IHG - InterContinental Hotels Group Is Fairly Valued With No Catalysts On The Upside Or Downside

2024-02-23 14:44:42 ET

Summary

• IHG is a global hotel company with over 6,000 hotels and nearly 1 million rooms worldwide.
• The company primarily operates through franchising and managing hotels on behalf of third parties.
• IHG's growth drivers are focused on increasing revenue per available room and expanding the number of rooms in their system.
• In the near term consumer spending will be a challenge and longer term IHG should benefit from younger generations' consumer habits.

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