1

InterContinental Hotels Group

#1091

Rank

$17.79B

Marketcap

GB United Kingdom

Country

InterContinental Hotels Group
Leadership team

Mr. Keith Barr (CEO & Director)

Mr. Paul Russell Edgecliffe-Johnson (CFO, Group Head of Strategy & Exec. Director)

Mr. Elie Wajih Maalouf (CEO of the Americas & Exec. Director)

Products/ Services
Hospitality, Hotel, Leisure, Travel
Number of Employees
1,000 - 20,000
Headquarters
Denham, Buckinghamshire, United Kingdom
Established
2003
Company Registration
SEC CIK number: 0000858446
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
IHG
Social Media
Overview
Location
Summary
InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels in the Americas, Europe, Asia, the Middle East, Africa, and Greater China. The company operates hotels under the Six Senses, Regent, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo, EVEN Hotels, HUALUXE, Holiday Inn, Holiday Inn Express, Holiday Inn Club Vacations, avid, Staybridge Suites, Atwell Suites, Candlewood Suites, voco, and Crowne Plaza. It also provides IHG Rewards loyalty program. As of December 31, 2021, the company operated 5,991 hotels and 880,327 rooms in approximately 100 countries. InterContinental Hotels Group PLC was founded in 1777 and is headquartered in Denham, the United Kingdom.
History

Bass Hotels

The origins of the business may be traced to 1777 when William Bass established the Bass Brewery in Burton-upon-Trent. In 1875, its red triangle logo became the first trademark to be registered in the United Kingdom.The company later changed its name to Bass Charrington. Its first entry into the lodging sector came with acquisition of tied public houses. In 1969, it launched the Crest Hotel chain.In 1988, after the British government limited the number of pubs that brewers could directly own, Bass further invested in the expansion of its hotel business, including the purchase of Holiday Inn International from shareholders.

InterContinental

Pan American Airways founder Juan Trippe established the American Intercontinental Hotels chain as a division of Pan Am in 1946, and it operated its first hotel in Belém, Brazil. On 19 August 1981, Pan Am sold the holding company Inter-Continental Hotels Corporation to UK-based Grand Metropolitan for $500 million. As GrandMet focused its core business and expanded into fast food through the purchase of Burger King, it sold IHC to the Japanese-based Saison Group in 1988.In March 1998, Saison Group sold IHC to the British brewery Bass. In 2000, Bass sold its brewing assets to the Belgian brewer Interbrew for £2.3 billion and changed its name to Six Continents.In 2003, the independent corporation InterContinental Hotels Group was created after Six Continents split into two companies: Mitchells & Butlers took control of the restaurant assets while IHG focused on hotels and soft drinks. IHG retained Britvic, the soft-drinks division, until December 2005 when it sold its interest in the company by an initial public offering.In April 2017, the company announced that it been the subject of a malware attack in which hackers had stolen credit-card details.In February 2021, IHG announced an annual loss of $153 million caused by restrictions related to the COVID-19 pandemic. However, the company expected that the Holiday Inn Express brand would help in the recovery process.

Mission
InterContinental Hotels Group's mission is to create great hotels guests love. We strive to provide outstanding hospitality by delivering superior customer service and quality experiences with each and every stay.
Vision
Our vision is to be the most responsive and best managed business in the global midscale and upscale segments of the hotel industry and earn the loyalty of guests and employees alike.
Key Team

Mr. Daniel Blanchard (Chief Technology Officer)

Stuart Ford (VP & Head of Investor Relations)

Ms. Nicolette Henfrey (Exec. VP, Gen. Counsel & Company Sec.)

Mr. Michael Torres (Chief Communications Officer & VP of Corp. Communications - Americas Region)

Mr. Wayne Scott Hoare (Chief HR Officer)

Mr. Chris Moloney (Chief Operating Officer of South West Asia)

Mr. Hung Chua Tan (Chief Operating Officer of South East Asia & Korea)

Recognition and Awards
AAA Five Diamond Award, Luxury Business Hotel of the Year, Best Luxury Business Hotel in Europe
References
InterContinental Hotels Group
Leadership team

Mr. Keith Barr (CEO & Director)

Mr. Paul Russell Edgecliffe-Johnson (CFO, Group Head of Strategy & Exec. Director)

Mr. Elie Wajih Maalouf (CEO of the Americas & Exec. Director)

Products/ Services
Hospitality, Hotel, Leisure, Travel
Number of Employees
1,000 - 20,000
Headquarters
Denham, Buckinghamshire, United Kingdom
Established
2003
Company Registration
SEC CIK number: 0000858446
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
IHG
Social Media