Top UK Stocks to Watch: IHG experiences ‘most challenging year’ ever
Joshua Warner
February 23, 2021 8:59 AM
InterContinental Hotels Group suffers during lockdown but is optimistic about the future, HSBC restarts dividends despite profits plunging during the pandemic, Aviva sells its French business, and Frasers Group writes down the value of its properties.
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Top News: IHG shares jump on hopes of strong recovery
InterContinental Hotels Group said revenue plunged and swung to a loss during the ‘most challenging year’ ever in 2020 because of the pandemic, limiting travel and appetite for hotel rooms, but said it was optimistic about its recovery prospects.