InterContinental Hotels Group (ADR) (IHG)
Franchises and manages hotels through brands, loyalty, reservations, and technology.
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Provides hotel brands, management, reservations, technology, and IHG One Rewards to third-party owners. Fees from franchised and managed hotels underpin an asset-light model spanning the Americas, EMEAA, and Greater China.
Runs a hotel brand and owner platform spanning Luxury & Lifestyle, Premium, Essentials, and Suites. Holiday Inn and Holiday Inn Express anchor the midscale offer, while InterContinental, Six Senses, Regent, Kimpton, and other names cover luxury, lifestyle, and premium stays.
Earns fees by licensing brands to franchisees and operating managed hotels for property owners. IHG One Rewards, reservations, marketing, and technology connect the system across the Americas, EMEAA, and Greater China. Owned and leased hotels are a small part of the estate.
Combines a broad brand ladder, conversion formats, and owner-facing commercial systems. Performance depends on travel demand, owner appetite for brands and development, compliance with brand standards, third-party capital, and reliable reservation, loyalty, and technology infrastructure.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 2, 2026 | UBS | Upgrade | Target: $150 | Target: $188 |
| Aug 27, 2026 | Berenberg Bank | Target | Target: $157 | Target: $178 |
| Jul 10, 2026 | Deutsche Bank | Reiterate | Rating: —Target: — | Target: $145 |
| Jun 25, 2026 | Jefferies | Reiterate | Rating: —Target: — | Target: $195 |
| Jun 10, 2026 | Goldman Sachs | Target | Target: — | Target: $188 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $831.0M · Total debt $4.55B · Total assets $5.23B · Shareholders' equity −$2.98B
- Revenue
- $2.66B
- Operating income
- $671.0M
- Net income
- $425.0M
HistoryDividendAnnual yield
| Institutions | ≈ 10.85% | 16.03M ADS | |
|---|---|---|---|
| 323 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Other | ≈ 89.15% | 131.72M ADS | |
| remainder | |||
147.74M ADS as of Sep 6, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
FMR LLCInstitution | 4.00% | 5.92M ADS | as of Jun 30, 2026 |
Morgan StanleyInstitution | 0.56% | 822,732 ADS | as of Jun 30, 2026 |
Goldman Sachs Group IncInstitution | 0.48% | 703,124 ADS | as of Jun 30, 2026 |
Natixis Advisors, L.P.Institution | 0.34% | 501,366 ADS | as of Jun 30, 2026 |
Bank of America Corp /DE/Institution | 0.34% | 499,739 ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
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Global peer across chain scales, loyalty, and hotel-owner signings
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Major franchise rival in economy, midscale, and extended stay
- Choice Hotels International
Franchise-heavy rival in midscale, extended stay, and collections
- H World Group (ADR)
Greater China scale rival in mass-market brands and loyalty
- Hyatt Hotels
Luxury and lifestyle challenger with global loyalty overlap
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| InterContinental Hotels Group (ADR) | $155.97 | +0.89% | $22.84B | 33.0 | — | 4.3 | +4.7% |
| Marriott International | $345.57 | +0.85% | $89.35B | 35.8 | 28.2 | 3.3 | +4.9% |
| Hilton | $310.52 | +1.12% | $69.11B | 45.1 | 32.4 | 5.5 | +6.5% |
| Wyndham Hotels & Resorts | $68.19 | +1.55% | $4.98B | 24.7 | 14.0 | 3.5 | −5.5% |
| Choice Hotels International | $102.10 | +3.08% | $4.51B | 14.0 | 14.1 | 2.8 | +3.4% |
| H World Group (ADR) | $43.41 | −0.56% | $13.41B | 18.7 | 21.3 | 3.4 | +17.0% |
| Hyatt Hotels | $158.86 | +1.22% | $14.88B | 191.4 | 41.0 | 2.4 | +1.2% |
| Median | 30.2 | 24.8 | 3.4 | +4.1% |








