Why InterContinental Hotels Stocks Are Becoming a Key Play in the Global Travel Recovery

InterContinental Hotels Group (IHG) stock rose 3.0% to 160.6 after UBS upgraded it to Buy, raised its price target to $188, and increased EPS estimates. IHG's share buyback program continued, and it reported strong first-half performance. The FTSE 100 fell 0.3% due to geopolitical tensions and inflation concerns.

UBS upgraded InterContinental Hotels Group (IHG) to Buy, raising its price target to $188. The bank cited IHG's strong long-term record, attractive valuation, and growth outlook, including 3.5% RevPAR growth and 5.0% net unit growth forecasted for 2026. Shares rose 2.2% in London trading.

IHG Hotels & Resorts (IHG) announced a deal with GCP Hospitality to convert 14 hotels in Kyoto, totaling 1,063 rooms, into Garner and Holiday Inn Express brands. The phased openings will occur over the next 12 months after renovations and rebranding.

InterContinental Hotels Group (IHG) reported Q2 2026 earnings with global RevPAR growth of 4.1%, net system growth of 5%, and reportable segment revenue of $1.255 billion. Fee business revenue grew 7% to $971 million, with a 65.9% fee margin. Adjusted EPS increased 13% to $2.747, and the interim dividend rose 10% to $0.645 per share. The company expects $1.2 billion in total shareholder returns for 2026. Regional performance varied, with strong growth in the Americas and challenges in the Middle

IHG Hotels & Resorts reported results for the six months ended June 30, 2026. Operating profit from reportable segments rose 10% to $665 million, and adjusted EPS increased 13% to 274.7 cents. RevPAR grew 4.1% and gross revenue was $18.2 billion, up 7% at constant currency. IHG said it expects to return over $1.2 billion to shareholders in 2026.

IHG Hotels & Resorts reported half-year 2026 results. Operating profit from reportable segments rose 10% to $665 million and Adjusted EPS increased 13% to 274.7 cents. RevPAR grew 4.1% and gross revenue was $18.2 billion (+7% at constant currency). The company said it is on track to return $1.2 billion+ to shareholders and reported record development activity.