IHG (InterContinental Hotels Group) Purchase Of Business : $-10 Mil (TTM As of Jun. 2024)

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What is InterContinental Hotels Group Purchase Of Business?

InterContinental Hotels Group's purchase of business for the six months ended in Jun. 2024 was $-10 Mil. It means InterContinental Hotels Group spent $10 Mil on purchasing business. InterContinental Hotels Group's purchase of business for the trailing twelve months (TTM) ended in Jun. 2024 was $-10 Mil.

Compared with last quarter ($0 Mil in Dec. 2023 ), InterContinental Hotels Group spent more money on purchasing business in Jun. 2024 ($-10 Mil).

InterContinental Hotels Group Purchase Of Business Historical Data

The historical data trend for InterContinental Hotels Group's Purchase Of Business 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 Purchase Of Business Chart

InterContinental Hotels Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Purchase Of Business

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-304.00

-2.00

-13.00

-1.00

-3.00

InterContinental Hotels Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Purchase Of Business	Get a 7-Day Free Trial															-1.00	-	-	-	-10.00

InterContinental Hotels Group Purchase Of Business Calculation

The amount used to purchase business.

Purchase Of Business for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-10 Mil.

InterContinental Hotels Group Purchase Of Business Related Terms

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InterContinental Hotels Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » InterContinental Hotels Group PLC (NYSE:IHG) » Definitions » Purchase Of Business

Comparable Companies

Traded in Other Exchanges

ICHGF:USA IHG:Mexico IHGl:UK IHG:UK IC1B:Germany IC1H:Germany

Address

1 Windsor Dials, Arthur Road, Windsor, Berkshire, GBR, SL4 1RS

Website

https://www.ihgplc.com

InterContinental Hotels Group operates 946,000 rooms across 19 brands addressing the midscale through luxury segments, as of Dec. 31, 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 2017 and closed on a 51% stake in Regent Hotels in 2018. It acquired Six Senses in 2019 and launched another midscale brand, Garner, in 2023. Managed and franchised represent 99% of total rooms. As of Dec. 31, 2023, the Americas represented 55% of total rooms, with Greater China accounting for 19% and Europe, Asia, the Middle East, and Africa making up 26%.