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Are You Looking for a Top Momentum Pick? Why InterContinental Hotels (IHG) is a Great Choice
ZACKS· 2025-01-29 18:05
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
Marriott International Vs. InterContinental Hotels Group: Which High-Margin Hotel Stock Is The Better Buy?
Seeking Alpha· 2025-01-16 01:25
Online, you'll see very little chatter about even the largest brands on investing websites, and here on Seeking Alpha, between Marriott International (NASDAQ:At PropNotes, we focus on finding high-yield investment opportunities for individual investors.With our background in professional Prop Trading, we make complex concepts easy to understand and offer clear, actionable advice to help you achieve better returns. All of the analysis we produce is designed to help you make smart decisions in the market, bac ...
InterContinental Hotels: Double-Digit Growth Potential Is Reflected In The Price
Seeking Alpha· 2024-11-22 21:39
I like to take a long term, buy-and-hold approach to investing, with a bias toward stocks that can sustainably post high quality earnings. Mostly found in the dividend and income section. Blog about various US/Canadian stocks at 'The Compound Investor', and predominantly UK names on 'The UK Income Investor'.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this artic ...
From Black Limes and Korean Comfort Food to Clarified Citrus Cocktails: Kimpton Unveils 2025 Culinary + Cocktail Trends
Prnewswire· 2024-11-21 15:30
Kimpton's annual forecast reveals emerging trends shaping global restaurant and bar menus for the year aheadATLANTA, Nov. 21, 2024 /PRNewswire/ -- Kimpton, part of IHG Hotels & Resorts' luxury and lifestyle portfolio, is returning with its annual Culinary + Cocktail Trend Forecast highlighting predictions from its global team of restaurant and beverage talent. From salted egg yolks and chili crunch fusions to mushroom-infused teas and freeze-dried fruit powder garnishes, Kimpton's in-house experts share the ...
InterContinental Hotels Group: Remain Confident On Growth Recovery And Capital Return Momentum
Seeking Alpha· 2024-10-29 05:48
My previous investment thought on InterContinental Hotels Group (NYSE: IHG ) (published on 7 th March) was a buy rating because of the positive EPS outlook. The demand momentum and management execution were also solid whenI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term ...
IHG(IHG) - 2024 Q2 - Earnings Call Transcript
2024-08-08 01:25
Financial Data and Key Metrics - Revenue for the fee business increased by 6% to $850 million, while operating profit for the fee business grew by 10% to $517 million [5] - Fee margin expanded by 180 basis points to 60.6% [6] - Operating profit reached over $0.5 billion, up 12%, and EPS also grew by 12% [4] - RevPAR accelerated in Q2 to 3.2%, leading to H1 growth of 3% [3] - System size grew by 4.9% gross and 3.2% net, adding 126 hotels and reaching 955,000 rooms across 6,400+ hotels [3] - Record-breaking signings of over 57,000 rooms, up 67% YoY, driven by strong brand momentum and the NOVUM Hospitality agreement [4] Business Line Performance - Fee business revenue increased by 6% to $850 million, with operating profit up 10% to $517 million [5] - Conversion opportunities represented over half of all signings, contributing to the strong growth in signings [4] - New build signings increased by 23%, reflecting improved developer confidence [13] - The Garner brand added 15 signings, with projections to reach over 500 hotels in the next 10 years [14][36] Market Performance - Americas RevPAR grew by 3.3% in Q2, with the U.S. up 2.5% and Canada, Latin America, and the Caribbean up 9.4% [8] - EMEAA region delivered RevPAR growth of 6.3% in Q2, with the U.K. up 2.5%, Continental Europe up 4.8%, and the Middle East up 9% [9] - Greater China saw a 2.5% RevPAR growth in Q1, but it eased to a 7% reduction in Q2 due to tougher comps [9] - Asia Pacific markets were particularly strong, with double-digit growth driven by outbound tourism from China [9] Strategy and Industry Competition - The company is focused on expanding its brands in high-value and high-growth markets, with a record-breaking 57,000 rooms signed in H1 [33] - The NOVUM Hospitality agreement doubled the company's hotel presence in Germany, one of Europe's largest hotel markets [37] - The company is investing in new formats, updated designs, and service standards to refresh existing brands and accelerate growth with newer brands [34] - Conversion signings have increased significantly, representing over half of all signings in H1 2024 [38] Management Commentary on Operating Environment and Future Outlook - The company is confident in the medium- and long-term growth outlook for China, expecting the number of middle-income households to double over the next decade [11] - Management expects full-year EPS growth to be higher than EBIT growth, in line with consensus expectations [8] - The company is on track to return over $1 billion to shareholders in 2024 through dividends and share buybacks, representing over 7% of the market cap at the start of the year [4] Other Important Information - The company declared an interim dividend of $0.532, consistent with a 10% growth rate over the last two years [4] - Free cash flow for H1 2024 was $132 million, down from $277 million in H1 2023, due to the spending down of the system fund cumulative surplus [22] - The company expects to achieve full-year system growth of around 4%, including contributions from the NOVUM rooms [13] Q&A Summary - No specific Q&A session was recorded in the provided content [74]
InterContinental Hotels Group plc (IHG) Q2 2024 Earnings Call Pre-Recorded Presentation Transcript
Seeking Alpha· 2024-08-08 01:13
InterContinental Hotels Group plc (NYSE:IHG) Q2 2024 Earnings Call Pre-Recorded Presentation August 6, 2024 3:45 AM ET Company Participants Stuart Ford - IR Elie Maalouf - CEO Michael Glover - CFO Heather Balsley - CCO Stuart Ford Hello, and welcome to IHG's 2024 Half Year Results Presentation. I'm Stuart Ford, Senior Vice President and Head of Investor Relations at IHG Hotels & Resorts. After a short video reel, I will pass over to Elie Maalouf, our Chief Executive Officer. Before we proceed, I'm obliged t ...
IHG Hotels & Resorts launches industry first 'Low Carbon Pioneers' programme as CEO calls for broader support from governments to accelerate positive change at scale
Prnewswire· 2024-07-17 13:01
LONDON, July 17, 2024 /PRNewswire/ -- IHG Hotels & Resorts, a global leader in hospitality, today announces the launch of its Low Carbon Pioneers programme, which brings together energy efficient hotels that have no fossil fuels combusted on-site* and are backed by renewable energy. This group of low operational carbon hotels is the first community of its kind in the industry and will help IHG test, learn and share findings on sustainability measures. The ambition is to inspire other properties to join the ...
IHG Hotels & Resorts launches industry first 'Low Carbon Pioneers' programme as CEO calls for broader support from governments to accelerate positive change at scale
Prnewswire· 2024-07-17 08:01
To learn more, visit our webpage here. "This is an important next step in IHG's sustainability journey but it remains one of many we must continue to take. Accelerating change at scale for both IHG and the wider industry also requires broader support from governments ranging from greater access to renewable energy and incentives for owners, to a reduction in the cost of technology that speeds up the industry's transition to a greener, more resilient future. IHG is committed to working with industry bodies a ...
InterContinental Hotels (IHG) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-06-28 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...