InterContinental Hotels ( (GB:IHG) ) just unveiled an announcement.
InterContinental Hotels Group PLC announced that Byron Grote, a Non‑Executive Director, has acquired a total of 500 American Depositary Receipts (ADRs) in the company. This acquisition, conducted on the New York Stock Exchange, reflects a significant personal investment by a senior figure in the company, potentially indicating confidence in the company’s future prospects and stability.
More about InterContinental Hotels
InterContinental Hotels Group PLC is a prominent player in the hospitality industry, primarily offering hotel and resort services on a global scale. The company focuses on providing luxury accommodations and operates several well-known hotel brands, catering to both business and leisure travelers worldwide.
YTD Price Performance: -0.54%
Average Trading Volume: 374,330
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £15.6B
Find detailed analytics on IHG stock on TipRanks’ Stock Analysis page.