinental Hotels Group PLC (LON:IHG) shareholders may wish to note that the Non-Executive Chairman of...

  • Marriott CEO says coronavirus is ‘like nothing we’ve ever seen,’ cuts his salary to $0 
    Yahoo Finance

    Marriott CEO says coronavirus is ‘like nothing we’ve ever seen,’ cuts his salary to $0 

    Marriott (MAR) CEO Arne Sorenson has announced that he will not be taking a salary for the rest of the year, responding to the fallout from the coronavirus. 

  • How Does InterContinental Hotels Group's (LON:IHG) P/E Compare To Its Industry, After The Share Price Drop?
    Simply Wall St.

    How Does InterContinental Hotels Group's (LON:IHG) P/E Compare To Its Industry, After The Share Price Drop?

    To the annoyance of some shareholders, InterContinental Hotels Group (LON:IHG) shares are down a considerable 31% in...

  • Here's What InterContinental Hotels Group PLC's (LON:IHG) P/E Is Telling Us
    Simply Wall St.

    Here's What InterContinental Hotels Group PLC's (LON:IHG) P/E Is Telling Us

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • How Much is InterContinental Hotels Group PLC's (LON:IHG) CEO Getting Paid?
    Simply Wall St.

    How Much is InterContinental Hotels Group PLC's (LON:IHG) CEO Getting Paid?

    Keith Barr became the CEO of InterContinental Hotels Group PLC (LON:IHG) in 2017. First, this article will compare CEO...

  • Hilton unveils new wellness-focused hotel chain
    Yahoo Finance

    Hilton unveils new wellness-focused hotel chain

    It’s a different kind of hotel, with guided meditations exclusively crafted by Ariana Huffington’s health brand Thrive Global.

  • The Zacks Analyst Blog Highlights: Marriott Vacations Worldwide, Hilton Worldwide, Wyndham Hotels & Resorts and InterContinental Hotels
    Zacks

    The Zacks Analyst Blog Highlights: Marriott Vacations Worldwide, Hilton Worldwide, Wyndham Hotels & Resorts and InterContinental Hotels

    The Zacks Analyst Blog Highlights: Marriott Vacations Worldwide, Hilton Worldwide, Wyndham Hotels & Resorts and InterContinental Hotels

  • Raise a Toast to These Hotel Stocks in 2020
    Zacks

    Raise a Toast to These Hotel Stocks in 2020

    Strength in consumer spending and confidence will certainly drive hotel demand this year.

  • InterContinental Hotels Group PLC (LON:IHG) Is Yielding 1.8% - But Is It A Buy?
    Simply Wall St.

    InterContinental Hotels Group PLC (LON:IHG) Is Yielding 1.8% - But Is It A Buy?

    Dividend paying stocks like InterContinental Hotels Group PLC (LON:IHG) tend to be popular with investors, and for...

  • Calculating The Intrinsic Value Of InterContinental Hotels Group PLC (LON:IHG)
    Simply Wall St.

    Calculating The Intrinsic Value Of InterContinental Hotels Group PLC (LON:IHG)

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of InterContinental...

  • New Strong Sell Stocks for November 12th
    Zacks

    New Strong Sell Stocks for November 12th

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today

  • InterContinental Hotels Group PLC (LON:IHG) Insiders Have Been Selling
    Simply Wall St.

    InterContinental Hotels Group PLC (LON:IHG) Insiders Have Been Selling

    It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...

  • Moving Average Crossover Alert: InterContinental Hotels
    Zacks

    Moving Average Crossover Alert: InterContinental Hotels

    InterContinental Hotels Group PLC (IHG) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

  • Marriott Vacations Banks on Strategic Initiatives for Growth
    Zacks

    Marriott Vacations Banks on Strategic Initiatives for Growth

    Marriott Vacations' (VAC) strong revenue-building capacities, digital innovations and synergies from the ILG acquisition are encouraging.

  • Hyatt's (H) Regency Brand Debuts in Spain, Eyes Growth
    Zacks

    Hyatt's (H) Regency Brand Debuts in Spain, Eyes Growth

    Hyatt (H) fortifies its international presence by opening Hyatt Regency Hesperia Madrid hotel in Spain.

  • Hurricane Dorian Likely to Hurt Marriott Vacations' Q3 Results
    Zacks

    Hurricane Dorian Likely to Hurt Marriott Vacations' Q3 Results

    Marriott Vacations' (VAC) contract sales in the third quarter are likely to be impacted by nearly $6-$8 million due to Hurricane Dorian.

  • Should You Like InterContinental Hotels Group PLC’s (LON:IHG) High Return On Capital Employed?
    Simply Wall St.

    Should You Like InterContinental Hotels Group PLC’s (LON:IHG) High Return On Capital Employed?

    Today we'll evaluate InterContinental Hotels Group PLC (LON:IHG) to determine whether it could have potential as an...