Report
Fehmi Ben Naamane ...
  • Johanna Jourdain

Intercontinental Hotels : Positive outlook unchanged, but already factored into the cycle-peak valuation

>Outlook broadly positive for 2019, despite the comparison base - When reporting its 2018 earnings yesterday, Intercontinental Hotels (IHG) took a confident stance about its prospects for market growth in 2019 and the medium term. We forecast RevPAR growth of +2.2% in 2019, mainly supported by the favourable momentum in Greater China's domestic market (+6.0% estimated despite a challenging comparison base in H1, after +6.9% in 2018). In the US, IHG’s main market (appr...
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