InterContinental Hotels Group PLC at Barclays Eat, Sleep, Play Conference Transcript

Nov 28, 2023 / 04:45PM GMT
Victoria Jane Lee Stern - Barclays Bank PLC, Research Division - MD & Equity Analyst

Okay. Great. Hi, everyone. I'm Vicki Stern. I head up the European Leisure Research team at Barclays. And delighted to have with us today Elie Maalouf, who's CEO of IHG. Elie is going to give us a few comments just to kick things off, and then we'll start with the Q&A.

Elie Wajih Maalouf - InterContinental Hotels Group PLC - CEO & Executive Director

Thank you, Vicki. Good afternoon, everybody. By way of introduction, for anyone less familiar with IHG Hotels & Resorts, we are a leading global hospitality company with over 6,200 hotels in our system. That equates to 930,000 open rooms across more than 100 countries. And we have further 1,900 hotels or nearly 300,000 rooms signed in the pipeline and that's equivalent to more than 30% growth over the coming years and over 40% of which are already under construction.

So we have a strong portfolio of 19 brands across our 5 categories and those are luxury and lifestyle, premium, essential suites and exclusive

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