Intercontinental Hotels traded at 161.10 this Friday October 23rd, decreasing 4.60 or 2.78 percent since the previous trading session. Looking back, over the last four weeks, Intercontinental Hotels lost 3.40 percent. Over the last 12 months, its price rose by 29.47 percent. Looking ahead, we forecast Intercontinental Hotels to be priced at 166.70 by the end of this quarter and at 157.19 in one year, according to Trading Economics global macro models projections and analysts expectations.
InterContinental Hotels Group PLC is a hotel company. The Company franchises its brands and manages its hotels on behalf of third-party hotel owners. Its segments include The Americas; Europe, Middle East Asia and Africa (EMEAA); Greater China. It operates a portfolio of hotel brands, including InterContinental, HUALUXE, Kimpton, Crowne Plaza, Hotel Indigo, EVEN Hotels, Holiday Inn, Holiday Inn Express, Staybridge Suites Hotels, Holiday Inn Resort, Regent Hotels & Resorts, Holiday Inn Club Vacations and Candlewood Suites Hotels. The Company operates over 5,977 hotels (889,582 rooms) worldwide and has over 1,899 pipeline hotels. The Americas segment has approximately 1,048 hotels in pipeline (109,345 rooms). The EMEAA Segment has approximately 398 hotels (80,490 rooms). The Greater China segment has approximately 453 hotels in pipeline (95,773 rooms).