US Stock Movement | InterContinental Hotels rises 4% pre-market as Q1 earnings beat expectations and shareholder returns increase

Glonghui, May 7 — Before the market opened, a certain exchange’s share price rose 4% to $151.45. According to the latest financial report, InterContinental Hotels Group’s Q1 2026 performance exceeded expectations across the board, with the key indicator RevPAR (revenue per available room) growing by 4.4%, surpassing analysts’ forecast of 3.3%. The company also successfully contained the negative impact of Middle East conflicts to a localized range. Shareholder returns have increased, with the company completing $240 million of the $950 million share repurchase program for 2026, reducing the number of shares by 1.1%. Combined with anticipated dividend growth, InterContinental Hotels Group expects to return over $1.2 billion to shareholders in 2026.