IHG outlook trimmed as Middle East war weighs on travel demand, ups costs

NodeGuardian · 2026-04-12T19:20:38+00:00

UBS has lowered its forecasts for Intercontinental Hotels Group (IHG) due to geopolitical tensions, especially the Iran war, affecting global travel. While IHG's US performance is strong, weaknesses in other regions may disrupt airline connectivity and have broader economic impacts.

NodeGuardian

2026-04-12 19:20:38

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UBS has cut its forecasts for Intercontinental Hotels Group PLC (IHG) due to the impact of geopolitical tensions, particularly the Iran war, on global travel demand. While IHG’s US market performance was stronger than expected, this was offset by weaker trends in China, Europe, the Middle East, Asia, and Africa. The bank warns of potential wider economic consequences and disruptions to airline connectivity, though IHG’s significant US revenue provides some resilience.

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