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Holiday Inn owner says booking systems fully restored after cyberattack

Holiday Inn owner InterContinental Hotels Group (IHG) said it has fully restored service on its systems after it was the subject of a cyberattack earlier this month. The UK-based hotel group said on September 6 that it had been targeted by hackers ...

29 Sept 2022 at 09:56

City

Holiday Inn owner IHG sees profits surge on travel bounceback

The owner of Holiday Inn has reported soaring half-year profits thanks to the bounceback in demand for business and leisure travel. Intercontinental Hotels Group (IHG) reported pre-tax profits jumping to 299 million US dollars (£248 million) in ...

09 Aug 2022 at 08:57

City

Holiday Inn owner enjoys boost from US spring break but struggles in China

The owner of Holiday Inn and Crowne Plaza hotel groups said it continued to recover ground lost during the pandemic as households enjoyed stays during the US spring break holiday. However, InterContinental Hotel Group (IHG) said it struggled ...

06 May 2022 at 09:25

City

Holiday Inn owner enjoys boost from Easter break but struggles in China

The owner of Holiday Inn and Crowne Plaza hotel groups said it continued to recover ground lost during the pandemic as households enjoyed stays during the Easter holidays. However, InterContinental Hotel Group (IHG) said it struggled in ...

06 May 2022 at 08:55

City

InterContinental Hotels chief quits after nine years

Patrick Cescau, the chairman of InterContinental Hotels, has announced he will quit the business later this year. The former chief executive of Unilever will stand down at the end of August and will be replaced by Deanna Oppenheimer ...

18 Jan 2022 at 14:25

Holiday Inn owner partners with Unilever to axe hotel bathroom miniatures

The owner of Holiday Inn has partnered with Unilever to remove miniature shampoos and body wash from its hotels by 2030 in a bid to eliminate single-use plastics from its venues. Intercontinental Hotel Group (IHG) said it has ...

20 Jun 2022 at 16:21

City

FTSE drifts lower as banking stocks fall on Italian windfall tax

Banks and commodity stocks led the fallers as London’s top markets closed lower on Tuesday. Italian plans to hit banks in the country with a new 40% windfall tax have knocked financial stocks across the continent. Global ...

08 Aug 2023 at 17:19

City

Holiday Inn owner IHG buoyed by returning travel after Covid impact

Sales and profits have rebounded at Holiday Inn owner InterContinental Hotels Group (IHG) amid an increase in travel following the easing of pandemic restrictions. Nevertheless, IHG saw continued weak demand in China ...

21 Feb 2023 at 09:13

Finding hotel rooms for under £100 a night is increasingly difficult – Which?

Finding a hotel room cheaper than £100 a night is becoming increasingly difficult, a consumer group has warned. A Which? survey of 5,300 of its members found the average price paid in the year to July was above that ...

28 Oct 2023 at 00:01

City

Holiday Inn owner IHG cheers higher sales as China travel rebounds

The owner of Holiday Inn has reported growing sales and strong summer bookings as it said travel demand has bounced back to pre-pandemic levels. InterContinental Hotels Group (IHG), which also owns higher-end ...

20 Oct 2023 at 11:21

City

Hotel giants to give glimpse into consumer travel demand

Investors will get a glimpse into whether consumer demand for travel is holding up against cost-of-living pressures when the owners of Premier Inn and Holiday Inn unveil their latest financial results. The ...

13 Oct 2023 at 15:45

City

Holiday Inn owner says travel demand resilient as half-year sales jump

Holiday Inn owner InterContinental Hotels Group (IHG) has revealed its sales jumped as it said there have been “no signs” of people cutting back on leisure trips. The global group, which owns a raft of ...

08 Aug 2023 at 08:31

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