InterContinental Hotels Group PLC Reports Stock Price Increase

InterContinental Hotels Group PLC has experienced a moderate increase in its stock price, with shares trading above their 200-day moving average.

Promotional Efforts

The company has implemented various sales and discounts for its customers, including:

• A “Stay, Your Way” sale offering up to 33% off for stays in certain regions
• IHG One Rewards members can save on points at select new or renovated hotels
• A 15% discount on the cash portion of Points & Cash offers

Analyst Projections

Despite some concerns over weaker US travel data, analysts remain optimistic about the company’s potential for growth. One broker predicts 13% year-over-year operating profit growth in the current fiscal year.