InterContinental Hotels Group PLC on Friday reported progress in a key revenue metric, boosted by the Europe, the Middle East, Asia & Africa region, and said it would benefit from changes to its.
IHG expects to return more than $1 billion to shareholders in 2024 after posting better-than-expected annual room revenue and adjusted operating profit that exceeded $1 billion for the first time.
Stock prices in London opened lower on Friday, with US interest rate concerns and ongoing hostilities in the Middle East keeping a lid on enthusiasm at the end of the week.
The FTSE 100 is on track.
LONDON BRIEFING: IHG hails healthy demand ; UK retail sales fall lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.