Report
Fehmi Ben Naamane ...
  • Johanna Jourdain

Intercontinental Hotels : 2019 results in line but the lack of visibility in some regions (China, US) in the short term is likely to weigh

>2019 earnings in line, despite a slowdown in Q4 - IHG yesterday reported 2019 sales up 8% and EBIT up +4%, with RevPAR down by -0.3% over the full year, incl. -0.1% in the Americas, +0.3% in EMEAA (Europe, Asia, the Middle East, Africa) and -4.5% in Greater China (mainland China, Hong Kong and Macau). The sequential slowdown of RevPAR was more marked throughout the year, incl. +0.3% in Q1, -0.2% in Q2, -0.8% in Q3 and -1.8% in Q4 2019. Q4 2019 was notably impacted by...
Underlying
InterContinental Hotels Group PLC

InterContinental Hotels Group is a hotel companies. Co.'s hotel brands are InterContinental Hotels & Resorts, Kimpton Hotels & Restaurants, Hualuxe Hotels & Resorts, Hotel Indigo, EVEN Hotels, Crowne Plaza Hotels & Resorts, Holiday Inn, Holiday Inn Express, Staybridge Suites, Holiday Inn Club Vacations, Holiday Inn Resorts, Candlewood Suites, and Avid Hotels. As of Mar 2 2017, Co.'s had total hotels of 5,348 with 4,433 franchised, 907 managed, eight owned and leased hotels, and 1,655 total hotels in the pipeline.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fehmi Ben Naamane

Johanna Jourdain

ResearchPool Subscriptions

Get the most out of your insights

Get in touch