Core Viewpoint - The article discusses the recent trend of foreign hotel brands, particularly in China, facing challenges and withdrawing from the market, with local brands taking over these properties. This reflects broader issues within the hospitality industry, including financial pressures on property owners and changing market dynamics. Group 1: Recent Developments in Hotel Brand Withdrawals - The Westin Hotel in Xiamen has been delisted, raising questions about compensation for guests with reservations [2][4] - Three Hyatt hotels in Jiangsu, previously under Suning Group, have also been delisted and rebranded as Suning Galaxy International Hotels [8][11] - The Grand Hyatt in Nanchang will stop using the Hyatt brand and is expected to be taken over by a local chain, Walton Hotels [13][14] Group 2: Broader Trends in the Hospitality Industry - The article notes a significant increase in hotel brand withdrawals this year, with both the highest Hyatt and highest Huayi hotels being delisted [20][21] - Many of the delisted hotels are owned by real estate companies facing financial difficulties, indicating a trend of downsizing and cost-cutting in the industry [22][23] - Since 2020, numerous foreign luxury hotels have been put up for sale, but many have not found buyers, leading to a situation where high-end properties are available but not sold [25][26] Group 3: Financial Pressures and Management Costs - The management fees for foreign hotel brands have become burdensome for property owners, contributing to the trend of delisting [29][30] - There is a growing disparity between the expectations of brand owners and property owners, with the latter prioritizing cash flow over brand prestige [32][33] - Local hotel management teams offer lower costs and more flexible processes, making them attractive alternatives for property owners [34][35] Group 4: Future Prospects for Foreign Hotel Brands - Despite the challenges, there is still potential for growth for international hotel brands in China, as indicated by new openings in promising locations [39][40] - Foreign brands are increasingly targeting the mid-range and affordable luxury markets to adapt to economic fluctuations and broaden their customer base [43][44] - The focus is shifting from merely being a city landmark to ensuring profitability and customer service, with a need for brands to balance costs and market expectations [48][49]

Core Insights - InterContinental Hotels Group (IHG) has launched its new lifestyle hotel brand, Atwell Suites, in Greater China, with the first hotel opening in Shanghai, focusing on a "refined lifestyle" concept aimed at creating high-quality stay experiences for lifestyle enthusiasts [1][12] - The brand emphasizes a shift in consumer travel preferences from "destination check-ins" to "living destinations," catering to younger travelers seeking authentic and comfortable living spaces that reflect local culture [1][12] Brand Concept - Atwell Suites embodies the philosophy of "building a refined lifestyle," integrating local inspiration into the travel experience, with a focus on style and taste reflected in the details [1][4] - The hotel design promotes a "home-like" comfort through warm spaces, high-quality amenities, and inspiring features, creating a sense of belonging for guests [4][6] Smart Features - The hotel is equipped with a comprehensive smart home control system, allowing guests to adjust temperature and lighting via voice control, enhancing the overall stay experience [4][12] - Additional amenities include a multifunctional fitness and laundry space, providing a social and recreational area for guests [4][7] Local Collaboration - Atwell Suites collaborates with lifestyle store "Fangyan" to incorporate local culture and sustainable products into the guest experience, enhancing the aesthetic quality of everyday items [5][12] - The on-site B.N.B restaurant offers a semi-open dining space with creative dishes and craft beverages, fostering a neighborhood social atmosphere [5][11] Market Positioning - Atwell Suites targets young consumers who value individual expression and quality living, aiming to establish a competitive advantage in the lifestyle hotel market [12] - The brand balances high quality with cost efficiency, attracting owners and partners through a favorable investment model [12] Strategic Expansion - The launch of Atwell Suites marks IHG's strategic expansion in the refined lifestyle travel sector, celebrating 50 years in Greater China [12] - Future plans include expanding into first-tier and emerging cities, leveraging IHG's global brand influence and extensive membership network to attract a new generation of lifestyle-focused travelers [12]

Core Insights - InterContinental Hotels & Resorts is enhancing guest experiences by integrating local culture and culinary artistry through the "Blooming Like Summer Flowers" event, featuring renowned cultural interpreter Li Ai [2][7][16] - The event aims to create memorable moments for travelers by combining taste, culture, and emotion, showcasing the essence of the ancient city of Xi'an [2][7][16] Event Details - The "Blooming Like Summer Flowers" themed dinner took place on August 26 at the Xi'an High-tech InterContinental Hotel, highlighting the cultural richness of the city [7][15] - The dinner featured ten chefs and mixologists from the Greater China region, presenting a multi-course menu that reflects local flavors and cultural narratives [9][18] Culinary Experience - Dishes included a variety of regional specialties such as lychee dried scallops, smoked lamb, and traditional desserts, each telling a unique story of the city [9][17] - The dining experience is designed to evoke emotional resonance and cultural appreciation among guests, transforming each meal into a memorable occasion [16][18] Brand Philosophy - InterContinental Hotels & Resorts emphasizes the importance of culinary experiences in shaping guests' perceptions of luxury travel, aiming to create deep connections with local culture [18] - The brand is committed to continuous innovation in dining experiences, with plans to upgrade breakfast and executive lounge offerings across over 60 hotels in the Greater China region [17][18] Company Growth - The company celebrates its 50th anniversary in China, currently operating 61 hotels and with 32 more under construction, reinforcing its commitment to providing authentic and meaningful travel experiences [18]

Core Insights - The international hotel groups are experiencing robust global growth, but the Greater China region is showing a decline in performance [1][13]. Group 1: Marriott International - In Q2 2025, Marriott's global hotel revenue increased by 5% to $6.74 billion, with RevPAR at $136, up 1.5% year-over-year [2][4]. - In Greater China, RevPAR decreased by 0.5% to $80.06, while occupancy rose by 0.5 percentage points to 68.6% [3][4]. Group 2: InterContinental Hotels Group (IHG) - IHG's global RevPAR was $91.45, a 0.3% increase, with occupancy at 69.7%, down 0.2 percentage points [4]. - In Greater China, all key metrics declined: RevPAR fell by 3% to $40.49, occupancy decreased to 60%, and ADR dropped by 2.9% to $67.51 [4][5]. Group 3: Hilton Worldwide - Hilton reported a global revenue of $3.14 billion, a 6% increase, with RevPAR at $121.79, down 0.5% [5][6]. - The Asia Pacific region showed a slow recovery, with China underperforming compared to Southeast Asia [6][20]. Group 4: Hyatt Hotels - Hyatt's global RevPAR was $151, up 1.6%, with occupancy at 73.1%, an increase of 0.5 percentage points [7][9]. - In Greater China, RevPAR increased by 2.1% to $85, while ADR decreased by 3.1% to $117 [9]. Group 5: Wyndham Hotels & Resorts - Wyndham's net income reached $87 million, a 1% increase, with global RevPAR at $47.55, down 3% year-over-year [10][11]. - The Chinese market faced challenges, with RevPAR declining by 8% [11][12]. Group 6: Market Challenges in Greater China - The decline in performance for international hotel brands in China is attributed to external factors such as tightened government budgets and increased competition from domestic hotels [15][16]. - Domestic hotels are enhancing service quality and competitive pricing, impacting international brands' market share [17][18]. Group 7: Strategies for Recovery - International hotel groups are focusing on expanding their presence in China and adapting to local market preferences [19][20]. - Strategies include leveraging social media for marketing, enhancing customer engagement through localized loyalty programs, and integrating local cultural elements into service offerings [20].

Group 1 - The individual has nearly two decades of experience in the logistics sector and a decade in stock investing and macroeconomic analysis, focusing on ASEAN and NYSE/NASDAQ stocks, particularly in banks, telecommunications, logistics, and hotels [1] - Since 2014, the individual has been trading on the Philippine stock market, initially investing in blue-chip companies and now diversifying across various industries and market capitalizations [1] - The individual entered the US market in 2020, gaining insights through a relative's trading account before opening their own, and has been using analyses from Seeking Alpha to compare with the Philippine market [1]

Core Insights - InterContinental Hotels Group reported a total revenue of $2.519 billion for the first half of 2025, representing an 8% year-on-year increase [1] - The operating profit for the same period was $623 million, showing a 19% year-on-year growth [1] Revenue Performance - Global Revenue per Available Room (RevPAR) increased by 1.8% during the reporting period [1] - The Americas market experienced a RevPAR growth of 1.4%, while the Europe, Middle East, Asia Pacific, and Africa (EMEAA) markets saw a growth of 4.1% [1] - The average daily rate (ADR) globally rose by 1.4%, and occupancy rates increased by 0.3 percentage points [1] Hotel Expansion - In the first half of 2025, the company opened 31,400 new rooms across 207 hotels, marking a historical high with a 75% year-on-year increase [1] - As of June 30, 2025, the total number of hotel rooms globally reached 999,000 across 6,760 hotels [1]

Core Viewpoint - InterContinental Hotels Group (IHG) held its Q2 2025 earnings conference call, discussing financial performance and strategic initiatives for the first half of the year [1][2]. Group 1: Company Overview - The conference call featured key executives including CEO Elie Maalouf, CFO Michael Glover, and Senior VP Stuart Ford, who led the discussion on the company's performance [3]. Group 2: Financial Performance - The company may provide forward-looking statements regarding its financial outlook, which are subject to various risks and uncertainties [4]. - IHG may also refer to non-GAAP financial measures during the call, with reconciliations available in the accompanying results announcement and SEC filings [5].

Group 1 - The company reported strong financial performance in the first half of 2025, highlighting excellent execution against its strategic framework [4] - The presentation included participation from key executives, including the CEO, CFO, and Chief Product and Technology Officer, indicating a collaborative approach to the results presentation [1] - The results announcement and supplementary data are available for download on the company's investor relations website, providing transparency and access to detailed financial information [3] Group 2 - The CEO emphasized the importance of the first half of 2025, suggesting that the period was significant for the company's growth and strategic initiatives [4] - The CFO is expected to provide detailed financial insights, indicating a structured approach to communicating financial results [4] - The company may make forward-looking statements, which are subject to various factors that could affect actual results, underscoring the dynamic nature of the hospitality industry [2]

SECURITIES AND EXCHANGE COMMISSION Washington DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 AND 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For 07 August 2025 InterContinental Hotels Group PLC (Registrant's name) 1 Windsor Dials, Arthur Road, Windsor, SL4 1RS, United Kingdom (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F Form 40-F EXHIBIT INDEX 99.1 Half-year ...

Financial Data and Key Metrics Changes - RevPAR grew by 1.8%, indicating strong performance across geographic regions and brand depth [7] - Gross system growth was 7.7% and net system growth was 5.4%, driven by significant development activity and record openings [7] - EBIT increased by 13% and adjusted EPS grew by 19% [8] - The company has completed 47% of its $900 million share buyback program, with total returns to shareholders exceeding $1.1 billion this year [8] Business Line Data and Key Metrics Changes - The Americas fee revenues decreased by approximately 1% despite a 1.5% RevPAR growth and 1.5% adjusted net unit growth [11] - Openings in the Americas increased by 40% year-over-year, contributing to future fee growth [25] Market Data and Key Metrics Changes - The company reported a constructive outlook for US demand and growth, with stable inflation and interest rates [15] - In China, the economy is believed to be bottoming out, with GDP growth of about 5% in Q2 and improved RevPAR trends expected in the back half of the year [67][69] Company Strategy and Development Direction - The company is focused on expanding its luxury and lifestyle collection, with significant growth in branded residential properties [32] - Investments in technology and operational efficiencies are ongoing, with a focus on AI and shared services to enhance scalability and cost management [54][96] - The company aims to continue growing both new builds and conversions, with a strong pipeline of openings and signings [110] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year profit and EPS consensus, despite uncertainties in the short term [15][87] - The outlook for the US hospitality market remains positive, with expectations of continued demand growth [15] - The company is optimistic about the long-term prospects in China, anticipating a recovery in RevPAR trends [67][69] Other Important Information - The company has seen a significant increase in loyalty program enrollments, which is expected to drive future revenue growth [108] Q&A Session Summary Question: Current trading outlook for Q3 and Q4 - Management noted that uncertainties from earlier in the year are subsiding, and they are comfortable with full-year profit and EPS consensus [15][16] Question: Explanation for the decline in Americas fee revenues - Management attributed the decline to high-fee hotels exiting the system and ongoing renovations, but expressed confidence in future fee growth as new hotels ramp up [21][22][25] Question: Insights on branded residential contributions - Management highlighted the growth trajectory in branded residential, with significant demand and early cash flow from sales [32] Question: Technology investment focus - Management emphasized ongoing investments in technology, particularly in PMS and RMS systems, to enhance operational efficiency [35][39] Question: Update on the Garner brand - Management reported strong progress with the Garner brand, with 51 hotels open and a robust pipeline for future growth [80] Question: On the Books revenue visibility - Management indicated that short booking windows make it challenging to provide long-term visibility, but they remain comfortable with current consensus expectations [86][87] Question: Cost savings and margin performance - Management confirmed disciplined cost management practices and expected continued margin expansion through cost savings and ancillary revenue growth [98][99]