Intercontinental Hotels : COVID-19 update: as expected, no visibility in the short term
>COVID-19 update: collapse in RevPAR from March - Before the start of trading on Friday, IHG gave an update on the current COVID-19 situation, which is hitting the hotel segment particularly hard (no more business and leisure travel due to the multiple restrictions). The group noted the weakest hotel demand ever recorded, which has resulted in a fall in group RevPAR of -6% in January and February (impact of China / Asia vs still stable RevPAR in the USA), with an expe...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.