InterContinental Hotels Stock Price, News & Analysis

Crowne Plaza by IHG has launched a new 'Bring Your Bestie' package across select U.S. hotels, responding to the growing trend of blended business and leisure travel. According to their YouGov survey of 12,000+ people, 74% of U.S. travelers would invite a friend or family member on work trips, with Gen Z and Millennials leading this trend.

The package, available from April 14 to May 12, 2025, for stays until July 10, includes:

• Complimentary breakfast for two
• One signature drink per night
• 1,000 bonus IHG One Rewards points
• Curated local itineraries

The initiative addresses key findings showing that 1 in 5 U.S. travelers have secretly brought companions on work trips, while 34% cite company policies affecting their decisions. The program is available at select locations including Cleveland, Fort Myers, Indianapolis, Louisville, Orlando, Seattle, and Virginia Beach Town Center.

IHG Hotels & Resorts has achieved a significant milestone by ranking No. 17 on the Fortune 100 Best Companies to Work For® 2025 list. This recognition follows a comprehensive evaluation process that included analyzing anonymous survey responses from over half a million employees at Great Place To Work Certified™ companies with 1,000+ workers.

The company's success is attributed to its people-first culture and comprehensive benefits package in the US. With more than 6,600 open hotels across 100+ countries and a development pipeline exceeding 2,200 properties, IHG demonstrates strong market presence. The company operates through 20 hotel brands and maintains IHG One Rewards, one of the world's largest hotel loyalty programs with over 145 million members.

The recognition validates IHG's commitment to creating an exceptional workplace environment where employees feel valued, respected, and celebrated, as emphasized by Rani Hammond, Senior Vice President of Global Human Resources.

Kimpton Hotels, part of IHG Hotels & Resorts (IHGNY), has announced a unique partnership with Tiny Zaps tattoo studio to launch exclusive tattoo pop-up events at five select properties across the U.S. from April through June 2025.

The initiative capitalizes on the growing 'tattourism' trend, where travelers commemorate their journeys with tattoos. Guests aged 18 and older can receive complimentary, city-specific tattoo designs at participating locations in New York, Washington D.C., Los Angeles, New Orleans, and Nashville.

Each location will feature specially curated Kimpton x Tiny Zaps collections reflecting local culture, such as Theater District-inspired designs in New York and Bourbon Street motifs in New Orleans. The program targets Gen-Z and Millennial travelers who prefer meaningful ink over traditional souvenirs.

Kimpton Surfcomber Hotel has unveiled a complete transformation of its signature restaurant, The Social Club, featuring a South of France-inspired redesign and enhanced dining experience. The renovation includes a new Prussian blue bar, French Maple wood credenza, and Italian Carrara marble tables, while preserving the original 1940s terrazzo floors.

Executive Chef Gastón Javier and Director of Restaurants & Bars Luis Rios have crafted a French Mediterranean menu focusing on shareable plates and elevated entrées. Notable offerings include Caracoles (Burgundy snails), The Pearl (diver scallop), and Snapper en Papillote.

The venue introduces new programming including Happy Hour (Mon-Thu, 5-8 PM), Endless Cocktails Brunch ($39/person), Friday Night Flights ($30), and monthly Omakase a lo Cubano events. The restaurant also announced a year-long calendar of themed events, including seasonal celebrations and special brunches.

Crowne Plaza by IHG has released its second white paper, "Leading the Charge in Blended Travel," revealing a significant shift in travel habits. Currently, 66% of U.S. and U.K. travelers combine business trips with leisure time, up from 53% in 2022, with 56% considering blended travel a key benefit of remote work.

A global YouGov survey of over 12,000 people across nine countries found that 72% of respondents outside the U.S. and U.K. agree blended travel offers greater flexibility. The research identified four emerging trends:

• Improve and Grow: Travelers see journeys as opportunities for personal and professional development
• Mind-Body Equity: 35% say blended travel helps establish healthier routines
• New Personal Travel Economy: Travelers seek maximum value from time and money
• Intentional Togetherness: Greater emphasis on in-person connections

Crowne Plaza is undergoing a global refresh with 70% of Americas properties either new or renovated, and 60% of properties across Europe, Middle East, Asia and Africa to be renovated by 2026. The brand has over 400 properties with 140 more in the pipeline, expanding by 35%.

Kimpton Seafire Resort + Spa has achieved the Forbes Travel Guide Five-Star award for the third consecutive year in 2025. The resort's SPA at Seafire also earned a Five-Star rating, making it a 10-Star property for the second year running.

Located on Seven Mile Beach in Grand Cayman, the 264-room resort features three signature restaurants, two ocean-view pools, and native botanical gardens. Recent additions include The Studio, an interactive art space, and the Library By The Sea, which was named the 35th best bar in North America.

The property, which opened in November 2016, is part of IHG Hotels & Resorts (NYSE:IHG) portfolio and represents Grand Cayman's first new resort development in over a decade. The recognition from Forbes Travel Guide, the only global rating system for luxury hotels, reflects the resort's commitment to exceptional service and luxury hospitality.

AVANA Companies and IHG Hotels & Resorts have announced a new co-lending construction program to boost U.S. hotel development. The initiative commits $250 million in construction loans for U.S.-based projects, primarily focusing on EVEN Hotels, avid hotels, Atwell Suites, and Holiday Inn brands.

The program offers competitively priced blended rates and aims to provide financing solutions in today's challenging lending environment. It supports IHG's U.S. pipeline of nearly 950 hotels, representing almost half of its global pipeline. In Q3 2024, IHG signed 54 new U.S. hotels, mainly across its Essentials and Suites brands.

Since 2002, AVANA has served over 500 small businesses, with 66% being BIPOC entrepreneurs, funding $1 billion in loans and creating over 5,500 jobs.

InterContinental Hotels Group (IHG) completed its final share buyback transaction on December 27, 2024, purchasing 39,636 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £99.70 to £100.25, with an average price of £100.0157 per share.

The purchases were executed across multiple trading venues including London Stock Exchange, Cboe BXE, Cboe CXE, and Turquoise. Following this transaction, IHG has 158,470,072 ordinary shares in issue (excluding 6,241,782 held in treasury). The company intends to cancel the purchased shares. This marks the completion of the buyback programme announced on February 20, 2024.

InterContinental Hotels Group (IHG) has announced a share buyback transaction conducted on December 24, 2024, through Goldman Sachs International on the London Stock Exchange. The company purchased 2,981 ordinary shares at prices ranging from £99.84 to £100.30, with an average price of £100.0452 per share.

This purchase was executed under shareholder authority granted at the Company's Annual General Meeting on May 3, 2024, following instructions issued on February 20, 2024. IHG intends to cancel these purchased shares. Following the transaction, the company has 158,509,708 ordinary shares in issue (excluding 6,241,782 held in treasury).