Intercontinental Hotels : An encouraging Q3 2024 and confident message on the outlook
>Q3 2024 broadly in line with forecasts, encouraging despite a high comparison base - Yesterday before market open, IHG reported a current trading Q3 2024 broadly in line with our forecasts, giving RevPaR growth of +1.5%, of which +1.7% in the Americas region (including +1.2% in the US), +4.9% in EMEAA and a decline of 10.3% in Greater China, impacted notably by a tough comparison base (Q3 2023 RevPAR at +9.3% vs 2019). Moreover, the end of the license contract for th...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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