InterContinental Hotels Group Outperforms Market on Wednesday
January 13, 2023
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INTERCONTINENTAL ($LSE:IHG): Its portfolio includes some of the world’s most iconic hotel brands including InterContinental, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express and Staybridge Suites. On Wednesday, InterContinental Hotels Group saw a rise that outperformed the market. The InterContinental Hotels Group was also up more than four percent on a year-to-date basis. The company has seen strong financial performance over the past few quarters. This was driven by strong occupancy levels and higher average daily rates. InterContinental Hotels Group has also been investing heavily in technology in order to stay ahead of the competition. The company recently launched a new mobile app that allows customers to access their loyalty program and book rooms directly from their phones.
In addition, the company has been investing in refining its guest experience across all its hotels and resorts, which has helped drive customer loyalty in recent quarters. The company’s strong financial results, focus on technology and investments in customer experience have all helped drive its success. Investors should keep an eye on the company’s future performance as it continues to expand its portfolio and innovate in the hospitality industry.
Stock Price
The IHG stock opened at £52.6 and closed at £53.4, up 1.9% from the prior closing price of £52.4. The news of IHG’s performance on Wednesday was welcomed by investors and analysts alike. The IHG stock has been on a steady rise since the start of the year, and the positive performance on Wednesday is a sign that the trend will likely continue. The positive results for IHG on Wednesday also bode well for other hotel companies in the sector. The performance of IHG is often seen as a bellwether for the rest of the industry, and many analysts expect that the rest of the sector will soon follow suit and post similar results in their own trading sessions.
Overall, Wednesday was a strong day for IHG, as they outperformed the market in a day of trading. The strong performance of IHG stock is likely to continue in the coming weeks and months, as investors remain confident in the company’s prospects and financial results continue to be positive. With this in mind, it looks like the hotel industry is set for a bright future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Intercontinental Hotels. More…
| Total Revenues | Net Income | Net Margin |
| 3.52k | 434 | 12.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Intercontinental Hotels. More…
| Operations | Investing | Financing |
| 638 | -2 | -187 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Intercontinental Hotels. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.66k | 5.84k | -6.42 |
Key Ratios Snapshot
Some of the financial key ratios for Intercontinental Hotels are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -7.9% | -0.1% | 20.8% |
| FCF Margin | ROE | ROA |
| 16.2% | -34.4% | 9.8% |
VI Analysis
INTERCONTINENTAL HOTELS is a rhino according to the VI Star Chart, a company that has achieved moderate revenue or earnings growth. Such companies are typically attractive to investors looking for stable, long-term investments. The company has a high health score of 8/10, indicating that it is capable to safely ride out any crisis without the risk of bankruptcy. Its fundamentals, such as cash flows and debt, are strong and it is medium in growth, profitability and weak in asset and dividend. Thus, INTERCONTINENTAL HOTELS is an ideal investment choice for investors who seek returns over the long term. They can expect steady returns on their investment which may not be huge, but are likely to grow steadily over time. It is also likely to be a safe bet given the company’s strong fundamentals and high health score. With its moderate revenue and earnings growth, the company is likely to provide consistent returns without the risk of surprise losses. More…
VI Peers
In the hotel industry, competition is intense between InterContinental Hotels Group PLC and its main competitors Melia Hotels International SA, Accor SA, and Hyatt Hotels Corp. All four companies are striving to attract the most guests and provide the best experience possible. Each company has its own strengths and weaknesses, but ultimately it is the guests who will decide which hotel they prefer.
– Melia Hotels International SA ($LTS:0MKO)
Melia Hotels International SA is a Spanish hotel chain founded in 1956. The company operates more than 350 hotels in 40 countries across the world. Melia Hotels International SA has a market cap of 973.68M as of 2022, a Return on Equity of 4.97%. The company’s main business activity is operating hotels and resorts.
– Accor SA ($OTCPK:ACCYY)
Accor SA is a French multinational hospitality company that owns, operates, and franchises hotels, resorts, and vacation properties. The company was founded in 1967 and is headquartered in Paris, France. Accor SA has a market cap of 5.84B as of 2022 and a Return on Equity of 0.34%. The company operates over 4,000 hotels and resorts across 100 countries and employs over 180,000 people. Accor SA’s brands include Pullman, Novotel, Mercure, ibis, and Adagio. The company also owns and operates the Le Club Accorhotels loyalty program.
– Hyatt Hotels Corp ($NYSE:H)
Hyatt Hotels Corp is a global hospitality company with a portfolio of 12 brands. The company’s market cap is 9.45B as of 2022 and its ROE is 9.73%. Hyatt brands include: Park Hyatt, Andaz, Grand Hyatt, Hyatt Regency, Hyatt Place, Hyatt House, Hyatt Zilara, Hyatt Ziva, The Unbound Collection by Hyatt, Hyatt Centric, Hyatt Residence Club and World of Hyatt. Hyatt Hotels Corp was founded in 1957 and is headquartered in Chicago, Illinois.
Summary
The company’s performance was driven by strong investor sentiment, with analysts citing its diverse portfolio of hotels and broad geographical presence as factors that have helped it weather the global crisis. Investors are also encouraged by IHG’s focus on cost-cutting and its resilient loyalty program, which has enabled it to maintain strong revenue and occupancy levels despite the pandemic. IHG aims to expand its global presence and achieve further growth, with plans to open new hotels in key markets and refocus on its digital capabilities. Analysts have a positive outlook for IHG, with expectations for it to continue to outperform the market in the near future.
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