- CEO
- Elie Wajih Maalouf
- Full Time Employees
- 12,587
- Sector
- Consumer Cyclical
- Industry
- Travel Lodging
- Address
- Broadwater Park Windsor United Kingdom UB9 5HR
- IPO Date
- Mar 31, 2003
- Business
- InterContinental Hotels Group PLC (IHG) is a British multinational hospitality company headquartered in Windsor, Berkshire, England. The company primarily operates through an asset-light business model focusing on franchising and managing hotels for third-party owners. IHG's core products and services include a diverse portfolio of hotel brands such as InterContinental Hotels & Resorts, Kimpton, Six Senses, Regent, Vignette Collection, Hotel Indigo, HUALUXE Hotels & Resorts, Crowne Plaza Hotels & Resorts, EVEN Hotels, Ruby Hotels, voco Hotels, Holiday Inn, Holiday Inn Express, Holiday Inn Club Vacations, Garner, avid Hotels, Atwell Suites, Staybridge Suites, and Candlewood Suites. The company also manages loyalty programs like IHG One Rewards and operates comprehensive reservation and distribution systems globally. Its offerings span luxury, upscale, midscale, and extended-stay segments, catering to a broad range of customer types including leisure, business, and resort travelers across regions including Europe, Middle East, Asia, Africa, the Americas, and Greater China.
Founded in 2003 and listed on both the London Stock Exchange and the New York Stock Exchange, IHG controls, franchises, leases, or manages over 6,800 hotels globally with more than 750,000 guest rooms. Recent major developments include a 2024 strategic cooperation and franchise agreement with German hotel operator Novum Hospitality, involving rebranding and refurbishing over 100 hotels under IHG brands such as Holiday Inn, Holiday Inn Express, Candlewood Suites, and Garner, significantly expanding IHG's German portfolio. In 2025, IHG entered a partnership with Onyria Group, bringing their two Cascais hotels into the IHG portfolio under franchise agreements with substantial renovation investments. Additionally, in 2024, the group acquired the Ruby brand, an urban lifestyle hotel chain, to enhance portfolio diversity and growth potential.
IHG reported robust financial and operational performance in 2024, including a 3.2% increase in global Revenue Per Available Room (RevPAR) and a 6.2% gross system growth with 371 new hotels opening worldwide. The company posted revenues of approximately $2.3 billion and an operating profit exceeding $1.1 billion in 2024. Its growth strategy emphasizes expanding system size through franchising and management contracts, innovation across its brand portfolio, targeted acquisitions, and strategic partnerships. IHG operates segmented business units covering Europe, Middle East, Asia and Africa (EMEAA), the Americas, and Greater China, serving varied market segments from luxury resort guests to extended-stay customers.
Overall, InterContinental Hotels Group PLC is a leading global hospitality company with a comprehensive brand and service portfolio, supported by strategic expansions and operational enhancements aimed at sustaining its competitive position in international lodging markets.