InterContinental Hotels Group PLC: Company Profile and SWOT Analysis by ICDResearch

VIEWS: 50 PAGES: 38

More Info
									InterContinental Hotels Group PLC

_________________________________________________________________________________



InterContinental Hotels Group PLC                                             Financial Snapshot

                                                                              Operating Performance
Fast Facts
                                      Broadwater Park, Buckinghamshire, UB9   The company reported revenues of US$1,628.00
Headquarters Address
                                      5HR,United Kingdom                      million during 2010, with a CAGR of 6.21% during
                                                                              2006–2010. Its revenue grew at an annual rate of
Telephone                              + 44 1895 512000
                                                                              5.85% over the previous fiscal year. In 2010, the
                                                                              company recorded an operating margin of 28.19%, as
Fax                                    + 44 1895 512101                       against -0.65% in 2009.

Website                               www.ihgplc.com
                                                                              Revenue and Margins
Ticker Symbol, Stock Exchange         IHG, London Stock Exchange (LON)

Number of Employees                   7,858

Fiscal Year End                       December

Revenue (in US$ million)              1,628.00




SWOT Analysis

Strengths                             Weaknesses                              Return on Equity

Loyal Customer Base                   Declining EMEA Revenues                 The company recorded a return on equity (ROE) of
                                                                              103.17% for 2010, as compared to its peers, Marriott
                                                                              International, Inc. (Ticker: MAR), Wyndham
Proprietary Reservation System        Reliance on the Americas                Worldwide Corporation (Ticker: WYN) and Millennium
                                                                              & Copthorne Hotels plc (Ticker: MLC), which recorded
Strong Brand Portfolio                                                        ROEs of 28.90%, 12.99% and 4.94% respectively.
                                                                              The company reported an operating margin of
                                                                              28.19% in 2010.
Opportunities                         Threats

Online Booking Portal                 Environmental Liabilities               Return on Equity


Re-launch of Holiday Inn Brand Hotels Travel Restrictions

Strategic Expansion




                                                                              Liquidity Position

                                                                              The company reported a current ratio of 0.51 in 2010,
                                                                              as compared to its peers, Marriott International, Inc.,
                                                                              Wyndham Worldwide Corporation and Millennium &
                                                                              Copthorne Hotels plc, which recorded current ratios of
                                                                              1.35, 1.11 and 1.39 respectively. As of December
                                                                              2010, the company recorded cash and short-term
                                                                              investments of worth US$78.00 million, against
                                                                              US$18.00 million current debt. The company reported
                                                                              a debt to equity ratio of 2.80 in 2010 as compared to
                                                                              its peers, Marriott International, Inc., Wyndham
                                                                              Worldwide Corporation and Millennium & Copthorne
                                                                              Hotels plc, which recorded debt to equity ratios of
                                                                              1.78, 1.28 and 0.21 respectively.




___________________________________________________________________________________________

InterContinental Hotels Group PLC - SWOT Profile                                                                      Page 1
InterContinental Hotels Group PLC

_________________________________________________________________________________


TABLE OF CONTENTS

1     Business Analysis ................................................................................................................................... 5
    1.1       Company Overview ................................................................................................................................................5
    1.2       Business Description ..............................................................................................................................................5
    1.3       Major Products and Services .................................................................................................................................6
2     Analysis of Key Performance Indicators ............................................................................................... 7
    2.1       Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
    2.2       Key Financial Performance Indicators .................................................................................................................10
      2.2.1       Revenue and Operating Profit .........................................................................................................................10
      2.2.2       Asset, Liabilities and Capex .............................................................................................................................11
      2.2.3       Net Debt vs. Gearing Ratio ..............................................................................................................................12
      2.2.4       Solvency ..........................................................................................................................................................13
      2.2.5       Valuation ..........................................................................................................................................................14
    2.3       Competitive Benchmarking ..................................................................................................................................15
      2.3.1       Market Capitalization .......................................................................................................................................15
      2.3.2       Efficiency ..........................................................................................................................................................16
      2.3.3       Capital Expenditure ..........................................................................................................................................17
      2.3.4       Valuation ..........................................................................................................................................................18
      2.3.5       Turnover – Inventory and Asset .......................................................................................................................19
      2.3.6       Liquidity ............................................................................................................................................................20
3     Mergers & Acquisitions and Partnerships ........................................................................................... 21
    3.1       M&A and Partnerships Strategy ...........................................................................................................................21
4     Recent 
								
To top