InterContinental Hotels Group PLC (IHG) Q3 2022 Earnings Call Transcript

For the period ending September 30, 2022

October 21, 2022 4:00 a.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good morning, and welcome to today's Third Quarter Trading Update to 30th September 2022. My name is Bailey, and I'll be your moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions-and-answers at the end. [Operator Instructions]

I would now like to pass the conference over to our host, Stuart Ford, Vice President and Head of Investor Relations. Please go ahead, when you're ready.

Stuart Ford

Many thanks, Bailey. So good morning, everyone, and welcome from me to IHG's conference call for the third quarter of 2022 trading update. So I'm Stuart Ford, the Head of Investor Relations at IHG, and I'm joined this morning by Paul Edgecliffe-Johnson, our Group CFO.

Just to remind listeners on the call that in the discussions today, the company may make certain forward-looking statements as defined under US 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 research analysts and institutional investors, who are listening via our website, can I remind you that in order to ask questions you will need to dial-in using the details on the bottom of page two of the RNS release. The release together with the usual supplementary data pack can be downloaded from the Results and Presentations section under the Investors tab on ihgplc.com.

I'll now hand over the call to Paul.

Paul Edgecliffe-Johnson

Well, thank you, Stuart, and good morning, everyone. Before turning to the trading update, I just wanted to acknowledge the other statement out this morning regarding my stepping down as CFO. It's been a huge privilege to spend almost two decades with IHG and be part of the many achievements and successes that the business has had so far, and to have played a role in setting up a very bright future with the breadth of our portfolio today, our scale and the strength of our enterprise platform. But now is the right time for me personally and professionally to take up a new career opportunity. I will be here for another six months. So in that time, just like today, it is very much business as usual. And when it comes to my leaving, I know that I'm doing so with IHG very well-positioned for further success.