IHG disclosed a discouraging quarterly performance and sees a loss of roughly $5m in H2 caused by very tough conditions in HK, but it still remains confident of reaching the FY forecasts.
21 Oct 2019
IHG’s Q3 RevPAR hit by the turmoil in Hong Kong
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IHG’s Q3 RevPAR hit by the turmoil in Hong Kong
InterContinental Hotels Group PLC (IHG:LON) | 7,812 -1718.6 (-0.3%) | Mkt Cap: 12,745m
- Published:
21 Oct 2019 -
Author:
Yi Zhong -
Pages:
2
IHG disclosed a discouraging quarterly performance and sees a loss of roughly $5m in H2 caused by very tough conditions in HK, but it still remains confident of reaching the FY forecasts.