IHG CEO Remains Upbeat Despite Uncertain Environment
InterContinental Hotels Group Plc, owner of the Holiday Inn and Crowne Plaza brands, said first-half earnings rose and increased its interim dividend despite difficult conditions in some regions. Operating profit before one-time items climbed to $344 million, the Denham, England-based company statement on Tuesday. That beat a $332.9 million average estimate by 7 analysts in a Bloomberg survey. Chief Executive Officer Richard Solomons discusses business with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."