Last $39.76 USD
Change Today +1.25 / 3.25%
Volume 27.6K
ICHGF On Other Exchanges
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As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Broadwater Park

Denham, UB9 5HR

United Kingdom

Phone: 44 18 9551 2000

Fax:

InterContinental Hotels Group PLC operates in the hotel business. The company has approximately 4,700 hotels in approximately 100 countries and territories, as well as a portfolio of 9 preferred brands. The company operates hotels under various brands, including InterContinental, Crowne Plaza, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites, Hotel Indigo, EVEN Hotels, HUALUXE, and other brands. It also manages the hotel loyalty program, IHG Rewards Club. The company operates in the Americas; Europe; Asia, the Middle East, and Africa; and Greater China. Signiifcant Events In February 2014, InterContinental Hotels Group, or IHG, has announced the signing of three Holiday Inn hotels: Holiday Inn Ankara Cukurambar, Holiday Inn Istanbul Tuzla Bay and Holiday Inn Istanbul Kadikoy in Turkey. In March 2014, InterContinental Hotels Group has announced the opening of the Holiday Inn Monterrey Valle hotel in Monterrey, Mexico, including two Crowne Plaza hotels, three Holiday Inn hotels, three Holiday Inn Express hotels and one Staybridge Suites hotel. In March 2014, InterContinental Hotels Group announced the opening of the new Holiday Inn Express North Hollywood hotel. With the addition of this 80-room property, IHG now has five Holiday Inn Express hotels in the Los Angeles and Hollywood areas with an additional 19 Holiday Inn Express hotels in the pipeline for California. In March 2014, InterContinental Hotels Group opened a new 101-room ANA Holiday Inn Kanazawa Sky in Kanazawa, Japan. In March 2014, InterContinental Hotels Group, has announced the launch of its Hotel Indigo brand in the Brickell neighborhood in Miami, Florida. It also announced that it would open its fifth Hotel Indigo location in New York City, U.S. In April 2014, Intercontinental Hotels Group plc and Maplewood Hotels & Resorts have announced plans to develop 15 new-build Candlewood Suites properties in Canada. In April 2014, InterContinental Hotels Group announced the opening of the Holiday Inn Express(R) Rio Branco hotel. The new-build hotel is just a short distance from Rio Branco-Plácido de Castro International Airport and is also accessible via the Transoceanica Highway and two key Peruvian ports. In May 2014, InterContinental Hotels Group, or IHG, has announced the opening of a new 258-room Holiday Inn Sherwood Park Conference Centre hotel in Sherwood Park, Alberta. In May 2014, Intercontinental Hotels Group plc or IHG, has opened its new Staybridge Suites hotel in St. Petersburg, Florida. In June 2014, InterContinental Hotels Group, or IHG, has opened the Holiday Inn Express Cabo San Lucas hotel with 94 rooms. In June 2014, InterContinental Hotels Group PLC has opened its first EVEN Hotels property, located at 426 Main Avenue in Norwalk, Connecticut. A calming, open design sets the tone for a restful environment that is essential to maintain balance. In June 2014, InterContinental Hotels Group has opened a new Holiday Inn Express Hotel & Suites in Calgary, Alberta. In July 2014, InterContinental Hotels Group announced that its second property, located in Rockville, Maryland at 1775 Rockville Pike, is officially open. EVEN Hotels is IHG's newest lifestyle hotel brand, created with wellness at its core and designed to help travelers Eat Well, Rest Easy, Keep Active and Accomplish More. In July 2014, InterContinental Hotels Group, or IHG, has opened Holiday Inn Express Bali Raya Kuta in Indonesia. In August 2014, InterContinental Hotels Group Plc (IHG) has announced that its Hotel Indigo brand has opened its first hotel in Cleveland. In September 2014, InterContinental Hotels Group has signed a management agreement with Tsemex Hotels and Business Plc to develop Crowne Plaza Addis Ababa. History InterContinental Hotels Group PLC was founded in 1967.

 

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ICHGF

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Valuation ICHGF Industry Range
Price/Earnings 35.7x
Price/Sales 5.0x
Price/Book NM Not Meaningful
Price/Cash Flow 26.0x
TEV/Sales 5.0x
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