InterContinental entered 2020 with net debt/EBITDA of 3.5 times, and its asset-light business model allows the company to operate with low fixed costs and stable unit growth, which led to $590 million ...
InterContinental Hotels (IHG – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today.
Muneeba Kayani, an analyst from Bank of America Securities, reiterated the Buy rating on InterContinental Hotels (IHG – Research Report).
Holiday Inn owner IHG’s saw revenue per available room rise 1.5% globally over the last quarter, with China being a drag on ...