Jefferies raised its price target for InterContinental Hotels Group (IHG) to $195, signaling an 11.99% potential upside from the current price of $174.13. IHG is actively buying back shares, having repurchased 20,000 shares on three consecutive days, aiming to reduce outstanding shares and increase shareholder value. The stock recently hit a 52-week high near $175.89, reflecting strong investor confidence amid these strategic moves. This combination of analyst optimism and share buybacks supports a positive outlook for IHG's future performance.
The St. Regis Costa Mujeres Resort in Cancún officially opened, marking a significant addition to Marriott International's luxury portfolio in Mexico. The resort, located between the Caribbean Sea and a protected mangrove reserve, features 163 rooms,...
The 2026 CapitalCIO ORBIE Awards honored leading chief information officers from major organizations like Marriott International and NASA for their outstanding leadership and impact in technology. The event highlighted CIOs driving business transform...
