ICHGF - InterContinental Hotels Group: EMEAA Performance Encouraging But RevPAR Showing Signs Of Plateauing

2024-05-14 04:47:32 ET

Summary

• InterContinental Hotels Group has seen a 30% increase in its stock price since November.
• Q1 2024 financial results show a decrease in RevPAR and occupancy across the Americas.
• IHG's focus on expansion in the German market and strong RevPAR performance in EMEAA could drive future revenue growth.

Investment Thesis: I still take a long-term bullish view on InterContinental Hotels Group, but the stock might see modest growth over the short to medium-term....

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