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InterContinental Hotels Group (BSP:I1HG34) Management Fees (USD Mil) : 0.00 (As of . 20)


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What is InterContinental Hotels Group Management Fees (USD Mil)?

Management Fees (USD Mil) of hospitality usually include the salary of managers. A lower management fee is better.

The historical rank and industry rank for InterContinental Hotels Group's Management Fees (USD Mil) or its related term are showing as below:

BSP:I1HG34's Management Fees (USD Mil) is not ranked *
in the Travel & Leisure industry.
Industry Median:
* Ranked among companies with meaningful Management Fees (USD Mil) only.

InterContinental Hotels Group Management Fees (USD Mil) Historical Data

The historical data trend for InterContinental Hotels Group's Management Fees (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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InterContinental Hotels Group Management Fees (USD Mil) Chart



InterContinental Hotels Group  (BSP:I1HG34) Management Fees (USD Mil) Explanation

Management Fees (USD Mil) are one of the major costs for hospitality businesses.

Base management fees should be set so that they compensate managers for their cost of doing business, including overhead and base salaries. This is compensation for showing up to work and thus, should not be a source of profit for management companies as it generally is now. Usually, base management fees are approximately 1.0% to 2.0% of total revenue for most hotels, depending on size, or a duly considered flat fee.

Since it is a cost, a lower management fee is better. However, we also need to measure its effectiveness. Management’s effectiveness is evidenced by two primary results: the ability to generate an appropriate share of top line revenue within the relevant competitive market (in other words, to produce the highest possible level of Revenue per Available Room (USD)); and to convert that revenue into as much sustainable cash flow available to the owner (net operating income, or NOI) as possible.


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InterContinental Hotels Group (BSP:I1HG34) Business Description

Traded in Other Exchanges
Address
1 Windsor Dials, Arthur Road, Windsor, Berkshire, GBR, SL4 1RS
InterContinental Hotels Group operates 930,000 rooms across 18 brands addressing the midscale through luxury segments, as of Sept. 30, 2023. Holiday Inn and Holiday Inn Express constitute the largest brand, while Hotel Indigo, Even, Hualuxe, Kimpton, and Voco are newer lifestyle brands experiencing strong demand. The company launched a midscale brand, Avid, in summer 2017 and closed on a 51% stake in Regent Hotels in July 2018. It acquired Six Senses in February 2019 and launched another midscale brand, Garner, in 2023. Managed and franchised represent 99% of total rooms. As of Sept. 30, 2023, the Americas represents 56% of total rooms, with greater China accounting for 18%; Europe, Asia, the Middle East, and Africa make up 26%.

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