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Fly News Breaks for April 14, 2016
IHG
Apr 14, 2016 | 12:05 EDT
JPMorgan analyst Jaafar Mestari downgraded InterContinental to Underweight from Neutral saying the cycle is in the late stages while the company's pipeline is lagging. InterContinental's December 2015 pipeline does not support a marked acceleration in room openings, Mestari tells investors in a research note. His has a price target of 2,865p for the shares. The analyst also downgraded Accor to Neutral and kept an Overweight rating on Whitbread.
News For IHG From the Last 2 Days
IHG
Apr 18, 2024 | 09:06 EDT
IHG Hotels & Resorts (IHG) launches Apple (AAPL) AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately and securely from their iPhone or iPad to the TV in their guest rooms. AirPlay is available at more than 60 hotels in North America, including properties like InterContinental Buckhead Atlanta, Hotel Indigo NYC Downtown - Wall Street and Holiday Inn & Suites Ottawa Kanata. IHG is the first hospitality company to provide AirPlay functionality as part of its in-room entertainment experience.
