intercontinental hotels group

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InterContinental Profits Up

By Mike Elliott LONDON (Reuters UK) - InterContinental Hotels Group IHG, the world's largest hotelier, reported a 22 percent rise in first-quarter profit and said it was well placed for further growth despite an economic downturn. The company, which operates InterContinental, Crowne Plaza and Holiday...

Tags: Pound, Hotel, InterContinental Hotels Group, Operational Accounting, Finance, Oukbs

News items 2008-05-07

Additional Resources

InterContinental says quarterly profit slides by third

LONDON AFP — InterContinental Hotels Group said on Wednesday that its net profit slumped by a third in the first quarter as it relaunched its Holiday Inn brand, but gave a positive outlook even amid economic unrest. The British company said net profit slumped by 34 percent to...

Articles 2008-05-07

AiMA Awards 2008 Names Engauge Digital and IHG Best in Show

Virtual World Meeting Space "The Place to Meet Island" also Selected Winner of Vanguard Award ATLANTA -- Engauge Digital, the Interactive Center of Excellence within Engauge that leverages knowledge in human behavior to produce digital design and marketing strategy, was awarded both the Vanguard Award for Most Creative...

Articles 2008-05-05

Hotel Indigo in Chicago Suburb of Vernon Hills Opens With Modern Boutique Setting and High-Style, Affordable Luxury

VERNON HILLS, Ill., May 5 /PRNewswire/ -- As boutique hotels - with their intimate, luxurious environments, and personalized accommodations and services - gain increasing popularity across North America, Hotel Indigo will open its much-anticipated third property in the Chicago area on May 8th. Following a $5 million renovation...

Articles 2008-05-05

Johnson & Johnson to Participate in Deutsche Bank Health Care Conference

NEW BRUNSWICK, N.J., April 29 /PRNewswire-FirstCall/ -- Johnson & Johnson will participate in the Deutsche Bank 33rd Annual Health Care Conference on Monday, May 5th at The InterContinental hotel in Boston. David Y. Norton, Company Group Chairman, Pharmaceuticals, will represent the Company in a session scheduled at 12:00...

Articles 2008-04-29

MHI Hospitality Corporation Announces Second Quarter Dividend

WILLIAMSBURG, Va., April 28 /PRNewswire-FirstCall/ -- MHI Hospitality Corporation announced today that its board of directors has declared a quarterly dividend of $0.17 per share of common stock payable to shareholders of record on the close of business Monday, June 16, 2008. The dividend will be paid...

Articles 2008-04-28

MHI Hospitality Corporation Closes Acquisition of Hampton, Virginia Asset

WILLIAMSBURG, Va., April 24 /PRNewswire-FirstCall/ -- MHI Hospitality Corporation announced today that the Company has completed the acquisition of the 172-room former Radisson Hotel in Hampton, Virginia for approximately $7.75 million, or $45,000 per room. The Company has also entered into a 10-year franchise agreement with InterContinental...

Articles 2008-04-24

OpenPages Continues Strong Momentum in Q1 2008

OpenPages, the leading provider of enterprise GRC management solutions that optimizebusiness performance, today announced a strong start to 2008. Building onits strong financial performance in 2007, OpenPages' growth continues in2008 with important customer wins that underscore the ongoing critical needof global organizations for a comprehensive approach to enterprise-widerisk...

Articles 2008-04-21

Frontier announces two additions to executive team

AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Two additions to the executive team have been announced by Frontier Airlines Holdings Inc (NasdaqGM:FRNT), the parent company of Denver-based Frontier Airlines. Frontier Airlines has appointed Jim Young as the new vice president of distribution, sales and marketing; while Tom...

Articles 2008-04-18

Two Industry Veterans Join Frontier Management Team

New additions bring more than 40 years of aviation and industry experience DENVER, April 17 /PRNewswire-FirstCall/ -- Frontier Airlines Holdings, Inc. announced two additions to its executive management team. Jim Young is the new Vice President of Distribution, Sales and Marketing. Young has more than 15 years...

Articles 2008-04-17

National Association of Corporate Directors New England Chapter Announces Director of the Year Award Winners

Raytheon Secures Board of the Year Honor, Highlights List Winners to be Honored at May 8th Event at Boston's Intercontinental Hotel BOSTON -- The National Association of Corporate Directors NACD New England Chapter today announced the winners of the 2008 Director of the Year Awards. The awards dinner...

Articles 2008-04-17

Timothy's World Coffee Brings Gourmet Coffee to intercontinental hotels group

New In-Room Single Serve Hot Beverage Solution for Crowne Plaza Hotels & Resorts, Hotel Indigo and Intercontinental Hotels & Resorts TORONTO, April 10 /PRNewswire/ -- Timothy's Coffees of the World Inc., a pioneer in producing the highest standard of specialty coffee in North America, has entered into...

Articles 2008-04-10

Developers to open Crowne Plaza in Kenner

A group of Metairie developers plans to open a franchised Crowne Plaza hotel in Kenner sometime in the third quarter. Joe Jaeger Jr. of the MCC Group LLC confirmed he is one partner involved with converting the former Holiday Inn Select at 2929 Williams Blvd. into a...

Articles 2008-04-07

The Hackett Group to Preview 2008 SG&A Research Findings At 18th Annual Best Practices Conference

"20/20 Vision: Are You on the Right Path to World-Class" Also Features Executive Presentations from Alcoa, Caterpillar, Corning, and Others ATLANTA & LONDON -- The Hackett Group, a global strategic advisory firm (NASDAQ: HCKT), announced today that it will preview findings from its 2008 Book of Numbers([TM]) research...

Articles 2008-04-03

MHI Hospitality Corporation Announces Crowne Plaza® Flag for Hampton Hotel

WILLIAMSBURG, Va., April 1, 2008 /PRNewswire-FirstCall/ -- MHI Hospitality Corporation announced today that the Company has entered into a 10-year franchise agreement with InterContinental Hotels Group IHG [LON: IHG, NYSE: IHG ADRs] through its franchising entity, Holiday Hospitality Franchising, Inc., to brand its Hampton, Virginia hotel as the...

Articles 2008-04-01

Spacenet awarded contract by intercontinental hotels group for VSAT network upgrade

TELECOMWORLDWIRE-28 March 2008-Spacenet awarded contract by InterContinental Hotels Group for VSAT network upgradeC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Spacenet Inc, a provider of advanced satellite networking services and a wholly owned subsidiary of Gilat Satellite Networks Ltd (Nasdaq:GILT), announced on Thursday (27 March) that the company has signed a...

Articles 2008-03-28

Developers eye Kenner for Crowne Plaza hotel

New Orleans will have additional lodging when a group of Metairie developers will open a franchised Crowne Plaza hotel in Kenner sometime in the third quarter of 2008. Joe Jaeger Jr. of The MCC Group LLC confirmed he is one partner involved with conversion of the former...

Articles 2008-03-28

Spacenet Signs Contract to Upgrade VSAT Network for intercontinental hotels group

--New SkyEdge Satellite Network to Support Hotel Applications at 2,500 of IHG's Hotel Branded Locations-- MCLEAN, Va. -- Spacenet Inc., a leading provider of advanced satellite networking services for enterprise and government, announced today that it has signed a contract to provide IHG InterContinental Hotels Group [LON:IHG, NYSE:IHG...

Articles 2008-03-27

IHG Signs Agreement for First Property in Cartagena, Colombia

The Holiday Inn Express Cartagena Will Be Part of a Mixed-Use Complex in the Heart of Downtown Cartagena MIAMI -- IHG InterContinental Hotels Group (LSE:IHG) (NYSE:IHG) ADRs, one of the world's largest hotel groups by number of rooms, today announced plans to open the Holiday Inn Express Cartagena...

Articles 2008-03-20

Destination News - Hotel, Resort & Spa

Mar 17, 2008 Crowne Plaza Hotels Crowne Plaza Hotels and Resorts is to open its second hotel in Manchester this September in the Northern Quarter. Crowne Plaza Manchester will have 228 guest rooms - including, on the top floor, 24 Club rooms and the Plaza Suite...

Articles 2008-03-17