140.47000 USD
1.8
1.30%
Last update Dec 15, 3:59 PM EST
Pre-market
Day range
138.74001
140.67000
Previous close
138.67000
Open
139.28999
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Intercontinental Hotels Group PLC ADR
140.47
1.80
1.30%

Overview

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Description

Intercontinental Hotels Group PLC ADR represents American Depositary Receipts of the UK-based multinational company focusing on hospitality services. The primary function of these ADRs is to enable U.S. investors to indirectly own shares in Intercontinental Hotels Group, facilitating cross-border investment while allowing trading in U.S. dollars. The company is a prominent player in the global hospitality industry, operating a diverse portfolio of hotels and resorts across different brands, including Holiday Inn, Crowne Plaza, and InterContinental Hotels and Resorts. Intercontinental Hotels Group has a significant impact on the travel and leisure sector by offering various accommodations to business and leisure travelers worldwide. Notably, the company's strategic partnerships and franchise model enable vast geographic expansion and brand presence. Intercontinental Hotels Group PLC ADR plays a critical role in diversifying investment portfolios, providing access to international market performance through the lens of an influential entity in the tourism and lodging industry.

About

CEO
Mr. Elie Wajih Maalouf
Employees
12587
Address
Windsor Dials 1
Arthur Road
Windsor, SL4 1RS
Phone
44 1753 972 000
Website
Instrument type
American depositary receipt
Sector
Consumer Cyclical
Industry
Lodging
Country
United States
MIC code
XNYS
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