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Strong start to 2017 for IHG

Profile Photo By: Steve Shellum
January 3, 2017

Strong start to 2017 for IHG

London – 3 January 2016
IHG to return $750 million to shareholders, may sell more hotelsInterContinental Hotels Group kicks off the year with a strong showing with stocks rising 4.4 percent to hit at an all-time high after Barclays upgraded the company to “overweight” from “equal-weight”.

Barclays sees IHG as the best sector play on a potential rebound in US growth as well as potential tax cuts.

 

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