Seeking Alpha

InterContinental Hotels Group (IHG): Q3 net profit $174M vs $178M last year. Adjusted net profit...

InterContinental Hotels Group (IHG): Q3 net profit $174M vs $178M last year. Adjusted net profit $118M vs $105M. Revenues +1% to $473M. Global revenue per available room +3.9%. To open up talks to sell InterContinental New York Barclay, mulls sale of InterContinental London Park Lane. Despite the difficult economy, "forward bookings remain encouraging." Shares +1.6% in London. (PR)

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