InterContinental Hotels Group PLC (IHG) Sector
Consumer Discretionary

(Current) $128.48
-0.12 (-0.09%) Open Price: 128.54

 

InterContinental Hotels Group PLC (IHG) is a British multinational hospitality company that operates and franchises hotels and resorts worldwide. It was founded in 2003, although its roots trace back to 1777 when William Bass established the Bass Brewery in the United Kingdom. The company's headquarters are located in Denham, Buckinghamshire, England.

 

IHG is one of the world's leading hotel companies, with a portfolio of well-known brands such as InterContinental, Crowne Plaza, Holiday Inn, and Kimpton Hotels & Restaurants. The company operates hotels across various segments, including luxury, upscale, midscale, and economy, catering to different types of travelers and their preferences.

 

The company's primary business model is based on franchising and managing hotels rather than owning them outright. IHG works closely with hotel owners and operators, providing them with a range of services and support, including marketing, sales, and reservations systems, operational guidance, and access to its global distribution network.

 

The company's strategic focus is on driving revenue growth, delivering exceptional guest experiences, and maximizing returns for its hotel owners. IHG continues to innovate and adapt to changing consumer preferences and market dynamics, leveraging technology and data to enhance its offerings and stay ahead in the highly competitive hospitality industry.

 

With its extensive network of hotels worldwide and a commitment to quality and service excellence, IHG aims to be the preferred choice for both business and leisure travelers, providing them with memorable experiences and a wide range of accommodation options across various destinations.

 



 

(12/11/24) $128.54
(12/12/24) $128.60
(12/12/24) (Qty.)160,573
(12/11/24) $128.28
(12/11/24) $128.92
(11/24/24) $124.10
(12/01/24) $131.68
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