CNBC's Simon Hobbs speaks to Intercontinental Hotels Group CEO Richard Solomons at the NYU Hospitality Conference, regarding other mergers in the industry and where his company creates value. » Read More
European benchmarks closed higher, although gains were capped by weakness seen in the Italian and Spanish markets.
Marcato Capital Management has hired a bank to tout a purchase of InterContinental Hotels Group for a tax inversion, the Journal reports.
Intercontinental Hotels' board rejected a merger offer in May, Sky News reports.
Take a look at some of Monday's midday movers:
Some of Thursday's midday movers:
European shares closed slightly higher on Tuesday, as the U.K.'s FTSE Index rose after being closed for a public holiday.
Some of the names on the move ahead of the open.
Europe's AC Hotels are coming to the United States in hopes of luring the millennial business traveler.
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 markets closed lower in trade on Friday, despite a better-than-expected U.S. jobs number.
As lending options returned last year, hotel companies have ramped up construction, including Best Western, which is aiming for a more upscale market.
U.K. companies posted their best results in two years during the fourth quarter, according to The Share Centre.
Customers at 14 hotels in eight states will get free credit monitoring for a year after a data breach.
Fourteen hotels in eight states are awaiting the results of an investigation into a nine-month security breach of customer information
The luxury level hotels have been slow to offer free Internet connections, but Loews is giving up the fees in hopes of luring more guests.
Richard Solomons, CEO of InterContinental Hotels Group (IHS), discusses his strategy, after the company sold most of the buildings it owned.
Kirk Kinsell, president of IHG Americas, tells CNBC's Simon Hobbs Even Hotels are a total wellness offer; they give the opportunity to maintain dietary needs as well as get a great night's sleep.
Wedding crashers have less interest in your reception goodies than in your discounted hotel room block.
Richard Solomons, CEO of the InterContinental Hotels Group, talks about how 50% of its growth and future pipeline is in Asia.
European shares closed higher on Thursday, after both the European Central Bank (ECB) and the Bank of England (BoE) voted to maintain ultra-loose monetary policy.