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IHG Announces $950M Buyback Amid Travel Recovery Signs

2/18/2026

26 5 Full Breakdown

Summary

Story summary

Intercontinental Hotels Group Plc (IHG) announced a $950 million share buyback, signaling confidence in travel recovery in China and the U.S. market.
IHG reported a 1.6% decline in revenue per available room in Greater China for 2025, but the final quarter grew.
CFO Michael Glover cited a longer Chinese New Year and government consumption plans as demand boosters.
Operating profit rose 13% to $1.27 billion.

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Story summary

Intercontinental Hotels Group Plc (IHG) announced a $950 million share buyback, signaling confidence in travel recovery in China and the U.S. market.
IHG reported a 1.6% decline in revenue per available room in Greater China for 2025, but the final quarter grew.
CFO Michael Glover cited a longer Chinese New Year and government consumption plans as demand boosters.
Operating profit rose 13% to $1.27 billion.