InterContinental Hotels Group PLC (IHG) Q1 2024 Sales/ Trading Statement Call Transcript

InterContinental Hotels Group PLC (NYSE:IHG) Q1 2024 Sales/ Trading Statement Call May 3, 2024 3:30 AM ET

Company Participants

Stuart Ford – Head, IR
Elie Maalouf – Group CEO
Michael Glover – CFO

Conference Call Participants

Vicki Stern – Barclays
Jamie Rollo – Morgan Stanley
Richard Clarke – Bernstein
Muneeba Kayani – Bank of America
Jaina Mistry – Jefferies
Jarrod Castle – UBS
Leo Carrington – Citi
Alex Brignall – Redburn Atlantic
Jaafar Mestari – BNP Paribas

Stuart Ford

Good morning, everyone, and welcome to the IHG Hotels & Resorts Conference Call, covering the 2024 First Quarter Trading Update. I’m Stuart Ford, Head of Investor Relations at IHG and I’m joined this morning by Elie Maalouf, our Chief Executive Officer; and Michael Glover, our Chief Financial Officer.

Just to remind listeners on the call that in discussions today, the company may make certain forward-looking statements as defined under U.S. law. Please do refer to this morning’s announcement and the company’s SEC filings for factors that could lead actual results to differ materially from those expressed in or implied by any such forward-looking statements.

For those analysts or institutional investors who are listening via our website, can I remind you that in order to ask questions, you will need to dial-in using the details on Page 3 of this morning’s Q1 RNS release.

The release, together with the usual supplementary data pack for the first quarter, can be downloaded from the results and presentations section under the Investors tab on ihgplc.com.

This morning, we also released a separate announcement regarding changes to System Fund arrangements, which is summarized in the Q1 trading update release. You’ll also find that separate full release under the Investors’ tab on ihgplc.com or by following the link within the trading update release.

Now, over to Elie.

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