Welcome to our dedicated page for InterContinental Hotels news (Ticker: IHG), a resource for investors and traders seeking the latest updates and insights on InterContinental Hotels stock.
IHG Hotels & Resorts (IHG) operates one of the world's most diverse hospitality portfolios, spanning 19 brands across 100+ countries. This news hub provides investors and industry professionals with essential updates on strategic initiatives, financial performance, and market developments.
Track IHG's latest press releases covering earnings reports, property expansions, technology partnerships like its Google Cloud collaboration, and sustainability efforts. Our curated collection offers insights into leadership changes, brand innovations such as the IHG One Rewards program enhancements, and global market entries.
Bookmark this page for real-time updates on IHG's asset-light growth strategy, franchising opportunities, and digital transformation projects shaping modern hospitality. Stay informed about operational milestones through verified announcements directly from the company and trusted financial analysts.
IHG's premium brand, voco hotels, has launched eco-friendly limited-edition packages in the U.S., UK, Australia, and New Zealand. Starting November 3, 2022, guests can enjoy unique amenities focusing on sustainability, such as complimentary locally-made products and activities encouraging eco-conscious habits. Available packages include the 'Birds of a Feather' in the U.S. with room upgrades and sustainable sneakers, and the 'Sustainable Sip & Paint' in Australia featuring upcycled art experiences. voco currently has 41 properties globally, with additional locations planned.
InterContinental Hotels Group PLC announced the purchase of 256,348 ordinary shares on 28 October 2022, executed by Goldman Sachs International on the London Stock Exchange. The shares were acquired at an average price of £46.63, with a lowest price of £46.31 and a highest price of £47.00. Following this transaction, the company has 176,983,415 shares in circulation, excluding treasury shares. The intention is to cancel the repurchased shares, aligning with the authority granted in its Annual General Meeting held on 6 May 2022.
InterContinental Hotels Group announced on October 27, 2022, that it purchased 259,415 ordinary shares at an average price of £46.9212 each. The shares were acquired through Goldman Sachs International on the London Stock Exchange. Following this transaction, the Company has 177,239,763 ordinary shares in circulation, excluding 8,156,782 held in treasury. The purchased shares will be canceled, reflecting the Company’s commitment to enhancing shareholder value.
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