IHG's Acquisition of Ruby Could Boost Unit Growth -- Market Talk

Dow Jones

Feb 18, 2025

1325 GMT - InterContinental Hotels Group's acquisition of the Ruby brand should add around 0.4% to the London-listed hotel group's net unit growth this year, Jefferies analysts say in a research note. "This means the magic 4% net unit growth threshold may be achievable in 2025," they say. The group's results for 2024 came in line with expectations on sales, EBIT and earnings per share, the analyst add. Room revenue for the fourth quarter was 4.6% higher on year, exceeding consensus expectations of 2.8% and Jefferies' estimate of 4.4%. However, higher interest expense guidance for the year suggests pretax profit could decline by around 2.5%, the analyst say. Shares trade down 3.8% at 102.90 pounds. (pierre.bertrand@wsj.com)

(END) Dow Jones Newswires

February 18, 2025 08:25 ET (13:25 GMT)

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The group's results for 2024 came in line with expectations on sales, EBIT and earnings per share, the analyst add. Room revenue for the fourth quarter was 4.6% higher on year, exceeding consensus expectations of 2.8% and Jefferies' estimate of 4.4%. However, higher interest expense guidance for the year suggests pretax profit could decline by around 2.5%, the analyst say. Shares trade down 3.8% at 102.90 pounds. 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The group's results for 2024 came in line with expectations on sales, EBIT and earnings per share, the analyst add. Room revenue for the fourth quarter was 4.6% higher on year, exceeding consensus expectations of 2.8% and Jefferies' estimate of 4.4%. However, higher interest expense guidance for the year suggests pretax profit could decline by around 2.5%, the analyst say. Shares trade down 3.8% at 102.90 pounds. (pierre.bertrand@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 18, 2025 08:25 ET (13:25 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IHG","symbol_name":"洲际酒店","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2512157284","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512157284","pubTimestamp":1739885100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1325 GMT - InterContinental Hotels Group's acquisition of the Ruby brand should add around 0.4% to the London-listed hotel group's net unit growth this year, Jefferies analysts say in a research note. \"This means the magic 4% net unit growth threshold may be achievable in 2025,\" they say. The group's results for 2024 came in line with expectations on sales, EBIT and earnings per share, the analyst add. Room revenue for the fourth quarter was 4.6% higher on year, exceeding consensus expectations of 2.8% and Jefferies' estimate of 4.4%. However, higher interest expense guidance for the year suggests pretax profit could decline by around 2.5%, the analyst say. Shares trade down 3.8% at 102.90 pounds. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IHG":"洲际酒店","BK4142":"酒店、度假村与豪华游轮"},"translate_title":"洲际酒店集团收购Ruby可能会促进单位增长——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IHG":1},"content_text":"1325 GMT - InterContinental Hotels Group's acquisition of the Ruby brand should add around 0.4% to the London-listed hotel group's net unit growth this year, Jefferies analysts say in a research note. \"This means the magic 4% net unit growth threshold may be achievable in 2025,\" they say. The group's results for 2024 came in line with expectations on sales, EBIT and earnings per share, the analyst add. Room revenue for the fourth quarter was 4.6% higher on year, exceeding consensus expectations of 2.8% and Jefferies' estimate of 4.4%. However, higher interest expense guidance for the year suggests pretax profit could decline by around 2.5%, the analyst say. Shares trade down 3.8% at 102.90 pounds. (pierre.bertrand@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 18, 2025 08:25 ET (13:25 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}