WallStSmart
IHG

InterContinental Hotels Group PLC ADR

NYSE: IHG · CONSUMER CYCLICAL · LODGING

$142.36
-1.46% today

Updated 2026-04-29

Market cap
$21.21B
P/E ratio
29.23
P/S ratio
4.09x
EPS (TTM)
$4.87
Dividend yield
1.30%
52W range
$108 – $150
Volume
0.3M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

InterContinental Hotels Group PLC ADR (IHG) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$142.36
Consensus
$5,700.00
+3903.93%
2030 Target
$593.38
+316.82%
DCF
$85.24
-70.96% MoS
23 analysts:
1 Buy2 Hold2 Sell

Management guidance

No explicit CEO revenue targets for 2026-2030 found in available data. Recent earnings (Feb 2026) show 2025 revenue of $5.19B with 5.4% growth. Management emphasizes strategic expansion in India (89 hotels in development), Greater China with new Garner brand launch, and North America Holiday Inn growth (150 new properties planned globally in 2026, 40% in major US markets). Guidance implies mid-single-digit to low double-digit growth trajectory sustained by conversion-friendly portfolio and geographic expansion.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$997.96
$7.4B Rev × 20x P/S
Base case (2030)
$593.38
$7.4B Rev × 12x P/S
Bear case (2030)
$404.58
$7.4B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$3.7B$4.9B$5.2B$5.7B$6.0B$6.4B$6.9B$7.4B
Revenue growth—32.1%5.4%9.5%5.6%7.0%7.2%7.3%
EPS$5.01$4.05$5.02$5.84$6.58$7.20$7.85$8.55
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$458.52$485.50$525.95$552.93$593.38

Catalysts & risks

Growth catalysts
+ Continued Asia-Pacific expansion: 89 hotels in development in India alone; Garner brand launch in Greater China targeting conversion market with strong early traction
+ North America Holiday Inn strategic growth: 150 new global properties planned for 2026 (40% in major US urban centers), leveraging recovering business/leisure travel and extended-stay trends
+ Portfolio diversification: 14 brands now operating, new brand launches, and flexible conversion model driving developer interest and recurring management fee revenue
+ Share buybacks: Aggressive repurchase program reducing share count from ~155M to ~150M, providing EPS accretion
+ Business travel ecosystem revival: Recovery of corporate travel post-pandemic with digital tools (WeChat mini-programs, IHG One Rewards, BUSINESS REWARDS) driving B2B commercial engines
Key risks
- Economic sensitivity: Consumer cyclical lodging sector vulnerable to recession; 2026 US market weakness already evident in recent results
- Competitive pressure: Marriott ($6.98B revenue), Hilton ($4.95B), and others competing aggressively on conversions and new openings
- Geopolitical/macro headwinds: Asia expansion depends on stable growth in China, India; currency fluctuations impact international revenue
- Execution risk: Rapid expansion (150 new properties) requires capital deployment, developer partnerships, and operational scaling
- Pricing power constraints: Rising costs amid potential consumer spending slowdown may pressure margins and RevPAR growth

Methodology

InterContinental Hotels Group PLC ADR's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 23 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.