InterContinental Hotels (IHG) CEO Richard Solomons believes his company's stock, which trades at...

|About: InterContinental Hotels Gro... (IHG)|By:, SA News Editor

InterContinental Hotels (IHG) CEO Richard Solomons believes his company's stock, which trades at a much lower trailing P/E than those given to Marriott (MAR) and Starwood (HOT), is undervalued relative to rivals. FBR's Patrick Scholes thinks the valuation gap is partly the result of InterContinental's majority-European shareholder base.