InterContinental Hotels Share Price (IHG)

IHG - InterContinental Hotels Investor Summary

The Intercontinental Hotels Group is responsible for seven major hotel brands and is still aiming to expand by providing a great service and hotels and environments that guests love and enjoy. The seven major brands within the group are Holiday Inn, Holiday Inn Express, Crowne Plaza, InterContinental, Staybridge Suites, Candlewood Suites, and Hotel Indigo.

Intercontinental Hotels Group's main focus and core principle is 'Great Hotels Guests Love'. Their main aim and strategy of achieving this is a fair price, fantastic service and treating customers individually and personally. The Intercontinental Hotel Group relies strongly on and firmly believes that people are the most important and valuable part of the business.

The business structure of IHG means that the company operates as franchisor, manager and owner, although the IHG owns less than one percent of its hotels. This allows individuals to commit and work in partnership with IHG to achieve the support and guidance of a share based company on the London Stock Exchange whilst maintaining independence and management responsibility in the day to day running of the hotels.

The history of Intercontinental Hotels began in 1777 when William Bass established a brewery in Burton-on-Trent. Much later, in 1988, the Bass brand acquired Holiday Inns International moving into the hotel business. In 1991 and 1994 Holiday Inns Express and Crowne Plaza are launched respectively. The company also acquires Harvester Restaurants. Further acquisitions have affirmed the Intercontinental Hotels Group as one of the largest hotel businesses with over four thousand hotels in almost one hundred countries.