Intercontinental Hotels : Positive tone on gradual recovery in the US and in China, including in the corporate segment
>Q1 in line with expectations, cash neutral (or slightly positive) - IHG published a Q1 2021 trading update on Friday before the stock market open, in line with expectations. RevPAR at -50.6% vs Q1 2019 (-33.7% vs Q1 2020) vs consensus at -52%, suggests near stability after -53% in Q4 2020. The group notes an upturn in demand in March, particularly in the US and China, which continued into April, while EMEAA remained affected by health restrictions. By region, in Q1 2...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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