Intercontinental Hotels : A solid Q1 2022 given the context, a welcomed return to network momentum
>A strong upturn in activity after the Omicron wave - Activity indicators in Q1 contained few surprises. The recovery in RevPAR (vs 2019) was slowed by the Omicron wave, primarily in January (group RevPAR down 24%), but the acceleration was perceptible in February (i.e. -18%) and above all in March (i.e. -12%). As such over the quarter, average RevPAR (down 18%) was in line with the Q4 performance. The Americas zone (primarily the US) outperformed, as expected with a...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.
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.
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