Intercontinental Hotels Group IHG
- Market cap
- $23.1B
- P/E
- 26.8×
Follow IHG
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 38.13 | 49.49 | 53.57 | 55.14 | 25.39 | 58.74 | 47.06 | 58.37 | 89.02 | 94.78 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 55.64 | 67.39 | 72.95 | 71.02 | 69.04 | 75.20 | 71.71 | 91.63 | 131.68 | 144.96 |
High Price
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| 6,587 | 6,658 | 12,812 | 14,436 | 12,832 | 11,161 | 12,899 | 13,462 | 12,587 | 13,049 |
Employees
|
|||
| 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
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| 1,715 | 4,075 | 4,337 | 4,627 | 2,394 | 2,907 | 3,892 | 4,624 | 4,923 | 5,189 |
Revenue
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| 66.18% | 85.99% | 84.14% | 83.10% | 85.21% | 83.28% | 83.35% | 83.95% | 84.87% | 85.28% |
Gross Margin
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| 591 | 656 | 482 | 542 | (280) | 361 | 540 | 1,010 | 897 | 1,074 |
EBT
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| 34.46% | 16.10% | 11.11% | 11.71% | (11.70%) | 12.42% | 13.87% | 21.84% | 18.22% | 20.70% |
EBT Margin
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| 417 | 541 | 350 | 386 | (260) | 265 | 376 | 750 | 628 | 759 |
Net Income
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| 127 | 114 | 164 | 170 | 172 | 192 | 154 | 150 | 145 | 146 |
Depreciation
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| 8.52 | 21.11 | 22.83 | 25.28 | 13.15 | 15.89 | 21.50 | 27.36 | 30.54 | 33.61 |
Revenue/Sh
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| 2.14 | 3.23 | 1.83 | 2.10 | (1.43) | 1.45 | 2.08 | 4.44 | 3.90 | 4.91 |
Earnings/Sh
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| 3.73 | 2.99 | 3.73 | 3.57 | 0.75 | 3.48 | 3.57 | 5.28 | 4.49 | 5.82 |
Cash Flow/Sh
|
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| (1.04) | (1.12) | (0.83) | (0.98) | (0.41) | (0.04) | (0.53) | (0.49) | (0.43) | (1.28) |
Capex/Sh
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| 2.70 | 1.87 | 2.90 | 2.59 | 0.34 | 3.43 | 3.04 | 4.80 | 4.06 | 4.54 |
Free CF/Sh
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| (3.77) | (6.74) | (5.95) | (8.01) | (10.16) | (8.05) | (8.88) | (11.51) | (14.32) | (17.72) |
Book Value/Sh
|
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| 201 | 193 | 190 | 183 | 182 | 183 | 181 | 169 | 161 | 154 |
Shares
|
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| 17.67 | 23.90 | 21.78 | 21.24 | 97.21 | 4,050.31 | 16.96 | 15.36 | 21.14 | 23.83 |
PE Ratio
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| 5.12 | 6.92 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
PS Ratio
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| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
PB Ratio
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| 0.00 | 0.00 | 0.37 | 0.27 | 0.29 | 0.26 | 0.21 | 0.24 | 0.29 | 0.39 |
EV/Sales
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| 0.44 | 0.54 | 0.78 | 1.21 | 2.55 | 1.53 | 0.89 | 0.96 | 1.17 | 1.69 |
EV/FCF
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| 752 | 577 | 709 | 653 | 137 | 636 | 646 | 893 | 724 | 898 |
Op' Cash Flow
|
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| (209) | (216) | (158) | (179) | (75) | (8) | (96) | (82) | (69) | (197) |
Capex
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| 543 | 361 | 551 | 474 | 62 | 628 | 550 | 811 | 655 | 701 |
FCF
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| (356) | (417) | (34) | (449) | 376 | 442 | 134 | (61) | (59) | (51) |
Working Cap'
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| 1,712 | 2,019 | 2,014 | 2,165 | 3,767 | 2,845 | 2,396 | 3,166 | 3,274 | 4,201 |
Total Debt
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| 1,506 | 1,851 | 1,310 | 1,970 | 2,092 | 1,395 | 1,420 | 1,844 | 2,266 | 3,072 |
Net Debt
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| (759) | (1,301) | (1,131) | (1,465) | (1,849) | (1,474) | (1,608) | (1,946) | (2,308) | (2,736) |
Sh' Equity
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| 12.37% | 18.19% | 9.83% | 9.29% | (5.63%) | 5.45% | 8.40% | 16.61% | 13.14% | 15.02% |
ROA
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| 58.07% | 82.73% | 203.21% | 77.97% | (39.35%) | 0.00% | 0.00% | 0.00% | 0.00% | 222.84% |
ROIC
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| (188.18%) | (52.43%) | (28.70%) | (29.66%) | 15.69% | (16.01%) | (24.33%) | (42.21%) | (29.53%) | (30.06%) |
ROE
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Intercontinental Hotels Group peers in Lodging
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| H Hyatt Hotels Corporation | $17.1B | 184× | Compare |
| HTHT H World Group Limited Sponsored ADR | $12.9B | 17.9× | Compare |
| HLT Hilton Worldwide Holdings Inc. | $70.3B | 45.7× | Compare |
| MAR Marriott International, Inc. | $91.3B | 36.4× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| WH Wyndham Hotels & Resorts | $5.1B | 25.5× | Compare |
| CHH Choice Hotels International, Inc. | $4.5B | 14.3× | Compare |
| ATAT Atour Lifestyle Holdings Limited Sponsored ADR | $3.7B | 15.6× | Compare |
| CVEO Civeo Corporation | $341.1M | 0.0× | Compare |
Intercontinental Hotels Group (IHG) key facts
- Intercontinental Hotels Group (IHG) is a Lodging company in the Consumer Cyclical sector, traded in the US as an ADR.
- Intercontinental Hotels Group’s revenue for fiscal 2025 (year ended December 2025) was GBP 5.2 billion, up 5.40% from fiscal 2024.
- As of September 25, 2026, IHG traded at $158.16, a market capitalization of $23.1 billion.
- Intercontinental Hotels Group pays an annual dividend of $1.43 per share, a yield of 1.68%, with a payout ratio of 39.2%.
- Return on equity was −30.1% and debt-to-equity -1.39.
Intercontinental Hotels Group (IHG) Latest News
22 Sep
InterContinental Hotels Group (IHG) will launch its Noted Collection brand in Jordan through a franchise with Al Ameed Coffee. The 50-room Amman property will center on Jordan’s coffee heritage, with the first two floors housing a coffee reserve and experience centre described as an immersive food and beverage destination, and coffee-inspired design extending to guest rooms. Located on a main corridor between Amman and Queen Alia International Airport, the hotel targets premium lifestyle demand. The move expands IHG’s footprint in Jordan, where it already operates eight properties under InterContinental, Crowne Plaza and Holiday Inn Resort brands. IHG Middle East and Africa managing director Haitham Mattar said Jordan is a long-term growth market and a natural fit for Noted Collection, rooted in coffee craft, culture and ritual. The piece notes IHG also recently expanded a commercial agreement with Urban Property Group for two NSW developments in Australia. Expands premium lifestyle footprint in a growth market with a new brand concept, but impact is likely limited to a single-property addition and modest near-term pipeline.
21 Sep
IHG launches a global, social-first campaign, 'When the Host Needs Hosting,' featuring Amelia Dimoldenberg to flip the hosting dynamic and highlight hospitality. A survey by IHG and Talker finds 67% of Americans are the person who plans and cares for others, and travel can feel like work. The limited-edition 'Hosted Like A Host' experience lets IHG One Rewards members bid points for a stay at select U.S. properties (InterContinental Los Angeles Downtown, Kimpton Surfcomber Miami South Beach, Hotel Indigo Lower East Side New York) from Sept. 21 to Oct. 9. Amelia is the first in a series of hosts with content in Australia, Mexico, Europe and beyond. Follow @IHGHotels for updates; IHG operates 21 brands with over 7,000 hotels, 160 million members. Limited-scale marketing initiative with a high-profile host and a loyalty-bid stay, likely to produce modest brand engagement and selective occupancy gains.
24 Aug
InterContinental Hotels Group integrates AI search functions to increase visibility and customer reach. AI search tools deliver incremental gains in digital visibility and customer acquisition.
18 Aug
IHG held its Q2 2026 earnings call, covering quarterly results, operational metrics, and management outlook for the hotel group. Earnings call delivers financial results and guidance that can significantly shift investor views and company trajectory.
11 Aug
InterContinental Hotels Group PLC reported record development in its H1 2026 earnings call. Record development signals major strategic growth that can significantly boost IHG trajectory and investor sentiment.
Intercontinental Hotels Group anticipates continued positive momentum through the second half, supporting ongoing operational strength and market performance. Sustained positive momentum points to moderate gains in financial results and positioning without indicating transformative shifts.
Intercontinental Hotels Group held its H1 earnings call and highlighted financial results along with operational updates. H1 earnings figures and commentary can moderately shift near-term investor views and share price.
World Cup delivers revenue gains for IHG that offset losses from Iran conflict disruptions. World Cup gains and Iran conflict losses create moderately noticeable short-term revenue swings for IHG without altering long-term strategy.
28 Jul
IHG Hotels & Resorts launches AI conversational search across its digital channels to transform guest experience. AI search rollout supports digital innovation and guest services with limited expected effect on overall financial trajectory.
19 May
Centinel Public Partnerships and IHG Hotels & Resorts selected as partners for U.S. Air Force Lodging. U.S. Air Force lodging partnership delivers steady government contract revenue supporting IHG core operations.
10 May
Intercontinental Hotels Group (IHG) Q1 earnings call highlights strong revenue growth, RevPAR increases, system expansion, and positive outlook amid travel recovery. Q1 earnings highlights detail financial results and guidance that significantly shape IHG's trajectory and investor confidence.
7 May
Intercontinental Hotels Group (IHG) reported Q1 US RevPAR growth, attributing it to robust demand fundamentals. Q1 US RevPAR growth indicates solid financial performance and demand strength, moderately impacting IHG's trajectory.
23 Apr
Vinhomes Green Paradise Can Gio partners with IHG Hotels & Resorts to introduce four international hotel brands to the Coastal Mega Urban Development. Partnership deploys four IHG brands in a major Vietnamese coastal mega-project, driving significant regional expansion and revenue growth.
Intercontinental Hotels Group (IHG) signed franchise agreements for 11 hotels across Europe, including properties in the UK, Spain, Italy, and Germany under brands like Holiday Inn, Crowne Plaza, and Hotel Indigo. Franchise agreements for 11 European hotels expand IHG's room pipeline and support moderate revenue growth without fundamentally altering its trajectory.
29 Mar
InterContinental Hotels Group (LSE:IHG) narrative shifts positively amid analysts issuing mixed higher price targets, signaling improved outlook despite varied views. Mixed higher price targets reflect shifting positive narrative, moderately influencing investor sentiment and market performance.
23 Mar
Oracle Hospitality accelerates cloud expansion, spotlighting strategic advancements and future outlook for Intercontinental Hotels Group (IHG) amid digital transformation in hospitality. Oracle's cloud push represents a major strategic technology upgrade for IHG's operations, potentially boosting efficiency, guest experience, and market positioning.
12 Mar
InterContinental Hotels Group PLC (IHG) gained from strong quarterly earnings and a robust pipeline of new hotels. Strong quarterly earnings and new hotel pipeline represent major growth drivers boosting IHG's future performance and investor sentiment.
Grab Holdings Limited (GRAB) and IHG Hotels & Resorts announce a strategic partnership to integrate IHG's hotel bookings into Grab's Southeast Asia superapp platform, aiming to boost guest acquisition and loyalty through GrabRewards. Strategic partnership with Grab expands IHG's distribution in high-growth Southeast Asia markets, likely driving significant booking growth and competitive positioning.
8 Mar
Intercontinental Hotels Group (IHG) explores AI-powered property management systems that could revolutionize hotel operations and guest experiences by optimizing staffing, maintenance, and personalization. AI adoption in property management offers moderate potential to improve IHG's efficiency and competitiveness without fundamentally reshaping its market position.
25 Feb
InterContinental Hotels Group's (LSE:IHG) investment story is shifting due to new Street analyst views. New analyst views shift IHG's investment narrative with moderately noticeable influence on market sentiment and performance.
Morgan Stanley forecasts InterContinental Hotels Group (IHG) poised for stronger room revenue but slower earnings growth in 2026. Analyst prediction of stronger revenue balanced by slower earnings growth signals moderate influence on IHG's financial performance.
18 Feb
Intercontinental Hotels Group (IHG) launches a new premium hotel brand targeting upscale travelers, expanding its portfolio with innovative luxury offerings. New premium brand launch is a major strategic move enhancing IHG's competitive positioning and growth prospects in the luxury hotel segment.
Intercontinental Hotels Group (IHG) launched a new collection brand in Q4, capitalizing on strong conversion momentum to expand its portfolio. New collection brand launch represents a major strategic expansion in conversions, boosting IHG's growth and competitive positioning.
17 Feb
InterContinental Hotels Group PLC (IHG) reported record growth in its Full Year 2025 earnings call highlights. Record growth in FY2025 earnings signals major strategic success and boosts IHG's market performance outlook.
InterContinental Hotels Group (IHG) released H2 earnings call highlights, covering financial performance, revenue growth, expansion plans, and outlook amid market recovery. H2 earnings highlights reveal core financial results and strategic updates that significantly shape IHG's market trajectory and investor sentiment.
Intercontinental Hotels Group (IHG), owner of Holiday Inn, opened 443 hotels as sales grew despite turbulent market conditions. Opening 443 hotels amid sales growth in turbulent conditions represents major expansion driving significant long-term performance gains.
InterContinental Hotels Group posted higher revenue despite a tough U.S. market. Higher revenue amid U.S. challenges signals moderate positive influence on financial performance without fundamentally altering trajectory.
13 Feb
Keith Barr has been appointed as the new CEO of CarMax, focusing on enhancing digital capabilities and customer experience. His leadership is expected to drive significant changes in the company's operations, aligning with current market trends emphasizing technology and customer-centric strategies. The leadership change at CarMax under Keith Barr is likely to significantly impact its strategic direction and market positioning.
12 Feb
Hospitality leaders, including those from Intercontinental Hotels Group (IHG), are urging the UK Chancellor to eliminate a proposed visitor levy, arguing it would deter tourism and negatively impact the hospitality sector. They emphasize that such a tax could hinder recovery efforts post-pandemic and affect the competitiveness of the UK as a travel destination. The industry is advocating for policies that support growth and attract visitors rather than impose additional financial burdens. The proposed visitor levy could significantly impact tourism and hospitality revenues, affecting IHG's market performance and strategic positioning.
Intercontinental Hotels Group (IHG) is facing challenges due to a significant decline in travel demand and rising operational costs. The company reported lower-than-expected earnings, prompting concerns about its recovery trajectory. Analysts are closely monitoring IHG's strategies to adapt to changing market conditions, including potential cost-cutting measures and adjustments in pricing strategies. The overall outlook remains cautious as the hospitality industry grapples with ongoing uncertainties. Moderate challenges in travel demand and operational costs are expected to affect IHG's financial performance and market positioning.