InterContinental Hotels Group Q3 2026 Earnings Call Begins
InterContinental Hotels Group's Q3 2026 earnings call has begun.
Story updates
08:32:18 AM UTC
SquawkNews
InterContinental Hotels Group PLC released its trading update for the third quarter of 2026, reporting a 5.3% year-over-year increase in global RevPAR. Performance varied by region, with the Americas up 6.8% and EMEAA up 5.0%, while Greater China saw a 3.3% decline. The company also completed an €850 million bond issuance, consisting of €350 million in notes due 2029 at 4.00% and €500 million in notes due 2033 at 4.625%. Management reiterated its full-year 2026 earnings guidance, expressing confidence in meeting consensus expectations. Additionally, the company continues its share repurchase program, with recent transactions executed under existing board authorization.
08:40:12 AM UTC
SquawkNews
Although InterContinental Hotels Group's recent share-price performance might limit upside, its story remains well on track, Jefferies analysts say in a note. Performance for the third quarter came in ahead of the top-end of expectations, with revenue per available room up 5.3% and net unit growth…
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