Intercontinental Hotels' Demand Could Lift Earnings Forecasts

Dow Jones06-26

1100 GMT - Earnings forecasts for Intercontinental Hotels could be lifted on its resilient demand, particularly in the U.S., Jefferies analysts say in a research note. The Windsor-based group's recent brand strategy and strong performance in its luxury and lifestyle portfolio should support faster hotel openings, the analysts say. They now expect unit growth to accelerate beyond previous forecasts, with further upside possible over the medium term. This combination of steady earnings growth and expanding hotel capacity underpins the view that the shares deserve a higher valuation, they add. Shares trade broadly flat at $171.45. (nina.kienle@wsj.com)

(END) Dow Jones Newswires

June 26, 2026 07:00 ET (11:00 GMT)

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This combination of steady earnings growth and expanding hotel capacity underpins the view that the shares deserve a higher valuation, they add. Shares trade broadly flat at $171.45. 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