InterContinental Hotels Group PLC 2025 Third Quarter Trading Update

InterContinental Hotels Group PLC (IHG) reported its 2025 third quarter trading update, highlighting a global RevPAR increase of +1.4% year-to-date (YTD), with a +0.1% rise in Q3. The company opened 14.5k rooms (99 hotels) in Q3, a 17% year-on-year (YOY) increase, and signed 22.6k rooms (170 hotels), up 18% YOY. IHG remains on track to meet full-year consensus profit and earnings expectations. The Americas region saw a Q3 RevPAR decline of -0.9%, while EMEAA and Greater China experienced growth of +2.8% and a sequential improvement, respectively. IHG also announced the launch of a new premium collection brand in the coming months and completed $700m of its $900m share buyback program, reducing the share count by 3.9%. The company expects to return over $1.1bn to shareholders in 2025 through share repurchases and dividend payments.