InterContinental Hotels (IHG)

• Market cap: $17.8B
• 1 day: -0.99%
• 5 days: -6.48%
• 1 month: -16.51%
• 3 months: -10.98%
• 6 months: 11.21%
• Year to date: -8.12%
• 1 year: 4.95%
• 5 years: 167.80%
• 10 years: 117.24%
• Sector: Consumer Discretionary
• Industry: Hotels & Motels

About: InterContinental Hotels Group operates 946,000 rooms across 19 brands addressing the midscale through luxury segments, as of Dec. 31, 2023. Holiday Inn and Holiday Inn Express constitute the largest brand, while Hotel Indigo, Even, Hualuxe, Kimpton, and Voco are newer lifestyle brands experiencing strong demand. The company launched a midscale brand, Avid, in 2017 and closed on a 51% stake in Regent Hotels in 2018. It acquired Six Senses in 2019 and launched another midscale brand, Garner, in 2023. Managed and franchised represent 99% of total rooms. As of Dec. 31, 2023, the Americas represented 55% of total rooms, with Greater China accounting for 19% and Europe, Asia, the Middle East, and Africa making up 26%.

Employees: 385,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

76% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 25

43% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 60

10% more capital invested

Capital invested by funds: $1.51B [Q3] → $1.66B (+$154M) [Q4]

8% more funds holding

Funds holding: 210 [Q3] → 227 (+17) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

0.15% less ownership

Funds ownership: 8.55% [Q3] → 8.4% (-0.15%) [Q4]