InterContinental Hotels Group

InterContinental Hotels Group Plc owns and operates hotels. The firm's hotel brands include: InterContinental, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites, EVEN Hotels, IHG Rewards Club, Kimpton and HUALUXE Hotels and Resorts. It operates through the following segments: Europe, Middle East, Asia and Africa, Americas, Greater China and Central. The company was founded in 1777 and is headquartered in Denham, the United Kingdom.

InterContinental Hotels Group Plc is a global hospitality company. The firm's hotel brands include Six Senses, Regent, Intercontinental, Vignette, Kimpton, Hotel Indigo, Voco, Hualuxe, Crowne Plaza, Iberostar, Even, Holiday Inn Express, Holiday Inn, Garner, Avid, Atwell Suites, Staybridge Suites, Holiday Inn Club Vacations, Candlewood, and IHG One Rewards. It operates through the following segments: Europe, Middle East, Asia and Africa, Americas, Greater China, and Central. The company was founded in 1777 and is headquartered in Denham, the United Kingdom.

The hotels group is cash flow positive again, with ample liquidity. I show how Chinese revenue recovery suggests a post-vaccine recovery across the broader business.

InterContinental Hotels: The Future Is In Sight

ATLANTA, Dec. 14, 2020 /PRNewswire/ -- In 1960, the soulful, Georgia-born singer Ray Charles hit the Billboard Hot 100 for the first time with the song "Georgia On My Mind." To this day, that iconic tune is one of his most-loved recordings. Fast forward to present day, and Georgia, it...

IHG Hotels & Resorts and Explore Georgia invite visitors to go beyond the headlines, Where True Hospitality meets Southern Hospitality

American Airlines

Choice Hotels Int.

Delta Air Lines

Hyatt Hotels

Hilton Worldwide Holdings

JetBlue Airways

Southwest Airlines

Marriott

MGM Resorts

Madison Square Garden

Park Hotels & Resorts

Red Lion Hotels

Extended Stay America

United Continental Hlds

Marriott Vacations Worldwide

Wyndham Hotels & Resorts Inc

Wyndham Destinations Inc

Services company stocks, especially those linked to travel and leisure, have room to rocket higher next year as consumers venture out again after spending on goods but cutting back on services during the pandemic, hedge fund manager Dinakar Singh said.

Axon Capital's Singh sees vaccine boosting travel, entertainment stocks

Carnival

Norwegian Cruise Line

Royal Caribbean Cruises

Airline, hotel, and cruise stocks surged in early Monday trading as Moderna's encouraging vaccine trial results spurred fresh optimism for an end to the coronavirus pandemic. The biotech company announced Monday morning that its experimental coronavirus vaccine was 94.5% effective at preventing COVID-19 in a preliminary analysis. The update comes one week after Pfizer and BioNTech revealed similarly positive results from early trials of their own vaccine. While both candidates still need to receive approval from the US Food and Drug Administration, their supposed effectiveness suggests a nationwide rollout could come in 2021. 

Travel stocks rally after Moderna's vaccine progress lifts hopes for near-term reopening

Even if a coronavirus vaccine is released next year, the battered lodging industry will take several years to recover.

The hotel industry may not recover until 2023

Booking Hlds

Expedia

TripAdvisor

Everything's up in the air right now. Health experts have long warned us not to get too excited about vaccine trials before the full range of data can be examined, but investors in the travel industry are doing just that.

Airline, hotel, and travel stocks poised for Monday rally on Pfizer vaccine news

ATLANTA, Oct. 28, 2020 /PRNewswire/ -- As travel resumes, mitigated by robust industry efforts around cleanliness and safety, IHG Hotels & Resorts, which includes brands such as Holiday Inn, InterContinental, Crowne Plaza, Staybridge Suites and Kimpton, is seeing gains in group business...

IHG Hotels & Resorts shares new data showing sports and entertainment leading the comeback for group travel

The Covid-19 pandemic has wreaked havoc on the hotel industry. Thom Geshay, president of Davidson Hotels & Resorts, shares predictions of what it will take, and when, for a full recovery.

Insider View: When Will The Hotel Industry Recover?

Intercontinental Hotels Group PLC (LON: IHG), which owns hotel brands such as Holiday Inn and InterContinental, reported a decline in revenues in Q3 as coronavirus continues to batter the hospitality industry.   Fundamental analysis: Covid-19 creates havoc After the breakout in March, the majority of hospitality companies saw a significant slump in revenues due to travel restrictions and lockdown measures, including IHG.

Holiday Inn: IHG stock price tumbles as Covid-19 hurts hotel bookings

Holiday Inn parent says worst of crisis is behind it: Barron's on MarketWatch

The hotel industry is crumbling -- and Uncle Sam may not be coming to the rescue.

Hotel workers and CEOs are furious with Congress for failing to help

Disney

Been on a plane lately? If, like many of us, the answer is no, you’re probably part of the reason the airline and travel industry’s Q3 earnings prospects remain grounded.

Turbulent Travel Quarter: Airlines And Hotels Struggle As Disney Shakes Up Structure

Don't Buy InterContinental Hotel Group Just Yet

Business travelers have historically generated more than half, and in some cases as much as 75% of carriers’ profits. Deepening pessimism over when they'll hit the road again has profound implications for airlines.

Business Travel Demand Won’t Bounce Back In 2021, And Maybe Not For Years

ATLANTA, Oct. 1, 2020 /PRNewswire/ -- 'Staycation' was undoubtedly the travel buzzword of 2020. With travel restrictions limiting people jetting off to far-flung destinations for some of the summer months this year, Americans looked to explore what was on their very own doorstep more so...

IHG Hotels & Resorts reveals new data about the U.S. summer vacation in 2020

Not one to beat around the bushes, “Bloomberg Surveillance” host Tom Keene has a simple question for hotel and hospitality analyst Tuna Amobi: “how bad is it?” ‘Eye of the storm’ The global COVID-19 pandemic ushered in a near global-wide shutdown of travel and this put the hotel industry in the “eye of the storm,” Amobi, an analyst with research firm CFRA said.

Hotel analyst answers what everyone is asking: ‘how bad is it?’

The pandemic has upended the travel industry and different parts of the ecosystem are feeling the pain.

Pandemic pushes travel ecosystem to change course as consumer preferences pivot to home

NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC), or SVC, today announced that it will transfer the branding and management of 103 hotels to Sonesta International Hotels Corporation, or Sonesta, from InterContinental Hotels Group plc (NYSE: IHG), or IHG.

Service Properties Trust to Transfer 103 Hotels to Sonesta from IHG

Shares of both Accor and InterContinental Hotels rallied on Thursday.

These Two Companies Are Reportedly Considering A Merger To Become The Biggest Hotel Operator In The World

Shares in French hotels group Accor rose 1.9% in early trading on Thursday after Le Figaro newspaper reported that the company had examined a potential merger with British rival InterContinental Hotels.

Hotels group Accor's shares rise on report of IHG merger interest

InterContinental Hotels Group PLC (IHG) CEO Keith Barr on Half Year 2020 Results - Earnings Call Transcript

InterContinental Hotels Group (LON: IHG) expressed confidence on Tuesday that early signs of recovery in demand were starting to appear in recent weeks after months of inactivity due to the Coronavirus pandemic that resulted in an 82% decline in its profit in the fiscal first half (H1) of 2020. Its U.S. peer, Marriott International, also reported to have swung to £179.47 million of loss in fiscal Q2 on Monday.

IHG’s profit slumps 82% in the fiscal H1 due to COVID-19

NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC), or SVC, today sent a notice of event of default and termination to InterContinental Hotels Group plc (NYSE: IHG), or IHG, as a result of IHG’s failure to pay SVC approximately $8.4 million of required priority return for the month of July 2020.

Service Properties Trust Sends Notice to Terminate IHG Agreements Covering 103 Hotels

InterContinental Hotels Group (LON: IHG) said on Tuesday that the ongoing Coronavirus pandemic that has so far infected more than 300,000 people in the United Kingdom and caused over 43,500 deaths resulted in a 76% decline in average room revenue last month. The slump, however, was a slight improvement as compared to IHG’s data for April.

InterContinental Hotels reports a 76% decline in average room revenue in May

Here are three hotel stocks to buy in long-term portfolios as the travel industry continues to recover from the pandemic.p appeared first on InvestorPlace.

News for InterContinental Hotels Group Stock (IHG)