Holiday Inn owner IHG hits record high after room revenue beat

Intercontinental Hotels

07/05/2026 08:22

** British hotel operator InterContinental Hotels Group IHG.L rises 3.2% to an all-time high at 150.2 pence

** Co posts first-quarter global revenue per available room growth of 4.4%, above market expectations of 3.3%

** Says it is confident of achieving consensus growth forecasts and profit expectations for full year

** As of last close, IHG up 3.6% YTD, while FTSE 100 grew 5.1%

 (Reporting by DhanushVignesh Babu in Bengaluru)

 ((DhanushVignesh.Babu@thomsonreuters.com))