Tuesday, October 25, 2011

INTERCONTINENTAL POSTS

INTERCONTINENTAL POSTS STRONG Q3 GROWTH IN U.S. OPERATIONS REVENUE PER AVAILABLE ROOM AT INTERCONTINENTAL HOTELS GROUP'S U.S. OPERATIONS CLIMBED 9.5% IN THE THIRD QUARTER, PUSHED UP BY CONTINUING DEMAND IN LEISURE AND BUSINESS TRAVEL SHARES FOR THE COMPANY ROSE BY AS MUCH AS 2.9
% IN MONDAY'S TRADING BEFORE SETTING TO AN INCREASE OF 0.9% AT MID MORNING.   THOMSON REUTERS I/B/E/S ESTIMATES INTERCONTINENTAL'S OPERATING PROFITS FORE 2011 AT ABOUT $520 MILLION.

No comments:

Post a Comment