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I would love to stay regularly in a luxury IHG hotel…so why is its CEO leaving the company?

By Chris Bailey of Financial Orbit | Sunday 7 May 2023

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

I have sometimes stayed in InterContinental Hotels Group (IHG) properties, but I am famously much more of a Premier Inn / Whitbread (WTB) sort of guy if I am elsewhere in this country. As for international trips, I would regard International’s Holiday Inn as luxury…but I am sure that its senior management team knows just a little bit about its Regent and Crown Plaza offerings. However, International’s group CEO Keith Barr may soon have evolve his choice of travel preferences as he is “to step down and to be succeeded by Elie Maalouf, Americas CEO InterContinental Hotels Group.
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