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Who Owns Intercontinental Hotels?

Who Owns Intercontinental Hotels
Gerelateerd Holiday Inn Hyatt Marriott International Accor Wyndham Hotels and Res Hilton Worldwide Choice Hotels

Who owns the InterContinental brand?

From Wikipedia, the free encyclopedia

InterContinental Hotels & Resorts

The InterContinental Vienna, the oldest continuously operating member of the chain, since 1964.
Type Subsidiary
Industry Hotels
Founded 4 April 1946 ; 77 years ago
Founder Juan Trippe
Headquarters Denham, Buckinghamshire, United Kingdom
Number of locations 208 hotels and resorts
Area served Global
Key people Keith Barr, CEO
Revenue $4.627 billion ( InterContinental Hotels Group, 2019)
Owner Pan Am Corporation (1946–1981) Grand Metropolitan (1981-1988) Saison Group (1988-1998) Bass (1998-2000) Six Continents (2000-2003) InterContinental Hotels Group (2003–present)
Website www,ihg,com

InterContinental Hotels & Resorts is a luxury hotel brand created in 1946 by Pan Am founder Juan Trippe, It has been part of UK-based InterContinental Hotels Group since 1998. As of January 2023, there were 208 InterContinental hotels worldwide, with 70,287 rooms.

Is InterContinental hotel part of Marriott?

Marriott Bonvoy is Marriott’s loyalty rewards program, and Marriott is an entirely separate company from IHG (the InterContinental Hotels Group), which has its own loyalty program, IHG Rewards.

What hotel chain owns InterContinental?

IHG Brand Overview – IHG has a gigantic portfolio of nearly 6,000 properties, which makes it fall just short of Hilton in terms of the number of properties. The brands are generally lumped into 1 of 4 categories: Suites, Essentials, Premium, and Luxury.

In all, there are 17 brands, and they range from more budget accommodations such as Candlewood Suites to opulent resort spots like Six Senses. Lastly, IHG has also partnered with, a boutique travel agency boasting partnerships with over 400 hotels globally. Mr and Mrs Smith properties aren’t owned by the travel agency — instead, they are a curated selection of the world’s best hotels in places like Croatia, Sri Lanka, Iceland, Morocco, St.

Vincent and the Grenadines, Belize, and more. Mr and Mrs Smith properties aren’t within the IHG brand, but instead, you can earn and redeem IHG One Rewards points for stays at select properties.

Is IHG owned by Hilton?

IHG® One Rewards is the loyalty rewards program for the InterContinental Hotels Group, whereas the Hilton Honors loyalty rewards program is exclusive to Hilton Hotels and its affiliated properties. IHG and Hilton are not affiliated.

Is IHG and InterContinental the same?

From Wikipedia, the free encyclopedia

InterContinental Hotels Group plc

Trade name IHG Hotels & Resorts
Type Public
Traded as
  • LSE : IHG
  • NYSE : IHG
  • FTSE 100 component (LSE)
Industry Hospitality
Founded 15 April 2003 ; 20 years ago
Headquarters Windsor, England, UK
Number of locations 6,028 hotels 884,820 rooms (2022)
Key people
  • Deanna Oppenheimer (chair­person)
  • Keith Barr (CEO)
Products Hotels and resorts
Brands see Brands
Revenue US$ 3.892 billion (2022)
Operating income US$628 million (2022)
Net income US$376 million (2022)
Number of employees 325,000 (2023)
Website ihgplc,com

InterContinental Hotels Group ( IHG ), marketed as IHG Hotels & Resorts, is a British multinational hospitality company headquartered in Windsor, England. It is listed on the London Stock Exchange and the New York Stock Exchange, It is also a constituent of the FTSE 100 Index,

Is IHG and Hilton Honors the same?

IHG – The IHG One Rewards program has also removed award charts in favor of dynamic pricing, which brings with it a bit of confusion for members who want to plan for redemption. Instead, you’ll need your exact dates of travel before knowing how many points to save up.

Who owns the most hotel chains?

In this article, you will read which hotel companies are leading forces in the global hotel market for 2022.

    Marriott International Of course, Marriott International, the American multinational company in the hotel industry leads the list with the Top 10 major hotel companies in the world for 2021. Marriott is the largest hotel chain in the world by the number of available rooms. It has 30 brands with 7.642 hotels including 1.423.044 rooms in 131 countries and territories. Between 2020 and 2021 the number of Marriott International rooms increased from 1.358.400 to 1.400.289 rooms, recording an increase of 3.1%. Jin Jiang With more hotels than Marriott International but less rooms, Jin Jiang is the second largest hotel chain in the world in terms of room offerings. In 2021, according to latest data the Chinese company manages more than 10.000 hotels with almost 1.100.000 rooms, recording a growth of 6.7%, compared to last year.

    Hilton Hotels Hilton Hotels is the third largest hotel chain in the world. Between 2020 and 2021 more than 600 hotels were added to the company’s portfolio. The growth of this group remains strong, mainly in the United States. In 2021 Hilton Hotels operates 1.010.257 rooms. This number has increased 4.9%, compared to last year.

    Net income was $240 million for the third quarter of 2021, according to financial results. Hilton added 14.700 rooms in the third quarter, contributing to 11.200 net additional rooms during the period and approximately 6.6% annualized net unit growth from September 30, 2020.

    1. InterContinental Hotels Group (IHG) Today, InterContinental Hotels Group is No.4 worldwide.
    2. The Group recorded “weak” growth of only 0.3% between 2020 and 2021.
    3. It is worth mentioning that, in 2020 for IHG, a 52.5% reduction in RevPAR led to operating profit from reportable segments falling by 75%.
    4. InterContinental Hotels Group has almost 6.000 hotels and 886.036 rooms in its portfolio.

    Wyndham Hotels and Resorts, Inc The Wyndham Hotels and Resorts is the fifth largest in the world. The American hotel group «saw» a 4.2% drop in its room offer, making it the only western hotel group in the top 10 with the lowest number of rooms, compared to last year.

    1. Nowadays, the Wyndham Hotels and Resorts owns 8,941 hotels with 795,909 rooms.
    2. The hotel company is based in Parsippany, New Jersey and revenue for fiscal year ended December 31, 2020 reached 1.300 billion dollars.
    3. Accor Group This French hotel chain has more than 5.000 hotels worldwide.
    4. The number of Accor Group rooms is over 750.000, with an annual increase of 3.1% in the room offer.

    Growth has remained stable for many years, with the Accor group growing by about 3% between 2019 and 2020. Recently was announced that Accor became an official partner of the Olympic and Paralympic Games Paris 2024. Huazhu Hotels Group Huazhu Hotels Group is another Chinese hotel group with a large number of hotels and rooms in its portfolio.

    The headquarter is in Changning District, Shanghai. It was founded in 2005. The chain operates almost 7.000 hotels and has 607.137 rooms. Growth compared to 2020 was extremely high and between 2020 and 2021 the increase in room supply amounted to 23.2%. Choice Hotels Recording a global increase in room offer of 1.2%, the American franchiser Choice Hotels has not moved from 8th place in the ranking.

    For 2021 the hotel chain has 7.147 hotels, with a total offer of 597.977 rooms. Choice Hotels operates in more than 40 countries around the world. Third quarter in 2021 domestic RevPAR exceeded guidance and grew 11.4% above 2019 levels, awarded 89 new domestic franchise agreements in the quarter, a 10% increase from the same period of 2020.

    1. OYO Hotels & Homes It is an Indian hotel chain that came through a lot of problems in the last year.
    2. Thus, its room offer is reduced by 54.3%, compared to last year.
    3. The company which was founded in 2013 had some serious problems in China and Europe that caused this huge loss in room supply.
    4. Compared to the ranking of the top 10 hotel chains of 2020, OYO has lost 7 places and is now in 9th place.

    OYO still operates more than 20.000 hotels with 449.000 rooms. BTH Hotels BTH Hotels is the third Chinese hotel chain in the list of top 10. This chain, like Jin Jiang and Huazhu, achieved high growth this year compared to 2020. Room supply increased by 6.6% between 2020 and 2021.

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Does Marriott own Hyatt?

Is Hyatt a part of Marriott? – No, Hyatt is not a part of Marriott. Instead, these are two competing hotel companies: Hyatt Hotels Corporation and Marriott International, Hyatt began in 1957 while Marriott has been around since 1927. Both of these hospitality companies have a number of different brands with Hyatt totaling 20 brands and Marriott totaling 30 distinct brands.

Is IHG Rewards same as Marriott?

IHG One Rewards – Like Marriott, you’ll earn 10x points on eligible stay charges with most IHG brands, except for two: Staybridge Suites and Candlewood Suites. You’ll earn 5x IHG One Rewards points there. Elite members will earn bonuses as follows:

Elite status level How to earn. Earnings bonus
Club Member. Free to join. N/A.
Silver Elite. Stay 10 qualified nights. 20% points bonus.
Gold Elite. Stay 20 qualified nights or earn 40,000 qualified points. 40% points bonus.
Platinum Elite. Stay 40 qualified nights or earn 60,000 qualified points. 60% points bonus.
Diamond Elite. Stay 70 qualified nights or earn 120,000 qualified points. 100% points bonus.

IHG rates fluctuate with demand, like cash rates would for most desired dates, and you will see different rates on different dates. You have to check manually how many points a reward night requires at any given property on any given night. Who Owns Intercontinental Hotels InterContinental Hong Kong’s lounge. (Image courtesy of IHG)

What is the new name of IHG?

Revamped IHG One Rewards: New Name, Improved Benefits IHG Hotels and Resorts has unveiled its all-new rewards program, which is now called IHG One Rewards, A few months ago, IHG announced that it would be revamping its loyalty program completely, and shared details of new elite tiers, including the addition of a new tier called Platinum Elite.

And now, the chain has released more details of its new program, which will provide some benefits that IHG fans have been requesting for a long time. “This is one of the largest and most comprehensive investments that IHG Hotels & Resorts has made in recent years. It’s also the biggest development we’ve made in the loyalty space since introducing the industry’s first loyalty program,” said Claire Bennet, Global Chief Customer Officer at IHG Hotels and Resorts.

Let’s take a closer look at what we know at this point about the brand-new IHG One Rewards program.

Does Ritz Carlton belong to Marriott?

History In the United States, The Ritz-Carlton Investing Company was established by Albert Keller who bought and franchised the name. In the early 1900s, several hotels were known as The Ritz-Carlton, in places such as Boston, Philadelphia, Pittsburgh, Atlantic City and Boca Raton.

However, by 1940 none of the hotels were operating except The Ritz-Carlton, Boston. The hotel embodies the finest luxury experience, Yankee ingenuity and Boston social sensibilities. The standards of service, dining and facilities of this Boston landmark served as a benchmark for all future Ritz-Carlton hotels and resorts worldwide.

The Ritz-Carlton, Boston revolutionized hospitality in America by creating luxury in a hotel setting:

Private bath in each guest room Lighter fabrics in the guest room to allow for more thorough washing White tie and apron uniforms for the waitstaff, black tie for the Maître d’ and morning suits for all other staff, conducive to a formal, professional appearance Extensive fresh flowers throughout the public areas A la carte dining, providing choices for diners Gourmet cuisine, utilizing the genius and cooking methods of Auguste Escoffier Intimate, smaller lobbies for a more personalized guest experience

In 1983, The Ritz-Carlton Hotel Company, LLC was formed. Led by president and founding father, Colgate Holmes, alongside Horst Schulze, Joe Freni, Ed Staros and Herve Humler, the company began to expand, adding new properties across the United States.

Within two years, the brand had opened five hotels, including The Ritz-Carlton, Buckhead, The Ritz-Carlton, Atlanta, The Ritz-Carlton, Laguna Niguel and The Ritz-Carlton, Naples. This rapid expansion continued, and by the close of 1992, The Ritz-Carlton had expanded to 23 exceptional luxury hotels, earning its first Malcolm Baldrige National Quality Award.

The following year, they opened their first hotel in Asia, The Ritz-Carlton, Hong Kong. In 1998, the success of The Ritz-Carlton Hotel Company had attracted the attention of the hospitality industry, and the brand was purchased by Marriott International.

  • Since this purchase, The Ritz-Carlton has continued to grow, providing exceptional service and genuine care to their guests across the globe.
  • In 2000, The Ritz-Carlton Residences opened their first property in Washington, D.C., followed by their first Destination Club property, Aspen Highlands, Colorado in 2001.

In addition to dozens of new hotels around the globe, in 2008 the company opened the first Ritz-Carlton Reserve property, offering a private sanctuary experience in Phulay Bay, Krabi, Thailand. Today, the company continues to grow and to inspire life’s most meaningful journeys in the most desirable destinations on earth.

Is Sheraton hotel part of IHG?

This category includes InterContinental Hotels and Resorts (IHG), Hyatt Regency (Hyatt), Wyndham Grand (Wyndham), Westin (Marriott), Sheraton (Marriott), Le Meridien (Marriott), Renaissance (Marriott), Hotel Indigo (IHG), and Alila (Hyatt).

Who owns InterContinental Davos?

Intercontinental Davos After a three year construction period the Hotel InterContinental Davos opened to public in December 2013. Work on the building had started on April 4, 2010. For the InterContinental Hotels Group (IHG) this is the second mountain resort in the Alps since Berchtesgaden.

The owner is a real estate fund by Credit Suisse AG. Feuring was assigned as hotel consultant and in this role set up the hotel concept in 2005 and arranged the operating agreement with IHG in 2006. Up until the hotel opening, Feuring has accompanied the overall project management as well as the sale of the project to Credit Suisse.

Even at first glance the hotel makes a lasting impression with its unique architecture that is a gain of an exceptional kind to the Alpine town of Davos. The architecture has been created by Munich based Oikios GmbH and Baulink AG from Davos. The hotel presents itself high up in the middle of the picturesque mountain scenery with a view over Lake Davos and the town itself as well as over the surrounding mountain panorama and ski slopes.

  1. The project comprises of the hotel InterContinental Davos with over 216 rooms and suites as well as 38 residences.
  2. The spectacular design is continued inside the hotel.
  3. The Living Design Group AG from Stockholm was responsible for the interior design.
  4. The extraordinary concept of the spacious restaurant and lounge areas and the many cosy places of retreat throughout the hotel give guests a feeling of well-being.

A sky lounge on the tenth floor provides for a very special experience: the “Studio Grigio” planned by London based Blue Sky Hospitality with its exclusive restaurant offers a stunning panorama view over the surrounding mountains. The design of the SPA by Oikios GmbH also picks up the cocooning theme and gives guests the opportunity to relax after a day out in the open.

With its harmonious design, the Alpine SPA comprises an area of 1,200 square metres with 12 treatment rooms, a fitness area, a hairdresser, an indoor and outdoor swimming pool, rest rooms and a spacious sauna area, leaving nothing to be desired. Additionally, the hotel disposes of an exclusive meeting and conference area with a size of around 1,500 square metres.

Apart from the generously spaced ballroom, a number of very modern and attractive boardrooms with a spacious pre-function area allow smaller meetings to take place in a pleasant atmosphere. A special highlight and another novelty for the hotel industry in Davos is the elaborately designed children’s area with the Globini Kids Club for small children and the Sixteenhundred Teens Club with its own cinema, billiard room and games consoles.

How much does the CEO of InterContinental make?

InterContinental Hotels Group PLC (IHG) Leadership & Management Team Analysis InterContinental Hotels Group’s CEO is Keith Barr, appointed in Jul 2017, he has a tenure of 5.8yrs. His total yearly compensation is US$4.9m, comprised of 21.8% salary and 78.2% bonuses, including company stock and options.

CEO salary percentage 21.8%
CEO tenure 5.8yrs
CEO ownership 0.07%
Management average tenure 4.2yrs
Board average tenure 2.6yrs

table> How has Keith Barr’s remuneration changed compared to InterContinental Hotels Group’s earnings?

Date Total Comp. Salary Company Earnings Dec 31 2022 US$5m US$1m US$375m Sep 30 2022 n/a n/a US$405m Jun 30 2022 n/a n/a US$434m Mar 31 2022 n/a n/a US$350m Dec 31 2021 US$4m US$1m US$266m Sep 30 2021 n/a n/a US$132m Jun 30 2021 n/a n/a -US$2m Mar 31 2021 n/a n/a -US$131m Dec 31 2020 US$2m US$974k -US$260m Sep 30 2020 n/a n/a -US$195m Jun 30 2020 n/a n/a -US$131m Mar 31 2020 n/a n/a US$127m Dec 31 2019 US$4m US$1m US$385m Sep 30 2019 n/a n/a US$404m Jun 30 2019 n/a n/a US$422m Mar 31 2019 n/a n/a US$386m Dec 31 2018 US$4m US$1m US$349m Sep 30 2018 n/a n/a US$431m Jun 30 2018 n/a n/a US$525m Mar 31 2018 n/a n/a US$533m Dec 31 2017 US$3m US$524k US$534m

Compensation vs Market: Keith’s total compensation ($USD4.92M) is about average for companies of similar size in the UK market ($USD5.61M). Compensation vs Earnings: Keith’s compensation has been consistent with company performance over the past year.

Name Position Tenure Compensation Ownership
Keith Barr CEO & Director 5.8yrs US$4.92m 0.066% $ 6.3m
Elie Maalouf CEO of the Americas & Executive Director 8.2yrs US$3.86m 0.058% $ 5.5m
Michael Glover CFO & Executive Director less than a year no data no data
Daniel Blanchard Chief Technology Officer 3.2yrs no data no data
Stuart Ford VP & Head of Investor Relations no data no data no data
Nicolette Henfrey Executive VP 4.2yrs no data 0.0056% $ 529.4k
Michael Torres Chief Communications Officer & VP of Corporate Communications – Americas Region 7.3yrs no data no data
Wayne Hoare Chief Human Resources Officer 2.6yrs no data 0.0062% $ 592.2k
Chris Moloney Chief Operating Officer of South West Asia no data no data no data
Allan McEwan Senior Vice President of Finance & Development – EMEA no data no data no data
Lewis Fader Senior Vice President of Operations – Americas East Region & Canada no data no data no data
Heather Balsley Senior Vice President of Global Marketing – Mainstream Category no data no data no data

Experienced Management: IHG’s management team is considered experienced (4.2 years average tenure).

Name Position Tenure Compensation Ownership
Keith Barr CEO & Director 5.8yrs US$4.92m 0.066% $ 6.3m
Elie Maalouf CEO of the Americas & Executive Director 5.3yrs US$3.86m 0.058% $ 5.5m
Michael Glover CFO & Executive Director less than a year no data no data
Daniela Soares Independent Non-Executive Director 2.1yrs US$102.75k 0.00018% $ 17.1k
Deanna Oppenheimer Non-Executive Chairman less than a year US$222.43k no data
Sharon Rothstein Independent Non-Executive Director 2.8yrs US$108.80k no data
Byron Grote Independent Non-Executive Director less than a year US$50.77k 0.0016% $ 155.2k
Arthur De Haast Independent Non-Executive Director 3.3yrs US$103.96k 0.00058% $ 55.2k
Graham Allan Senior Independent Non-Executive Director 2.6yrs US$142.65k no data
Jo Harlow Independent Non-Executive Director 8.6yrs US$136.60k 0.00055% $ 52.4k
Duriya Farooqui Independent Non-Executive Director 2.3yrs US$114.84k no data

Experienced Board: IHG’s board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No.337927).

Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

Please read our Financial Services Guide before deciding whether to obtain financial services from us. : InterContinental Hotels Group PLC (IHG) Leadership & Management Team Analysis

How much does Keith Barr make?

Board Members

Keith BarrCEO & Director US$4.92m
Elie MaaloufCEO of the Americas & Executive Director US$3.86m
Michael GloverCFO & Executive Director
Daniela Soares US$102.75k
Deanna OppenheimerNon-Executive Chairman US$222.43k

Who is the CEO of InterContinental?

Keith Barr – CEO – IHG Hotels & Resorts | LinkedIn.