Listen to this article


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.

Copyright The Financial Times Limited 2017. All rights reserved.

Follow the topics mentioned in this article

Follow the authors of this article

Comments have not been enabled for this article.