InterContinental Hotels Group PLC (IHG) Q2 2026 Earnings Call August 10, 2026 8:00 PM EDT
Company Participants
Elie Maalouf – CEO & Executive Director
Conference Call Participants
Karen Tso
Ben Boulos
Presentation
Karen Tso
Let’s push on to earnings. IHG Hotels & Resorts said that the trading in the U.S. accelerated in the second quarter as it confirmed its outlook for the year. It comes as the company reported revenues of just over $2.6 billion for the first half of the year. I’m pleased to say Elie Maalouf has joined us, the CEO of IHG Hotels & Resorts. Elie, thank you so much for joining us. Great to have you back on board.
Question-and-Answer Session
Karen Tso
As we just wake over the trading that you’ve seen in the latest period in the second quarter, the line here was trading has accelerated in the United States. You just want to unpick that for us. How has trading been across the portfolio?
Elie Maalouf
CEO & Executive Director
Yes. Karen, it’s good to be with you. Look, as you mentioned, we had a very good first half of the year. Our RevPAR was up 4%. We had 10% growth in EBIT, 13% growth in earnings per share, and we confirmed our outlook for the year. We feel good about the rest of the year and really beyond. The United States was a standout, not just because of the World Cup, but actually because of the underlying fundamentals of the economy. Your callers earlier were talking about strong investment in infrastructure and AI and data centers, that’s hundreds of billions of dollars, but it’s really broader than that. It’s manufacturing, it’s energy, it’s pharma. It’s all the reshoring that’s coming into the country. So we think it’s pretty broad-based. You still have pretty high employment levels, wage growth, GDP growing at 2%. Consumers are still spending, especially on experiences, and that’s the industry we’re really in. So we feel good
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