Thanks to the nearly fully-restored occupancy and vigorous pricing in the Americas and EMEAA, IHG delivered encouraging Q3 results which were consistent with the market’s anticipations, despite the dragging recovery in Greater China due to its zero-COVID policy. The mild positive was, however, offset by the uncertainties following the resignation of the long-staying and well-regarded CFO.
24 Oct 2022
Q3 looks good; new CFO wanted
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Q3 looks good; new CFO wanted
InterContinental Hotels Group PLC (IHG:LON) | 7,930 -14908.4 (-2.3%) | Mkt Cap: 12,932m
- Published:
24 Oct 2022 -
Author:
Yi Zhong -
Pages:
2
Thanks to the nearly fully-restored occupancy and vigorous pricing in the Americas and EMEAA, IHG delivered encouraging Q3 results which were consistent with the market’s anticipations, despite the dragging recovery in Greater China due to its zero-COVID policy. The mild positive was, however, offset by the uncertainties following the resignation of the long-staying and well-regarded CFO.