InterContinental Hotels Group: latest news, insights and trading updates | Hospitality Ireland

IHG Extends Debt Waivers To End Of 2022

Holiday Inn-owner Intercontinental Hotels Group (IHG) has struck an agreement with its creditors to extend waivers of its debt covenants through the end of...

IHG Records 53.4% Decrease In RevPAR

InterContinental Hotels Group (IHG) has released a trading update for the three months to September 30, 2020, revealed that the group's revenue per av...

InterContinental Hotels Group Announces Changes To Its Board

InterContinental Hotels Group (IHG) has announced that non-executive director Luke Mayhew will retire from its board on December 18, 2020, and that Graham...

InterContinental Hotels Group Announces Job Cuts Following Profit Slump

InterContinental Hotels Group (IHG) will reduce its staff by 10% at the corporate level, its chief executive has said, after the Holiday Inn-owner's r...

InterContinental Hotels Points To Recovery After First Half Slump

InterContinental Hotels Group (IHG) has said that it is seeing some "very early" signs of improvement in demand after the Holiday Inn-o...

IHG Ramps Up Hotel Reopenings; Posts 76% Drop In May Room Revenue

InterContinental Hotels Group (IHG) Plc has posted a 76% slump in average room revenue for May due to coronavirus lockdowns, which is a slight improve...

IHG Announces $150m Of Cost Cuts

InterContinental Hotels Group (IHG) has announced $150 million of cost cuts to help cope with travel restrictions and lockdowns caused by the coronavirus p...

IHG Hit By Weak China, Hong Kong Bookings

InterContinental Hotels Group (IHG) has blamed lower business bookings in China and Hong Kong protests for a 0.8% fall in third-quarter revenue per ro...