We came across a bullish thesis on InterContinental Hotels Group PLC (IHG) on Substack by Lux Opes Research. In this article, we will summarize the bulls’ thesis on IHG. InterContinental Hotels Group PLC (IHG)’s share was trading at $120.56 as of March 6th. IHG’s trailing and forward P/E were 31.29 and 24.10 respectively according to Yahoo Finance.
The lobby of a busy hotel, with guests checking in and a staff member welcoming them.
Intercontinental Hotels delivered a strong full-year 2024 performance, achieving 7% revenue growth, a 3% increase in RevPAR, and healthy net unit growth of 4.3%, demonstrating resilience despite broader market volatility. While the final dividend slightly missed expectations, the company…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
Read moreDetails
Comprehensive Summarization: South Korea has joined a coalition of countries, including China, Russia, Singapore, Japan, the UK, Thailand, and others,...
Read moreDetails
