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(IHG) InterContinental Hotels Group General Share Chat

Discussion in 'General Share Chat' started by Microem1, Nov 10, 2015.

  1. Microem1

    Microem1 Administrator

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    (IHG) InterContinental Hotels Group General Share Chat
     
  2. ShortTracker

    ShortTracker Auto Post Alert

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  3. ShortTracker

    ShortTracker Auto Post Alert

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  5. Mongoose82

    Mongoose82 A Legendary Member

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    Read Panmure Gordon & Co's note on INTERCONTINENTAL HOTELS GROU (IHG), out this morning, by visiting https://www.research-tree.com/company/GB00BN33FD40

    "IHG released a Q1 trading update showing a slowdown in RevPAR growth to +1.5%. While this is partially due to the distortion of Easter timing and so should reverse in Q2, several markets are also subdued by weak oil markets (management says). More rooms were removed (8k) than added (5k) which needs further explanation but the company reported solid growth in net system size + 2.7% (742k rooms) and pipeline continues to build with 15K rooms signed bringing the pipeline to 220k with 45% under construction. With the $1.5bn cash return imminent, our..."
     
  6. Mongoose82

    Mongoose82 A Legendary Member

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    AlphaValue's note on from this morning: https://www.research-tree.com/company/GB00BN33FD40

    "The weak oil market weighed on the strong US market, deceleration in RevPAR growth in its Q1-16 results, IHG posted a low 1.5% rise in RevPAR at CER (vs +5.9% in Q1-15) in part attributable to the negative impact of weak oil markets and the earlier timing of Easter (in the Americas and Europe notably) in several IHG markets. Prices were up by 1% while occupancy rose modestly (+0.3%). A significant deceleration was seen in the Americas, which recorded a 1.9% rise in RevPAR (occupancy level at c.65%) despite record levels of ..."
     

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