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Results: IHG

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EPIC IHG
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I would love to stay in a luxury IHG hotel…but as a traveller and an investor, I continue to be much more of a Whitbread/Premier Inn sort of guy!

Four months ago, I noted that InterContinental Hotels Group (IHG) “is still excited about the future hotel market…but it should not expect me to book a luxury global Regent or Crowne Plaza room in 2023!”. Famously, I am much more of a Premier Inn/Whitbread (WTB) sort of guy. Interestingly, as an investor, both year-to-date and over the last six months you would have made more money via a holding in the latter too!

EPIC IHG
views

IHG is still excited about the future hotel market…but it should not expect me to book a luxury global Regent or Crowne Plaza room in 2023!

Many of you have probably stayed in an InterContinental Hotels Group (IHG) hotel. I am sure a bunch of you are fans of the Regent or Crowne Plaza options, but I am a bit more of a Holiday Inn sort of guy. As for the company’s shares, I have not owned them for years but, when I look at their performance over the last year, they are 10% or so below the c. 5000p share price average. How exciting (not).

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