InterContinental Hotels Group (IHG): 2012 net profit +18% to $544M, revenue +4% to $1.84B and...

|About: InterContinental Hotels G... (IHG)|By:, SA News Editor
InterContinental Hotels Group (IHG): 2012 net profit +18% to $544M, revenue +4% to $1.84B and operating profit +10% to $614M, topping consensus of $605M. Global constant-currency revenue per available room +5.2%, +6.3% in U.S. and +5.4% in Greater China. Recommends full-year dividend of $0.64/share, +16%. To push ahead with sale of New York Barclay and InterContinental Park Lane hotels, which are valued at a combined $737M. (PR I, II)