Intercontinental Hotels Group Stock News

A strong rebound in U.S. domestic travel demand has been favourable for InterContinental Hotels Group. Should we continue to see growth in free cash flow, then I envisage further upside.

The hotelier benefited from some good news in the industry.

Jim Cramer, Mad Money host, joins 'Squawk Box' to discuss his first take on Mad Money's move to NYSE and big banks' earning reports.

InterContinental Hotels Group PLC (IHG) saw a 61% increase in revenue per available room (RevPAR) in the first quarter, boosted by “sequentially improved” trading in the Americas and Europe, Middl

Intercontinental Hotels Group on Friday signalled a sharp recovery in the hospitality sector as people gradually resume leisure and business travel after countries eased pandemic-related restrictions.

Marriott International, Hilton Worldwide and InterContinental Hotels have been highlighted in this Industry Outlook article.

Although the hotel occupancy rate is improving, it is still below the pre-pandemic level. However, stocks like MAR, HLT and IHG are likely to benefit from gradually improving occupancy and RevPAR.

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two online travel c

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two online travel companies: Expedia Group Inc. (NASDAQ: EXPE ) and Travelzoo (NASDAQ: TZOO ). The Case For Expedia Group: This company first entered the digital universe in 1996 as a division of Microsoft Corporation (NASDAQ: MSFT ) before being spun off as a public company in 1999. It was acquired by IAC/InterActiveCorp in 2003 and became part of IAC Travel , only to be spun off as Expedia Inc. in 1995. Over the years, the Seattle-headquartered company expanded through a series of acquisitions of major online travel sites including Travelocity, Trivago and Orbitz ; its other assets include Hotels.com, Vrbo, CheapTickets and CarRentals.com . Among its most recent corporate developments, Expedia Group signed an agreement last month to become a preferred redistributor of InterContinental Hotels Group PLC (NYSE: IHG ) properties’ wholesale rates through Expedia Group’s Optimized Distribution Preferred program.

Insurtech company RenewBuy has brought on board Gautam Bansal as its chief financial officer, said a statement issued by the firm. The appointment is in line with the company’s mission of accelerated business growth across the country. In his new role, Bansal will lead the company’s finance function, while providing strategic direction and leadership to the organisation. He will also play an instrumental role in making the firm IPO ready.Bansal comes with close to two decades of corporate experience, spanning across the financial services sector. He has been associated with multiple financial advisory functions of companies, as well as start-ups operating in e-commerce, logistics, consumer goods, assurance advisory and banking industry. In his previous role, he was the head of finance at Shiprocket. “Gautam brings vast experience in financial management, along with strong strategic and leadership capabilities. He has also worked extensively across the start-up ecosystem, new-age, high-growth tech platforms.

The FTSE 100 was in the black on Wednesday, as investors waded back in to buy beaten down stocks.

Shares of Airbnb Inc. ABNB, -9.20% took a 6.0% dive in premarket trading Thursday, putting them on track to suffer a fifth-straight decline, as Russia's invasion of Ukraine has triggered selloffs in t

InterContinental Hotels (IHG) declares $0.859/share dividend. Payable May 17; for shareholders of record April 1; ex-div March 31.

Here is how PlayAGS (AGS) and InterContinental Hotels (IHG) have performed compared to their sector so far this year.