|
|
|
99.1
|
Holding(s)
in Company dated 29 04 2019
|
|
99.2
|
Total
Voting Rights dated 01 05 2019
|
|
99.3
|
1st
Quarter Results dated 03 05 2019
|
|
99.4
|
Result
of AGM dated 03 05 2019
|
|
|
|
|
|
|
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the
relevant issuer and to the FCA in Microsoft Word format
if possible)
|
||||||
|
|
||||||
|
1a. Identity of the issuer or the underlying issuer of existing
shares to which voting rights are attached:
|
InterContinental Hotels Group Plc
|
|||||
|
1b. Please indicate if the issuer is a non-UK
issuer (please mark with
an "X" if appropriate)
|
||||||
|
Non-UK issuer
|
|
|||||
|
2. Reason for the notification (please mark the
appropriate box or boxes with an "X")
|
||||||
|
An
acquisition or disposal of voting rights
|
|
|||||
|
An
acquisition or disposal of financial instruments
|
X
|
|||||
|
An
event changing the breakdown of voting rights
|
|
|||||
|
Other
(please specify):
|
|
|||||
|
3. Details of person subject to the notification
obligation
|
||||||
|
Name
|
FMR
LLC
|
|||||
|
City
and country of registered office (if applicable)
|
Wilmington,
USA
|
|||||
|
4. Full name of shareholder(s) (if different from
3.)See Section 9
|
||||||
|
Name
|
|
|||||
|
City
and country of registered office (if applicable)
|
|
|||||
|
5. Date on which the threshold was crossed or reached:
|
25
April 2019
|
|||||
|
6. Date on which issuer notified
(DD/MM/YYYY):
|
26
April 2019
|
|||||
|
7. Total positions of person(s) subject to the notification
obligation
|
||||||
|
|
% of
voting rights attached to shares (total of 8. A)
|
% of
voting rights through financial instruments(total of 8.B 1 + 8.B
2)
|
Total
of both in % (8.A + 8.B)
|
Total
number of voting rights of issuer
|
||
|
Resulting
situation on the date on which threshold was crossed or
reached
|
5.79%
|
0.31%
|
6.10%
|
182,033,293
|
||
|
Position
of previous notification (if
applicable)
|
5.82%
|
0.27%
|
6.09%
|
|
||
|
8. Notified details of the resulting situation on the date on which
the threshold was crossed or reached
|
|||||||||
|
A: Voting rights attached to shares
|
|||||||||
|
Class/type ofshares
ISIN
code (if possible)
|
Number of voting rights
|
% of voting rights
|
|||||||
|
Direct
(Art 9
of Directive 2004/109/EC) (DTR5.1)
|
Indirect
(Art 10
of Directive 2004/109/EC) (DTR5.2.1)
|
Direct
(Art 9
of Directive 2004/109/EC) (DTR5.1)
|
Indirect
(Art 10
of Directive 2004/109/EC) (DTR5.2.1)
|
||||||
|
GB00BHJYC057
|
|
10,545,306
|
|
5.79%
|
|||||
|
|
|
|
|
|
|||||
|
|
|
|
|
|
|||||
|
SUBTOTAL 8. A
|
10,545,306
|
5.79%
|
|||||||
|
|
|||||||||
|
B 1: Financial Instruments according to Art. 13(1)(a) of Directive
2004/109/EC (DTR5.3.1.1 (a))
|
|||||||||
|
Type of financial instrument
|
Expirationdate
|
Exercise/Conversion Period
|
Number of voting rights that may be acquired if the instrument is
exercised/converted.
|
% of voting rights
|
|||||
|
Stock
Loan
|
|
|
564,205
|
0.31%
|
|||||
|
|
|
|
|
|
|||||
|
|
|
|
|
|
|||||
|
|
|
SUBTOTAL 8. B 1
|
564,205
|
0.31%
|
|||||
|
|
|||||||||
|
B 2: Financial Instruments with similar economic effect according
to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1
(b))
|
|||||||||
|
Type of financial instrument
|
Expirationdate
|
Exercise/Conversion Period xi
|
Physical or cash settlement
|
Number of voting rights
|
% of voting rights
|
||||
|
|
|
|
|
|
|
||||
|
|
|
|
SUBTOTAL 8.B.2
|
|
|
||||
|
9. Information in relation to the person subject to the
notification obligation (please mark the applicable box with
an "X")
|
|||||
|
Person
subject to the notification obligation is not controlled by any
natural person or legal entity and does not control any other
undertaking(s) holding directly or indirectly an interest in the
(underlying) issuer
|
|
||||
|
Full chain
of controlled undertakings through which the voting rights and/or
thefinancial instruments are effectively held starting with the
ultimate controlling natural person or legal entity(please add additional rows as
necessary)
|
X
|
||||
|
Namexv
|
% of voting rights if it equals or is higher than the notifiable
threshold
|
% of voting rights through financial instruments if it equals or is
higher than the notifiable threshold
|
Total of both if it equals or is higher than the notifiable
threshold
|
||
|
|
|
|
|
||
|
The
Crosby Company of New Hampshire LLC *
|
|
|
|
||
|
Crosby
Advisors LLC
|
|
|
|
||
|
|
|
|
|
||
|
FMR
LLC
|
|
|
|
||
|
FIAM
Holdings LLC
|
|
|
|
||
|
FIAM
LLC
|
|
|
|
||
|
|
|
|
|
||
|
FMR
LLC
|
|
|
|
||
|
FIAM
Holdings LLC
|
|
|
|
||
|
Fidelity
Institutional Asset
Management
Trust Company
|
|
|
|
||
|
|
|
|
|
||
|
FMR
LLC
|
|
|
|
||
|
Fidelity
Management & Research Company
|
|
|
|
||
|
FMR
Co., Inc.
|
Below
5%
|
Below
5%
|
5.29%
|
||
|
|
|
|
|
||
|
FMR
LLC
|
|
|
|
||
|
Fidelity
Advisory Holdings LLC,
|
|
|
|
||
|
Strategic
Advisers LLC
|
|
|
|
||
|
|
|
|
|
||
|
|
|||||
|
10. In case of proxy voting, please identify:
|
|||||
|
Name of
the proxy holder
|
N/A
|
||||
|
The
number and % of voting rights held
|
N/A
|
||||
|
The
date until which the voting rights will be held
|
N/A
|
||||
|
|
|||||
|
11. Additional information
|
|||||
|
* The
Crosby Company of New Hampshire LLC is not a wholly owned
subsidiary of FMR LLC. However due to the common control of FMR LLC
and The Crosby Company of New Hampshire LLC, holdings have been
aggregated for the purpose of this disclosure.
|
|||||
|
Place of completion
|
Dublin
|
|
Date of completion
|
26
April 2019
|
|
Highlights
|
|
|
● 5.4% YoY net system size growth
to 843k rooms, 12k rooms opened
● 24k rooms signed, strongest Q1
pace for 12 years, including 2.7k rooms from acquisition of Six
Senses
●
Global Q1
comparable RevPAR[1] up
0.3% with US RevPAR up 0.6%
|
|
|
Keith Barr, Chief Executive of InterContinental Hotels Group PLC,
said:
|
|
|
"Our
strategic focus on driving industry leading net rooms growth is
delivering strong results, with our net system size increasing 5.4%
in the first quarter and our highest number of signings in 12
years. Global RevPAR increased 0.3% against strong prior year
results, with good growth in the US where we outperformed the
industry segments where we compete, and continued market share
gains in China.
Our
highest first quarter hotel openings in a decade included our 400th
hotel in Greater China. More than 60% of openings globally were in
the Holiday Inn Brand Family, driven by our focus on innovative
design and service enhancements which is leading to improved guest
satisfaction across our highly preferred portfolio of global
brands.
We have
continued to expand our brand portfolio into high-opportunity
segments and markets. In mainstream, we now have over 180 avid
hotels signed and will launch our all-suites upper midscale brand
in the US later this month. Our upscale conversion brand voco, is
seeing strong owner interest with 5 hotels now open and a further
12 signed since launch last year. Our recent acquisition of Six
Senses rounds out our offer in the top tier of luxury.
The
investments we are making to enable this acceleration in growth are
funded through our efficiency programme, which is on track to
deliver $125m of annual savings by 2020. While macro-economic and
geopolitical uncertainties remain in some markets, the strong
fundamentals of our business give us confidence for the balance of
the year."
|
|
|
First Quarter performance
|
|
|
Group
RevPAR
was up 0.3%, with rate up 0.6% and occupancy down
0.2%pts.
Americas
Comparable
RevPAR was up 0.8% driven by 1.2% rate growth. US RevPAR was up
0.6% despite tough comparables from hurricane related demand in Q1
2018. Elsewhere in the region, Canada was up 1% with continued
strength in the western provinces. RevPAR in Latin America and the
Caribbean was up 10% with strong growth in Colombia, Brazil and
Argentina. Mexico RevPAR was down 2%.
We opened 4.9k rooms (37 hotels) in the quarter including an
InterContinental hotel in Houston. We continue to focus on
enhancing the quality of our hotel estate and removed 3.6k rooms
(25 hotels). Together, this drove a 2.9% increase in our net system
size. We signed 7.5k rooms (70 hotels) including 16 for the
Staybridge Suites brand.
|
|
|
Europe, Middle East, Asia & Africa
Comparable
RevPAR was down 0.7% with solid growth in Europe offset by softness
in the Middle East and South Korea. Excluding these two markets,
RevPAR would have been up 1%.
UK
RevPAR was up 2% with London up 4% and the Provinces flat.
Continental Europe was up 1%. In France, RevPAR was down 3%, with
performance impacted by social unrest in Paris. RevPAR in Germany
was up 2%.
Trading
conditions in the Middle East continued to remain challenging with
RevPAR down 4% driven by increased supply and political unrest.
South Korea RevPAR fell 30% due to lapping the Winter Olympic games
of Q1 2018.
Australia
RevPAR was down 2% with the region impacted by supply growth in
certain cities. Japan RevPAR was up 2% benefitting from good
transient and corporate demand in key cities.
We
opened 3.8k rooms (33 hotels), including 1.2k rooms (15 hotels)
from the acquisition of Six Senses, driving 7.5% net rooms growth.
We signed 6.2k rooms (51 hotels) including 2.0k rooms (26 hotels)
from the acquisition of Six Senses.
|
|
|
Greater China
RevPAR
was flat in Q1 due to a strong prior year performance in Q1 2018
when RevPAR was up 11%. In Mainland China we significantly
outperformed the market. Tier 1 and 2 cities saw marginal RevPAR
growth whilst Tier 3 and 4 cities were down 3% partly due to the
continued impact of new supply in Sanya. RevPAR in Hong Kong SAR
and Macau SAR was up 1% and 3% respectively driven by rate
growth.
We
opened 3.7k rooms (18 hotels), driving 13.2% net rooms growth
including the first Kimpton in the region in Taipei. Signings
totalled 9.8k rooms (52 hotels), our best first quarter performance
in 13 years, and included an InterContinental and EVEN hotel in
Zhangjiakou and the Kimpton Beijing Dashilar. Owner demand for our
Holiday Inn Express Franchise Plus offering remains strong, with 21
hotels signed in the quarter and a further 6 franchised hotels
signed for Crowne Plaza and Holiday Inn.
|
|
|
|
Strategic progress
|
|
|
Good
progress has been made against our strategic priorities to drive
industry leading net rooms growth over the medium
term.
Build and leverage scale
●
Net system size up 5.4% year on year to
843k rooms (5,656 hotels), including 1.3k rooms (16 hotels) from
the acquisition of Six Senses Hotels Resorts Spas.
●
12k rooms opened in the quarter; 11k
excluding the acquisition of Six Senses - up 39% on the prior year
and includes our highest ever Q1 openings in Greater China. 6.1k
rooms (35 hotels) were removed from the system.
●
24k rooms signed; 21k rooms excluding
2.7k rooms from the acquisition of Six Senses - our strongest Q1
rooms signings since 2007.
●
Pipeline now stands at 279k
rooms.
Optimise our preferred portfolio of brands for owners and
guests
●
Mainstream - enhancing our offer:
- Holiday
Inn: Continued roll out of new "Open Lobby" public
space in Europe with our 100th Holiday Inn
Open Lobby hotel recently opened in Belfast.
- avid
hotels: More than 180 avid hotels now signed, including 12
hotels (1.2k rooms) signed in Q1 2019, one of which was in Germany.
With 46 avid hotels currently under construction or with planning
approved, we expect openings to gather momentum through the
year.
- New
'all-suites' upper midscale brand: On track for launch later this month at our
Americas owners conference.
●
Upscale - growing our offer:
- Crowne
Plaza: Strong momentum behind Plaza Workspaces with new
modern design and dynamic meeting space launched in our Atlanta
flagship hotel.
- Hotel
Indigo: Signed 8 hotels including 4 in the Americas,
taking the total pipeline to 99 hotels (14.4k rooms).
- voco:
Launched brand in June 2018, primarily for conversion
opportunities. Five hotels now open including a flagship property
in Dubai. A further 12 hotels have been signed to date (3.4k rooms
in total).
● Luxury - expanding our
portfolio:
- Kimpton Hotels &
Restaurants: Following
the opening of the UK flagship, the Kimpton Fitzroy London, we
expanded our presence across the UK with the opening of our first
Kimpton Hotel in Scotland. We also opened the first Kimpton Hotel
in Asia-Pacific, the Kimpton Da An Hotel, Taipei.
- Regent
Hotels & Resorts: Strong owner interest, with
signings in Chengdu and Bali during the quarter.
- Six
Senses Hotels Resorts Spas: Completed acquisition of 16
hotels and resorts, with 18 management contracts signed into its
pipeline, and more than 50 further deals under discussion. Since
acquisition, we have opened Six Senses Hotels in Bhutan and
Cambodia.
|
|
|
Financial position and capital allocation
|
|
|
The
financial position of the group remains robust, with an on-going
commitment to an efficient balance sheet and an investment grade
credit rating.
|
|
|
Foreign exchange
|
|
|
The
strengthening of the US dollar against many major currencies
globally decreased group RevPAR to a decline of 2.0% in the
quarter, when reported at actual exchange rates. A breakdown
of constant vs. actual currency RevPAR by region is set out in
Appendix 2.
|
|
|
|
|
|
Q1 2019
|
|||
|
RevPAR
|
Rate
|
Occ.
|
|
|
|
Group
|
0.3%
|
0.6%
|
(0.2)%pts
|
|
|
Americas
|
0.8%
|
1.2%
|
(0.3)%pts
|
|
|
EMEAA
|
(0.7)%
|
(0.7)%
|
0.0%pts
|
|
|
G.
China
|
0.0%
|
0.2%
|
(0.1)%pts
|
|
|
|
Q1 2019
|
|||
|
CER
|
AER
|
Difference
|
|
|
|
Group
|
0.3%
|
(2.0)%
|
2.3%pts
|
|
|
Americas
|
0.8%
|
0.2%
|
0.6%pts
|
|
|
EMEAA
|
(0.7)%
|
(6.3)%
|
5.6%pts
|
|
|
G.
China
|
0.0%
|
(4.9)%
|
4.9%pts
|
|
|
Appendix 3: Q1 system & pipeline summary (rooms)
|
|||||||
|
|
System
|
Pipeline
|
|||||
|
Openings
|
Removals
|
Net
|
Total
|
YoY%
|
Signings
|
Total
|
|
|
Group
|
12,325
|
(6,107)
|
6,218
|
842,759
|
5.4%
|
23,526
|
278,712
|
|
Americas
|
4,891
|
(3,593)
|
1,298
|
511,427
|
2.9%
|
7,509
|
120,850
|
|
EMEAA
|
3,782
|
(1,087)
|
2,695
|
213,794
|
7.5%
|
6,170
|
75,033
|
|
G.
China
|
3,652
|
(1,427)
|
2,225
|
117,538
|
13.2%
|
9,847
|
82,829
|
|
Appendix 4: Definitions
|
|||||||
|
AER: Actual exchange rates used for each respective
period.
CER: Constant exchange rates.
RevPAR: Revenue per available room.
|
|||||||
|
For
further information, please contact:
|
|||
|
Investor Relations
(Heather Wood; Matthew Kay; Rakesh Patel):
|
+44 (0)1895
512176
|
+44 (0)7527
419431
|
|
|
Media Relations
(Yasmin Diamond; Mark Debenham):
|
+44 (0)1895
512097
|
+44 (0)7527
424046
|
|
|
Conference
call for Analysts and Shareholders:
A conference call
with Paul Edgecliffe-Johnson (Chief Financial Officer) will
commence at 9.00am London time on 3 May and can be accessed
on https://www.ihgplc.com/investors/2019-q1-teleconference-detail. There
will be an opportunity to ask questions.
|
|||
|
International
dial-in
UK
dial-in
US
dial-in
Passcode
|
+44 203 936
2999
+44 (0) 203 936
2999
+1 855 979
6654
910
759
|
||
|
A replay of the
9.00am conference call will be available for 7 days from 11:30am
London time - details are below:
|
|||
|
International
dial-in
UK
dial-in
US
dial-in
Replay
pin
|
+44 203 936
3001
+44 (0) 203 936
3001
+1 845 709
8569
831
989
|
||
|
|
|||
|
Website:
The
full release and supplementary data will be available on our
website from 7.00am (London time) on 3 May. The web address
is www.ihgplc.com/investors/results-and-presentations.
|
|
Notes to Editors:
IHG® (InterContinental
Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global
organisation with a broad portfolio of hotel brands,
including Six Senses Hotels
Resorts Spas, Regent
Hotels & Resorts, InterContinental® Hotels
& Resorts, Kimpton® Hotels
& Restaurants, Hotel
Indigo®, EVEN® Hotels, HUALUXE® Hotels
and Resorts, Crowne
Plaza® Hotels
& Resorts, voco™, Holiday Inn®, Holiday
Inn Express®, Holiday
Inn Club Vacations®, Holiday
Inn Resort®, avid™
hotels, Staybridge
Suites® and Candlewood
Suites®.
IHG
franchises, leases, manages or owns more than 5,600 hotels and
nearly 843,000 guest rooms in more than 100 countries, with over
1,900 hotels in its development pipeline. IHG also
manages IHG® Rewards
Club, our global loyalty programme, which has more than 100
million enrolled members.
InterContinental Hotels Group PLC is the Group's
holding company and is incorporated in Great Britain and registered
in England and Wales. More than 400,000 people work across IHG's
hotels and corporate offices globally.
Visit www.ihg.com for
hotel information and reservations and www.ihgrewardsclub.com for more on IHG
Rewards Club. For our latest news, visit: www.ihgplc.com/media and follow us on
social media at: https://twitter.com/ihgcorporate, www.facebook.com/ihgcorporate and www.linkedin.com/company/intercontinental-hotels-group.
|
|
Cautionary note regarding forward-looking statements:
This
announcement contains certain forward-looking statements as defined
under United States law (Section 21E of the Securities Exchange Act
of 1934) and otherwise. These forward-looking statements can
be identified by the fact that they do not relate only to
historical or current facts. Forward-looking statements often
use words such as 'anticipate', 'target', 'expect', 'estimate',
'intend', 'plan', 'goal', 'believe' or other words of similar
meaning. These statements are based on assumptions and
assessments made by InterContinental Hotels Group PLC's management
in light of their experience and their perception of historical
trends, current conditions, expected future developments and other
factors they believe to be appropriate. By their nature,
forward-looking statements are inherently predictive, speculative
and involve risk and uncertainty. There are a number of
factors that could cause actual results and developments to differ
materially from those expressed in or implied by, such
forward-looking statements. The main factors that could
affect the business and the financial results are described in the
'Risk Factors' section in the current InterContinental Hotels Group
PLC's Annual report and Form 20-F filed with the United States
Securities and Exchange Commission.
|
|
RESOLUTION
|
VOTES FOR
|
%
|
VOTES AGAINST
|
%
|
TOTAL VOTES
|
% of ISC
|
VOTES WITHHELD
|
||||
|
1
|
Report and Accounts 2018
|
146,911,044
|
99.74
|
388,444
|
0.26
|
147,299,488
|
80.92%
|
624,149
|
|||
|
2
|
Directors' Remuneration Report 2018
|
120,939,401
|
83.95
|
23,116,948
|
16.05
|
144,056,349
|
79.14%
|
3,867,287
|
|||
|
3
|
Declaration of final dividend
|
147,501,729
|
99.89
|
157,625
|
0.11
|
147,659,354
|
81.12%
|
264,283
|
|||
|
4(a)
|
Re-election of Keith Barr as a Director
|
147,285,244
|
99.76
|
358,824
|
0.24
|
147,644,068
|
81.11%
|
279,559
|
|||
|
4(b)
|
Re-election of Anne Busquet as a Director
|
146,824,350
|
99.45
|
819,195
|
0.55
|
147,643,545
|
81.11%
|
280,092
|
|||
|
4(c)
|
Re-election of Patrick Cescau as a Director
|
146,982,125
|
99.55
|
659,045
|
0.45
|
147,641,170
|
81.11%
|
282,457
|
|||
|
4(d)
|
Re-election of Ian Dyson as a Director
|
144,306,066
|
98.43
|
2,301,915
|
1.57
|
146,607,981
|
80.54%
|
1,315,646
|
|||
|
4(e)
|
Re-election of Paul Edgecliffe-Johnson as a Director
|
147,128,614
|
99.65
|
511,880
|
0.35
|
147,640,494
|
81.11%
|
283,133
|
|||
|
4(f)
|
Re-election of Jo Harlow as a Director
|
145,975,534
|
98.87
|
1,666,265
|
1.13
|
147,641,799
|
81.11%
|
281,828
|
|||
|
4(g)
|
Re-election of Elie Maalouf as a Director
|
147,216,864
|
99.71
|
424,258
|
0.29
|
147,641,122
|
81.11%
|
282,505
|
|||
|
4(h)
|
Re-election of Luke Mayhew as a Director
|
147,402,226
|
99.84
|
241,491
|
0.16
|
147,643,717
|
81.11%
|
280,549
|
|||
|
4(i)
|
Re-election of Jill McDonald as a Director
|
146,780,120
|
99.42
|
862,310
|
0.58
|
147,642,430
|
81.11%
|
281,197
|
|||
|
4(j)
|
Re-election of Dale Morrison as a Director
|
147,081,677
|
99.62
|
560,648
|
0.38
|
147,642,325
|
81.11%
|
281,941
|
|||
|
4(k)
|
Re-election of Malina Ngai as a Director
|
146,181,441
|
99.01
|
1,456,728
|
0.99
|
147,638,169
|
81.11%
|
285,457
|
|||
|
5
|
Re-appointment of Auditor
|
143,755,118
|
97.36
|
3,897,840
|
2.64
|
147,652,958
|
81.11%
|
270,668
|
|||
|
6
|
Remuneration of Auditor
|
145,888,524
|
98.81
|
1,759,592
|
1.19
|
147,648,116
|
81.11%
|
275,511
|
|||
|
7
|
Political donations
|
144,463,853
|
98.25
|
2,566,770
|
1.75
|
147,030,623
|
80.77%
|
893,004
|
|||
|
8
|
Colleague Share Plan
|
147,445,124
|
99.89
|
165,329
|
0.11
|
147,610,453
|
81.09%
|
313,813
|
|||
|
9
|
Allotment of shares
|
131,728,687
|
89.23
|
15,903,119
|
10.77
|
147,631,806
|
81.10%
|
291,820
|
|||
|
10
|
Disapplication of pre-emption rights
|
147,517,174
|
99.94
|
91,662
|
0.06
|
147,608,836
|
81.09%
|
315,430
|
|||
|
11
|
Further disapplication of pre-emption rights
|
145,791,792
|
98.77
|
1,819,550
|
1.23
|
147,611,342
|
81.09%
|
312,716
|
|||
|
12
|
Authority to purchase own shares
|
146,986,459
|
99.56
|
649,512
|
0.44
|
147,635,971
|
81.10%
|
288,294
|
|||
|
13
|
Notice of General Meetings
|
137,307,274
|
93.35
|
9,784,429
|
6.65
|
147,091,703
|
80.80%
|
832,563
|
|||
|
|
|
InterContinental Hotels Group PLC
|
|
|
|
(Registrant)
|
|
|
|
|
|
|
By:
|
/s/ F.
Cuttell
|
|
|
Name:
|
F.
CUTTELL
|
|
|
Title:
|
ASSISTANT
COMPANY SECRETARY
|
|
|
|
|
|
|
Date:
|
03 05 2019
|
|
|
|
|