IHG Announces Currency Change to USD for London Stock Exchange Shares

InterContinental Hotels ( (GB:IHG) ) just unveiled an update.

InterContinental Hotels Group has announced it will transition the trading currency of its Ordinary Shares on the London Stock Exchange from British Pounds to US Dollars effective January 2, 2026. While the nominal currency remains in GBP and UK-based shareholders will continue to receive dividends in GBP by default, an option for USD dividend payments will be available. This move aims to streamline operations and offer additional currency flexibility for stakeholders, aligning with IHG’s global focus and broad investor base.

The most recent analyst rating on (GB:IHG) stock is a Buy with a £11700.00 price target. To see the full list of analyst forecasts on InterContinental Hotels stock, see the GB:IHG Stock Forecast page.

Spark’s Take on GB:IHG Stock

According to Spark, TipRanks’ AI Analyst, GB:IHG is a Neutral.

InterContinental Hotels Group shows strong financial performance and strategic growth, particularly in RevPAR and shareholder returns, which are significant positives. However, high leverage and negative equity pose financial stability risks. The stock’s technical indicators are positive, but valuation metrics suggest it may be overvalued.

To see Spark’s full report on GB:IHG stock, click here.

More about InterContinental Hotels

IHG Hotels & Resorts is a global leader in the hospitality industry, managing a portfolio of 20 hotel brands with over 6,800 operational properties in more than 100 countries. With a focus on ‘True Hospitality for Good,’ IHG also operates one of the largest hotel loyalty programs, IHG One Rewards, boasting 145 million members.

Average Trading Volume: 389,555

Technical Sentiment Signal: Buy

Current Market Cap: £15.66B

For an in-depth examination of IHG stock, go to TipRanks’ Overview page.