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InterContinental Hotels ( (GB:IHG) ) has issued an update.
InterContinental Hotels Group PLC (IHG) announced its full-year results for 2024, highlighting a proposal for a 10% increase in its final dividend compared to the previous year. This reflects a strong financial performance and confidence in its future prospects. The dividend increase underscores IHG’s commitment to returning value to its shareholders and reinforces its competitive position in the global hospitality industry. The announcement also included information about IHG’s webcast presentation for analysts and shareholders, emphasizing the company’s transparency and engagement with its stakeholders.
More about InterContinental Hotels
IHG Hotels & Resorts is a global hospitality company that operates a family of 19 hotel brands and one of the world’s largest hotel loyalty programs, IHG One Rewards. The company manages over 6,600 hotels in more than 100 countries and has a development pipeline of over 2,200 properties. IHG’s portfolio includes brands across luxury, premium, essentials, and suites categories, such as Six Senses, InterContinental, Holiday Inn, and Candlewood Suites. Headquartered in the UK, IHG employs approximately 385,000 people worldwide.
YTD Price Performance: 5.64%
Average Trading Volume: 358,079
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £16.6B
For detailed information about IHG stock, go to TipRanks’ Stock Analysis page.
