InterContinental Hotels Group PLC ADR
IHG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|G@ | LOCK|KZ% | LOCK|<R^Km@ |
InterContinental Hotels Earnings: Traveler and Owner Demand for Brand Remains Strong; Shares Rich
InterContinental Hotels Group's second-quarter revenue per available room increased 3.5%. Rooms grew 5%, driven by an 8% increase in openings. Operating profit increased 10%, driven by a 7% lift in fee sales compared with a 4% rise in expenses.
