Should You Invest In InterContinental Hotels Group PLC?

Founded in 1977, the InterContinental Hotel Group has more than 200 years of experience in the hospitality industry. Operating internationally, the company has its headquarters in Denham in the UK. It owns and manages hotels globally in the Americas, the Middle East, Greater China, Africa, Europe, and Asia. Apart from owning and managing hotels, IHG® also leases and franchises hotels across the world. The company focuses on leisure and restaurants when scoping possible acquisitions. In 2019, IHG® acquired the Six Senses Hotels Resorts Spas. IHG® emphasizes associations with well-known brands. These include InterContinental Hotels & Resorts, Regent, Kimpton Hotels & Restaurants, EVEN HOTELS, Crowne Plaza, and Holiday Inn. The company rewards frequent visitors with IHG club points and benefits through hotel loyalty programmes. The InterContinental Hotel Group owns approximately 5,991 hotels globally as of March 2022, operating and managing 880,327 rooms across these hotels. Their hotel portfolio is spread out throughout the world, with hotels found in over 100 countries across the globe. IHG® employs 350,000 members of staff in their hotels, supplying customer needs. IHG® trades on the London Stock Exchange. It is identified under the IHG ticker, similar to its registered trademark. Monitor the IHG chart as an option for your virtual portfolio with the eToro watchlist.