InterContinental Hotels Group delivered accelerating 1Q26 RevPAR growth, beating consensus and supporting a positive operational outlook. IHG's pipeline is increasingly weighted toward luxury and premium properties, driving higher fee revenue and margin expansion. Despite macro concerns, IHG sees no US demand slowdown; robust cash generation supports strong dividend growth and buybacks.
Investors should check in for further gains at Intercontinental Hotels Group PLC (LSE:IHG), analysts at JPMorgan suggest, arguing the hotel operator's loyalty scheme is becoming a far more powerful earnings driver than many realise. The Holiday Inn and Crown Plaza owner is the bank's "highest-conviction" leisure sector pick.
Intercontinental Hotels Group NYSE: IHG reported a strong first-quarter trading update, with executives pointing to broad-based revenue per available room growth, continued development momentum and resilience from the hotel operator's global footprint despite disruption in the Middle East.
InterContinental Hotels Group PLC (IHG) Q1 2026 Sales/Trading Call Transcript
InterContinental Hotels Group PLC (IHG) Q4 2025 Earnings Call Prepared Remarks Transcript
The owner of the Holiday Inn and Crowne Plaza chains said higher profit and revenue in 2025 was supported by expansion in key markets.
InterContinental Hotels has done a good job of rebounding from the COVID-19 pandemic. However, competitors like Marriott and Hilton have also seen strong growth.
Here is how InterContinental Hotels (IHG) and Adtalem Global Education (ATGE) have performed compared to their sector so far this year.
InterContinental Hotels Group PLC (NYSE:IHG ) Q3 2025 Sales Call October 23, 2025 4:30 AM EDT Company Participants Stuart Ford - Senior VP & Head of Investor Relations Michael Glover - CFO & Executive Director Elie Maalouf - CEO & Executive Director Conference Call Participants Jamie Rollo - Morgan Stanley, Research Division Leo Carrington - Citigroup Inc., Research Division Estelle Weingrod - JPMorgan Chase & Co, Research Division Jarrod Castle - UBS Investment Bank, Research Division Alex Brignall - Rothschild & Co Redburn, Research Division Kate Xiao - BofA Securities, Research Division Andre Juillard - Deutsche Bank AG, Research Division Presentation Operator Hello, everyone, and welcome to today's IHG Third Quarter Trading Update Call. My name is Seb, and I'll be the operator for your call today.
InterContinental Hotels Group PLC (NYSE:IHG ) 2025 BofA Gaming, Lodging & Leisure Conference September 3, 2025 8:00 PM EDT Company Participants Elie Maalouf - CEO & Executive Director Conference Call Participants Muneeba Kayani - BofA Securities, Research Division Presentation Muneeba Kayani Director & Head of EMEA Transport Thank you, Sean, for that introduction. So as Sean said, I'm Muneeba Kayani.
Shares of InterContinental Hotels Group PLC have clocked in a fairly subdued return since my last piece in November, underperforming the broader market. Concerns surrounding demand in the important U.S. market may be to blame, with tariff fears contributing to a relatively muted RevPAR performance in Q2. On the flip side, system growth remains strong and RevPAR trends appear more resilient elsewhere. As a result, earnings have continued to grow at a strong double-digit rate.
IHG demonstrates robust topline growth and margin expansion, driven by its asset-light, fee-based model and global diversification, despite macroeconomic headwinds. Strong free cash flow, prudent debt management, and a healthy balance sheet support dividend longevity and provide a solid liquidity buffer. Valuation metrics (P/E, P/S, P/FCF, DDM) indicate IHG is trading at a discount, offering reasonable upside potential from current levels.