The UK-based hotel giant reported mediocre H1 results with Coronavirus shocks of a lesser extent than its peers. Its very important presence in the resilient mainstream segment is likely to help in stepping up the rebuilding of its business, where some early positive signs have been seen.
12 Aug 2020
Business recovery is hoped to be expedited by mainstream's intensity
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Business recovery is hoped to be expedited by mainstream's intensity
InterContinental Hotels Group PLC (IHG:LON) | 8,022 -8182.4 (-1.3%) | Mkt Cap: 13,082m
- Published:
12 Aug 2020 -
Author:
Yi Zhong -
Pages:
3
The UK-based hotel giant reported mediocre H1 results with Coronavirus shocks of a lesser extent than its peers. Its very important presence in the resilient mainstream segment is likely to help in stepping up the rebuilding of its business, where some early positive signs have been seen.