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InterContinental Hotels Group bids farewell to pandemic

The company launched a new share buyback programme and raised its dividend as leisure travel demand remains strong
February 20, 2024
  • Pre-tax profits soar
  • Leverage set to rise this year

InterContinental Hotels Group's (IHG) annual results represented a definitive recovery from the Covid-19 pandemic for the Holiday Inn and Crowne Plaza owner, as it posted an operating profit of more than $1bn (£794mn) for the first time and unveiled robust growth across key metrics. 

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