)
InterContinental Hotels Group (IHG) investor relations material
InterContinental Hotels Group H2 2025 (Q&A) earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
RevPAR grew 1.5% in 2025, with system size reaching 1,026k rooms (+6.6% gross, +4.7% net YOY), reflecting broad geographic reach, strong brands, and a resilient operating model.
EBIT increased 13% and adjusted EPS rose 16% year-over-year, supported by a $900 million share buyback and over $1.1bn returned to shareholders.
Record hotel openings in 2025, with 65.1k rooms opened (+10% YOY), and strong signings up 9% year-over-year.
Strong growth in conversions, representing about half of all openings and 40% of all signings; Ruby brand acquisition and Noted Collection launch enhanced portfolio.
Launched a new $950 million share buyback program and introduced the Noted Collection brand in early 2026.
Financial highlights
Fee margin expanded by 360 basis points to 64.8%, driven by operating leverage and ancillary fee growth.
Revenue from reportable segments rose 7% to $2,468m; fee business revenue up 7% to $1,897m.
Adjusted free cash flow reached $893m, with share buybacks of $900m reducing share count by 4.8%.
Costs reduced by 3% in 2025, with ongoing cost control expected to keep increases around 1% in 2026.
Branded residences generated $5–10 million in fees, with substantial increases expected from 2027 onward.
Outlook and guidance
Early 2026 trading is positive across all regions, with confidence in continued system growth and RevPAR improvement.
Net unit growth consensus for 2026 is 4.4%, with more upside than downside anticipated.
FY26 interest expense expected to rise to $230m–$250m due to higher net debt and borrowing costs.
Medium- to long-term ambitions: high-single-digit fee revenue growth, 100–150bps annual fee margin expansion, 12–15% adjusted EPS CAGR.
Branded residences and ancillary revenues are expected to become more material contributors to growth.
Next InterContinental Hotels Group earnings date
Next InterContinental Hotels Group earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage