InterContinental Hotels Group PLC (IHG) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to Intercontinental Hotels Group PLC Q1 Trading Update Conference call. At this time, all participants are in listen-only mode. Later, we will conduct a question and answer session through the phone lines, and instructions will follow at that time. I would like to remind all participants that this call is being recorded. I will now hand over to Stuart Ford of IHG Hotel and Resorts. Please go ahead. Thank you, Gavin. And good morning, everyone from me. As Kevin said, welcome to IHG Hotel and Resort conference call covering the 2026 first quarter trading update. So I'm Stuart Ford, Senior Vice President, the Head of Investor Relations at IHG. And I'm joined this morning by Ellie Maloof, our Chief Executive Officer, and by Michael Glover, our Chief Financial Officer. Just to remind listeners on the call that in discussion today, the company may make certain forward-looking statements as defined on the US law. Please refer to this morning's announcement and the company's SEC filing for factors that could lead actual results to differ materially from those expressed in or implied by any such forward-looking statement. For those analysts or institutional investors who are listening via our website, May I remind you that in order to ask questions, you will need to have registered using the details on page two of this morning's R&S release. The release, together with the usual supplementary data pack for the first quarter, can be downloaded from the results and presentation section under the investors tab on ingplc.com. Now over to Eli. Thanks, Stuart, and good morning, everyone. I will begin today's call by providing a brief overview of our global trading and development performance in the first quarter, as well as some other ...