Estelle Weingraud
Analyst at J.P. Morgan
Replay available
InterContinental Hotels Group PLC (LSE: IHG) Q3 2025 earnings conference call, held 2025-10-23. Replay captured from the company's public earnings webcast.

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Hello, everyone, and welcome to today's IHG Third Quarter Trading Update call. My name is Seb, and I'll be the operator for your call today. If you would like to ask a question during the Q&A session, please press star 1 on your telephone keypad. If you would like to withdraw from the queue, please press star 2. I will now hand the call over to Stuart Ford to begin the call. Please go ahead. Thanks, Seb. Good morning, everyone, and welcome to IHG Hotel and Resorts conference call covering the 2025 third quarter trading update. I'm Stuart Ford, Senior Vice President and Head of Investor Relations at IHG, and I'm joined this morning by Ellie Maloof, our Chief Executive Officer, and Michael Glover, our Chief Financial Officer. Just to remind listeners on the call that in discussions today, the company may make certain forward-looking statements as defined under U.S. law. please refer to this morning's announcement and the company's SEC filings for factors that could lead actual results to differ materially from those expressed in or implied by any such forward-looking statements. 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 dial in using the details on page three of this morning's R&S release. The release, together with the usual supplementary data pack for the third quarter, can be downloaded from the Results and Presentations section under the Investors tab on ixgplc.com. Now over to Michael. Thanks, Stuart, and good morning, everyone. I will start today by providing an update on trading and development activity, as well as covering off some other financial updates. I will then hand over to Ellie, who will give an overview of our new collection brand launch and his su...