InterContinental Hotels Group PLC
Company Profile
Business description
InterContinental Hotels Group operates 946,000 rooms across 19 brands addressing the midscale through luxury segments, as of Dec. 31, 2023. Holiday Inn and Holiday Inn Express constitute the largest brand, while Hotel Indigo, Even, Hualuxe, Kimpton, and Voco are newer lifestyle brands experiencing strong demand. The company launched a midscale brand, Avid, in 2017 and closed on a 51% stake in Regent Hotels in 2018. It acquired Six Senses in 2019 and launched another midscale brand, Garner, in 2023. Managed and franchised represent 99% of total rooms. As of Dec. 31, 2023, the Americas represented 55% of total rooms, with Greater China accounting for 19% and Europe, Asia, the Middle East, and Africa making up 26%.
Contact
1 Windsor Dials, Arthur Road
WindsorBerkshireSL4 1RS
GBRT: +44 1753972000
E: investors@ihg.com
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Lodging
Fiscal Year End
31 December 2024
Employees
375,000
Morningstar Investment Ideas
Markets
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