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InterContinental Hotels Group PLC

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  • LONDON, Dec 16- InterContinental Hotels Group, one of the world's largest hoteliers, has agreed to buy U.S.-focused Kimpton Hotels& Restaurants for $430 million to boost its exposure to the faster-growing boutique hotel sector. IHG, home to the Crowne Plaza, Holiday Inn and InterContinenal brands, said on Tuesday that the cash acquisition would be earnings...

  • LONDON, Dec 16- InterContinental Hotels Group, one of the world's largest hoteliers, said it had agreed to acquire U.S.-focused Kimpton Hotels& Restaurants for $430 million to boost its exposure to the boutique hotel space. IHG, home to the Crowne Plaza, Holiday Inn and InterContinenal brands, said on Tuesday that the cash acquisition would be earnings enhancing...

  • IHG agrees to sell Paris-Le Grand to Constellation Monday, 8 Dec 2014 | 2:14 AM ET

    LONDON, Dec 8- InterContinental Hotels Group, one of the world's largest hoteliers, said on Monday it had agreed to sell its Paris- Le Grand hotel for 330 million euros to Constellation Hotels. IHG said it had accepted the offer from Constellation, which was announced in August, following a period of consultation with employees. The deal is expected to complete by...

  • LONDON, Oct 8- European equities fell on Wednesday, with a benchmark index slipping to its lowest in nearly two months, as investors moved out of shares around the world in the face of discouraging signals about the global economy. Growing concern over the spread of Ebola outside Africa also hurt sentiment. In the latest evidence of economic malaise, China's...

  • Qantas stays loyal to its frequent flyer "cash cow" Sunday, 31 Aug 2014 | 5:00 PM ET

    SYDNEY, Sept 1- Australia's flagship airline, Qantas Airways Ltd, is making a mint helping other companies keep their customers- even as it struggles to retain the loyalty of its own. Rival carrier Virgin Australia Holdings announced on Friday it was offloading a stake in its loyalty plan.

  • European shares close mixed; Italy, Spain weigh Tuesday, 5 Aug 2014 | 11:50 AM ET

    European benchmarks closed higher, although gains were capped by weakness seen in the Italian and Spanish markets.

  • BOSTON, Aug 4- Activist hedge fund Marcato Capital Management said on Monday that it has hired Houlihan Lokey as a financial advisor as it seeks to persuade InterContinental Hotels Group to consider selling itself.

  • Hedge fund wants hotel tax inversion: Report Monday, 4 Aug 2014 | 9:34 AM ET

    Marcato Capital Management has hired a bank to tout a purchase of InterContinental Hotels Group for a tax inversion, the Journal reports.

  • Wyndham was the mystery bidder for IHG: report Tuesday, 24 Jun 2014 | 1:45 PM ET
    A sign for the InterContinental Hotel, operated by the InterContinental Hotels Group Plc, sits on display at the hotel in Park Lane, London.

    Intercontinental Hotels' board rejected a merger offer in May, Sky News reports.

  • Midday movers: Allergan, Valeant, US Steel & more Monday, 2 Jun 2014 | 12:20 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Take a look at some of Monday's midday movers:

  • Midday movers: Apple, Astrotech, Blackberry & More Thursday, 29 May 2014 | 12:20 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of Thursday's midday movers:

  • Europe shares close higher; Aveva up 10% Tuesday, 27 May 2014 | 11:56 AM ET

    European shares closed slightly higher on Tuesday, as the U.K.'s FTSE Index rose after being closed for a public holiday.

  • Early movers: HSH, PPC, AAPL, GM & more Tuesday, 27 May 2014 | 7:38 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Marriott lures millennial loyalty with AC Hotels Tuesday, 20 May 2014 | 4:59 PM ET
    Artist rendering of the AC Hotel in Miami Beach.

    Europe's AC Hotels are coming to the United States in hopes of luring the millennial business traveler.

  • Hotel, airfare prices rise as more plan summer travel Friday, 16 May 2014 | 10:45 AM ET
    Lesia, Greg and Evan Bryant in New York City during their three-week road trip.

    The recession finally appears to be in the rear-view mirror for American travelers, many of whom will even indulge in upgrades, according to new industry reports.

  • European shares end lower as Ukraine concerns weigh Friday, 2 May 2014 | 12:01 PM ET

    European markets closed lower in trade on Friday, despite a better-than-expected U.S. jobs number.

  • Hotel construction in post-recession boom phase Monday, 24 Feb 2014 | 10:37 AM ET
    Best Western Premier hotel in Herald Square, New York.

    As lending options returned last year, hotel companies have ramped up construction, including Best Western, which is aiming for a more upscale market.

  • UK companies ended 2013 on a high Tuesday, 18 Feb 2014 | 9:55 AM ET

    U.K. companies posted their best results in two years during the fourth quarter, according to The Share Centre.

  • Hotel data breach went undetected for nine months Thursday, 6 Feb 2014 | 4:47 PM ET

    Customers at 14 hotels in eight states will get free credit monitoring for a year after a data breach.

  • Hotels data breach ire could lead to tipping point Tuesday, 4 Feb 2014 | 5:29 PM ET

    Fourteen hotels in eight states are awaiting the results of an investigation into a nine-month security breach of customer information