Group 1 - The hotel and accommodation sector is expected to be one of the biggest winners this year, showing signs of recovery after disruptions over the past five years [1] - The growth in the hotel industry is driven by "revenge travel," indicating a resurgence in consumer demand for travel and accommodations [1] - The analyst has extensive experience in logistics and stock investing, focusing on various sectors including banks, telecommunications, logistics, and hotels, particularly in the ASEAN and US markets [1] Group 2 - The analyst has been trading in the Philippine stock market since 2014, initially focusing on blue-chip companies and later diversifying investments across different industries and market capitalizations [1] - The analyst entered the US market in 2020 and has been using analyses from Seeking Alpha to compare with the Philippine market [1]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: InterContinental Hotels (IHG) - IHG currently holds a Momentum Style Score of B, indicating potential for solid momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Performance Metrics - IHG shares have increased by 3.36% over the past week, outperforming the Zacks Hotels and Motels industry, which rose by 0.62% [6] - Over the past month, IHG's stock price has changed by 6.92%, compared to the industry's 3.94% [6] - In the last quarter, IHG shares have risen by 18.32%, and over the past year, they have gained 38.26%, while the S&P 500 has only moved 4.45% and 25.58%, respectively [7] Trading Volume - IHG's average 20-day trading volume is 102,521 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - Recent earnings estimate revisions for IHG show 2 estimates moving higher for the full year, with the consensus estimate increasing from $5.04 to $5.05 [10] - For the next fiscal year, 2 estimates have also moved upwards, with no downward revisions noted [10] Conclusion - Given the positive performance metrics and earnings outlook, IHG is recommended as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [12]

Group 1 - The article emphasizes the lack of discussion regarding major brands on investment websites, particularly highlighting Marriott International [1] - PropNotes focuses on identifying high-yield investment opportunities for individual investors, simplifying complex concepts and providing actionable advice [1] - The analysis produced by PropNotes aims to assist investors in making informed market decisions, supported by expert research [1] Group 2 - The analyst has disclosed a beneficial long position in IHG shares, indicating personal investment interest [2] - The article expresses the author's opinions without any compensation from companies mentioned, ensuring an unbiased perspective [2] - Seeking Alpha clarifies that past performance does not guarantee future results and that the views expressed may not represent the platform as a whole [3]

Group 1 - The article emphasizes a long-term, buy-and-hold investment strategy focused on stocks that can consistently deliver high-quality earnings, particularly in the dividend and income sectors [1] - The author shares insights on various US and Canadian stocks through 'The Compound Investor' and predominantly UK stocks on 'The UK Income Investor' [1] Group 2 - There is no disclosure of any stock, option, or similar derivative positions in the companies mentioned, nor any plans to initiate such positions in the near future [2] - The article reflects the author's personal opinions and is not influenced by any compensation from companies mentioned [2]

Core Insights - Kimpton's annual Culinary + Cocktail Trend Forecast for 2025 highlights innovative ingredients and techniques shaping global restaurant and bar menus, emphasizing a blend of traditional and modern culinary influences [1][2][4] Culinary Trends - **Ingredients on the Rise**: Black tahini will be featured in various dishes, while chili crunch fusions will combine global flavors for unique toppings [2][3] - **Salted Egg Yolk**: This ingredient will be used in diverse dishes, enhancing umami flavors in items like creamy pasta and salads [3] - **Elevated Snacking**: New snacking trends will include Middle Eastern-inspired mezze platters and seafood-focused shareable boards [3] - **Korean Cuisine**: Dishes like Kimchi Eggs Benedict will merge Korean flavors with American comfort food [3] - **Southeast Asian Influence**: Filipino, Burmese, and Indonesian cuisines will inspire a variety of menu items across the U.S. [3] - **Oil Exploration**: Chefs will focus on the unique qualities of various oils, enhancing the flavor profiles of dishes [3] Cocktail/Beverage Trends - **Super Juice**: Bartenders will use acid correction techniques to mimic unavailable flavors in cocktails [4] - **Vegan Clarified Milks**: Non-dairy milks will be incorporated into cocktails, providing creamy textures [4] - **Freeze-Dried Powders**: This technique will enhance flavors and textures in beverages, promoting zero waste [4] - **Transformative Techniques**: Bartenders will experiment with sous vide and forced carbonation to create innovative drinks [4] - **Reimagined Classics**: Classic cocktails like Martinis and Midori Sours will see new ingredient variations [4] - **Non-Alcoholic Options**: The trend towards non-alcoholic beverages will continue, featuring well-composed drinks with botanical ingredients [4] Dining Experience Trends - **Newstalgia**: A blend of retro and modern influences will shape menu items and dining experiences, incorporating playful twists on classic dishes [7] - **Sound Immersion**: Restaurants will enhance the dining experience through curated playlists and soundscapes, creating a more engaging atmosphere [7]

Core Viewpoint - The investment outlook for InterContinental Hotels Group (NYSE: IHG) is positive, driven by strong EPS expectations, demand momentum, and effective management execution [1]. Group 1: Investment Strategy - The investment approach focuses on long-term investments while also identifying short-term opportunities to generate alpha [1]. - The analysis is based on a bottom-up methodology, assessing the fundamental strengths and weaknesses of individual companies [1]. - The investment horizon is medium to long-term, targeting companies with solid fundamentals, sustainable competitive advantages, and growth potential [1].

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 (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 ...

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 ...

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 ...