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Purchase of own shares LONDON, UK / ACCESS Newswire / February 18, 2026 / The Company announces that on 17 February 2026 it purchased the following number of its ordinary shares of 20340/399 pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 8 May 2025 (the "Purch...
InterContinental Hotels Group is betting on a World Cup-driven recovery in U.S. travel in 2026 after reporting a third quarterly decline there on Tuesday, though European and Asian demand helped it beat fourth-quarter room revenue expectations.
From Hyatt to IHG's Holiday Inn brand, hotel operators are making changes to free breakfast options, in some cases eliminating it, as part of cost-cutting and revenue-raising measures. Breakfast service can siphon off 5 percent or more of a hotel's sales and some property owners are trying to get that back.
CarMax on Thursday named Keith Barr as its next chief executive, who will take over the helm at the used-car retailer as it navigates a turnaround plan and lower demand.
InterContinental Hotels has done a good job of rebounding from the COVID-19 pandemic. However, competitors like Marriott and Hilton have also seen strong growth.
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