InterContinental Hotels (IHG) share price

I took my first serious foray into the stock market in early October and  decided to invest  in InterContinental Hotels (IHG).   In those few months they’ve enjoyed a healthy growth of 39% and, renewed speculation about a takeover by Starwood Hotels & Resorts Worldwide, could push the share price still higher. Naturally, I shall be  following further developments  with interest!

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  1. Paul Johnson says:

    Correction: it’s Starwood Capital Group (a different company to Starwood Hotels & Resorts) that’s said to be interested. Developments today have revealed that the Barclay brothers (owners of the The Ritz in London and The Telegraph) have acquired a 5% stake in IHG and could be looking to get a consortium together to make a takeover bid. This has pushed the share price up still further.

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