ing financial report
Introduction
Business summary
InterContinental Hotels Group PLC (IHG) owns, manages franchises and leases hotels and resorts worldwide. The IHG is a British multinational hotels company headquartered in Denham, UK. It is the largest hotel group in the world with 675,982 rooms, and has more than 4,600 hotels across 100 countries. IHG group has various brands such as: InterContinental, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites, EVEN Hotels, and HUALUXE Hotels and Resorts. In additional, 3934 of 4602 hotels under franchise agreement, 658 are separately owned by managed by IHG, and 10 are directly owned. (InterContinental Hotels Group PLC, 2013)
Historic price chart
From the historical stock price of IHG within 5 years, we can see the general trend of increasing gradually except the small scale decreasing between 2011 and 2012. We think the decreasing for whole year due to the instability of market circumstances, some industries such as: Tourism shares and Hospitality stocks are vulnerable affected by consumer spending. Recently, the stock price kept in a relatively stable and high standard performance. We believe IHG would be a good choice for stockholders and potential investors. (Figure 1)
(Figure 1) Source: Yahoo! Finance
Company Performance
Ratio analyses
According to different ratios we showed as follow, we used past three years figures compared with main competitors Marriott, Starwood and Hyatt. We separated main figures as five parts: liquidity ratios, solvency ratios, activities ratios, profitability ratios and other data, we will analysis them separately. (See in Appendix 1-3)
(Figure 2) Source: Self- conducted
For the liquidity ratio, we used current ratio to compare and found the current ratio are increasing annually and kept in a average level in hospitality industry. The current assets
Business summary
InterContinental Hotels Group PLC (IHG) owns, manages franchises and leases hotels and resorts worldwide. The IHG is a British multinational hotels company headquartered in Denham, UK. It is the largest hotel group in the world with 675,982 rooms, and has more than 4,600 hotels across 100 countries. IHG group has various brands such as: InterContinental, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites, EVEN Hotels, and HUALUXE Hotels and Resorts. In additional, 3934 of 4602 hotels under franchise agreement, 658 are separately owned by managed by IHG, and 10 are directly owned. (InterContinental Hotels Group PLC, 2013)
Historic price chart
From the historical stock price of IHG within 5 years, we can see the general trend of increasing gradually except the small scale decreasing between 2011 and 2012. We think the decreasing for whole year due to the instability of market circumstances, some industries such as: Tourism shares and Hospitality stocks are vulnerable affected by consumer spending. Recently, the stock price kept in a relatively stable and high standard performance. We believe IHG would be a good choice for stockholders and potential investors. (Figure 1)
(Figure 1) Source: Yahoo! Finance
Company Performance
Ratio analyses
According to different ratios we showed as follow, we used past three years figures compared with main competitors Marriott, Starwood and Hyatt. We separated main figures as five parts: liquidity ratios, solvency ratios, activities ratios, profitability ratios and other data, we will analysis them separately. (See in Appendix 1-3)
(Figure 2) Source: Self- conducted
For the liquidity ratio, we used current ratio to compare and found the current ratio are increasing annually and kept in a average level in hospitality industry. The current assets