Reported Earnings • Aug 13
First half 2026 earnings released: EPS: US$2.83 (vs US$3.00 in 1H 2025) First half 2026 results: EPS: US$2.83 (down from US$3.00 in 1H 2025). Revenue: US$2.66b (up 5.6% from 1H 2025). Net income: US$425.0m (down 9.4% from 1H 2025). Profit margin: 16% (down from 19% in 1H 2025). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Hospitality industry in Germany are expected to grow by 8.0%. 공고 • Aug 11
InterContinental Hotels Group PLC Declares Interim Dividend for the Half Year Ended 30 June 2026, Payable on 1 October 2026 The Board of InterContinental Hotels Group PLC is declaring an interim dividend of 64.5 cents per share for the half year ended 30 June 2026, an increase of 10% on the 58.6 cents per share paid in 2025. The ex-dividend date for ordinary shares is 20 August 2026 and for American Depositary Receipts the ex-dividend date is 21 August 2026. The record date (for both ordinary shares and American Depositary Receipts) is 21 August 2026. The corresponding dividend amount in pence sterling per ordinary share will be announced on 11 September 2026, calculated based on the average of the market exchange rates for the three working days commencing 8 September 2026. The dividend will be paid on 1 October 2026, resulting in a cash outflow of around $96 million. This will result in total dividends paid to shareholders in 2026 amounting to approximately $285 million. 공고 • Jul 28
Ihg Hotels & Resorts Launches AI Conversational Search Across Its Digital Channels IHG Hotels & Resorts announced the beta launch of AI-powered conversational search on IHG.com and the IHG One Rewards mobile app. The new conversational search functionality brings intuitive, customized trip planning directly into IHG's digital channels, making it easier and faster than ever for guests to move seamlessly from inspiration and discovery to booking one of more than 7,000 hotels globally. At the same time, it allows hotel owners to increase their property visibility in AI searches and connect travelers with more of what they truly want. The beta launch is a scaled approach, starting in the US before expanding to users across multiple markets, with IHG continuing to refine the experience based on user behavior and feedback. Travelers searching on IHG.com and the IHG One Rewards app can now describe their travel needs using everyday language to better explore all that IHG has to offer. Prompts such as destination, trip purpose, preferences and amenities can serve up tailored hotel recommendations and rich content including interactive maps, real-time availability, pricing and detailed property information. In addition to cash rates, travelers will have the ability to shop in points or a combination of points and cash. Recommendations are grounded in IHG's verified property data and guest reviews for reliable details, photos and amenity information. During the beta, users will also continue to see IHG's existing search functionality alongside the option for AI search, allowing choice in how travelers find their right stay. To help IHG hotels become more AI-search ready, a new AI-optimized hotel content platform will roll out over the next several months, making it easier for hotels to upload rich, detailed information and improve how their properties are discovered. The platform will support new content such as floor plans, videos and updated imagery that reflect how travelers search today. Whether through IHG or third-party digital channels, hotels will be able to better showcase their unique attributes and improve how they are matched to travelers seeking specific experiences and amenities. The addition of conversational search on IHG's booking channels follows the recent launch of an IHG app in ChatGPT and will be supported by further significant developments this year. These latest technology advancements are part of a broader AI strategy to enrich how travelers discover and engage with IHG. Looking ahead, IHG is working to add new features such as more personalized search experiences and agentic booking capabilities – unlocking opportunities to deepen guest personalization and loyalty. To support these efforts, IHG is working with several thought leaders and technology partners in the space to transform the guest experience. Buy Or Sell Opportunity • Jun 12
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 27% to €144. The fair value is estimated to be €117, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to decline by 12% per annum. Earnings are forecast to grow by 9.4% per annum over the same time period. 공고 • May 10
InterContinental Hotels Group PLC Announces Committees Changes, Effective May 6, 2026 InterContinental Hotels Group PLC announced that following Sir Ron Kalifa's resignation from the Board and Nicholas Cadbury's appointment to the Board, Sharon Rothstein, Non-Executive Director, has been appointed as a member of the Remuneration Committee and has stepped down from the Audit Committee with effect from May 6, 2026. The Annual General Meeting of InterContinental Hotels Group PLC was held on May 7, 2026. All resolutions set out in the Notice of Meeting were duly passed by way of a poll. Upcoming Dividend • Apr 02
Upcoming dividend of US$1.26 per share Eligible shareholders must have bought the stock before 09 April 2026. Payment date: 14 May 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.0%). 
