InterContinental Hotels Group PLC
In the published model solve dated 2026-Q2, anchored at $160.47, InterContinental Hotels Group PLC (IHG) is priced for +15.4% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
• IHG is an asset-light hotel franchisor, not a hotel owner: it licenses brands like Holiday Inn and Crowne Plaza and collects fees on roughly seven thousand hotels it does not own, which is why it runs a 21% operating margin on a comparatively small revenue base. • The risk is the price, not the model: at about 26 times operating income the market is paying for operating growth near 18% a year for five years, well above the low-single-digit global RevPAR the system is actually delivering [Sourc
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285 institutional managers reported holding IHG in 13F filings for the quarter ended 2026-03-31. Together they hold about 11% of the company; the top 10 hold 8%. 49 opened new positions that quarter. Held by FMR (Fidelity), Morgan Stanley, Goldman Sachs, among others. On the short side, 321k shares were sold short as of the 2026-06-15 count, about 0.2% of shares outstanding (1.2 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
IHG has cut its share count 15.6% over the past five years. It pays a dividend, and has for 4 years running, raised 3 years straight. Cash returned over the past three years: $777.00M in dividends.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.