Travelling up.

Shares in InterContinental Hotels have reached their highest ever level, gaining 4 per cent after the travel group reported higher annual profits and a boon for investors in the form of a special dividend.

IHG shares hit £40 in early trading on Tuesday after earlier posting results showing a 4 per cent rise in operating profit to $707m and a special dividend of $400m to be paid to shareholders this summer.

Get alerts on InterContinental Hotels Group PLC when a new story is published

Copyright The Financial Times Limited 2021. All rights reserved.
Reuse this content (opens in new window)

Comments have not been enabled for this article.

Follow the topics in this article