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Last 2,661 GBp
Change Today -37.00 / -1.37%
Volume 1.3M
IHG On Other Exchanges
Symbol
Exchange
London
New York
OTC US
Frankfurt
Frankfurt
As of 11:35 AM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

intercontinental hotels grou (IHG) Snapshot

Open
2,660 GBp
Previous Close
2,698 GBp
Day High
2,690 GBp
Day Low
2,648 GBp
52 Week High
04/29/15 - 2,967 GBp
52 Week Low
10/16/14 - 2,085 GBp
Market Cap
6.3B
Average Volume 10 Days
1.0M
EPS TTM
2.20 GBp
Shares Outstanding
236.1M
EX-Date
08/27/15
P/E TM
18.8x
Dividend
57.22 GBp
Dividend Yield
2.03%
Current Stock Chart for INTERCONTINENTAL HOTELS GROU (IHG)

intercontinental hotels grou (IHG) Details

InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels and resorts worldwide. It operates hotels, resorts, and restaurants under various brands, including InterContinental, HUALUXE, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express, Candlewood Suites, Staybridge Suites, EVEN, and Kimpton. The company also manages IHG Rewards Club, a hotel loyalty program with approximately 84 million members worldwide. As of July 23, 2015, it owned, managed, leased, and franchised approximately 4,900 hotels and 720,000 guest rooms in approximately 100 countries. The company was founded in 1967 and is headquartered in Denham, the United Kingdom.

7,797 Employees
Last Reported Date: 02/26/15
Founded in 1967

intercontinental hotels grou (IHG) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: 1.9M GBP
Chief Financial Officer and Director
Total Annual Compensation: 1.0M GBP
Executive Vice President of Global Human Reso...
Total Annual Compensation: 1.1M GBP
Compensation as of Fiscal Year 2014.

intercontinental hotels grou (IHG) Key Developments

InterContinental Hotels Group PLC Proposes 2015 Interim Dividend, Payable on October 2, 2015; Reports Consolidated Earnings Results for the First Half Ended June 30, 2015; Provides Capital Expenditure and Tax Rate Guidance for the Year 2015

The board of InterContinental Hotels Group PLC has proposed an interim dividend per ordinary share of 17.7 pence or 27.5 cents per ADR, representing growth of 10% on the 2014 interim dividend. The ex-dividend date is 27 August 2015 and record date is 28 August 2015. The payment date will be on 2 October 2015. The company reported consolidated earnings results for the first half ended June 30, 2015. For the period, the company reported revenue of $915 million against $908 million a year ago. Operating profit was $501 million against $416 million a year ago. Profit before tax was $458 million against $377 million a year ago. Profit attributable to equity holders of the parent was $367 million against $238 million a year ago. Diluted earnings per share were 154.9 cents against 91.9 cents a year ago. Adjusted diluted earnings per share were 86.5 cents against 69.9 cents a year ago. Profit for the period from continuing operations was $368 million against $239 million a year ago. As on date, net debt was $1,710 million against $1,533 million a year ago. Net cash from operating activities was $227 million against $205 million a year ago. Purchase of property, plant and equipment was $27 million against $43 million a year ago. Purchase of intangible assets was $58 million against $47 million a year ago. As in previous years, the year-on-year comparability of total revenue and operating profit are distorted by the impact of owned hotel sales, significant liquidated damages, the performance of managed leases and foreign exchange movements. The full year 2015 tax rate is expected to be in the low to mid 30s as previously guided. Gross capex guidance remains unchanged at up to $350 million per annum into the medium term. It expecs fee-based margin to normalize, to reflect an approximate 100 basis point increase for the full year.

InterContinental Hotels Denies Merger Talks With Starwood Hotels & Resorts

InterContinental Hotels Group Plc (LSE:IHG) says not in merger talks with Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT). InterContinental Hotels stated "Following recent market speculation, the Board of Directors of IHG states that it is not in talks with Starwood (HOT) with a view to a combination of the businesses." The statement followed media reports earlier that claimed the two hotel groups were in talks regarding a potential merger agreement.

Starwood Hotels & Resorts Reaches Out For Potential Bidders

Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT ) has reached out to potential bidders including InterContinental Hotels Group Plc (LSE:IHG) and Wyndham Worldwide Corporation (NYSE:WYN ) after it decided to explore a sale, according to people familiar with the matter. Starwood, which owns the St. Regis and Sheraton hotel brands, has also reached out to sovereign wealth funds, the sources said this week. As a part of its exploration of strategic alternatives, Starwood has also announced plans to spin off its vacation ownership business, to be called Vistana Signature Experiences.

 

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IHG Competitors

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Company Last Change
Shangri-La Asia Ltd $9.95 HKD -0.07
Starwood Hotels & Resorts Worldwide Inc $78.33 USD -1.13
William Hill PLC 401.80 GBp -3.10
Wyndham Worldwide Corp $81.80 USD -0.72
Wynn Resorts Ltd $100.80 USD -2.43
View Industry Companies
 

Industry Analysis

IHG

Industry Average

Valuation IHG Industry Range
Price/Earnings 20.2x
Price/Sales 5.3x
Price/Book NM Not Meaningful
Price/Cash Flow 16.1x
TEV/Sales 5.3x
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