Intercontinental Hotels Group Plc · LSE:IHG

Intercontinental Hotels — H1 2003 Earnings Presentation

21 slides from Intercontinental Hotels's earnings presentation, May 2003

  1. Slide 1: Supplementary Information

    ‘) INTERCONTINENTAL. ey HOTELS GROUP Supplementary Information

  2. Slide 2: InterContinental Hotels - RevPAR Owned/Leased & Managed, 3 Months to 31 December 2002

    InterContinental Hotels - RevPAR Owned/Leased & Managed 3 Months to 31 December 2002 Owned & Leased Managed Occ % ADR RevPAR Occ % ADR RevPAR 2003 Growth 2003 Growth 2003 Growth 2003 Grow th 2003 Growth 2003 Growth InterContinental 65.5% 7.7% 175.35 6.6% 114.87 20.8% 48.9% (1.1%) 114.50 (9.4%) 55.98

  3. Slide 3: InterContinental Hotels - RevPAR Franchised & Total, 3 Months to 31 December 2002

    InterContinental Hotels - RevPAR Franchised & Total 3 Months to 31 December 2002 Franchised Total Occ % ADR RevPAR Occ % ADR RevPAR 2003 Growth 2003 Growth 2003 Growth 2003 Grow th 2003 Growth 2003 Growth InterContinental 48.4% 3.9% 112.35 (0.6%) 54.32 8.2% 53.7% 3.4% 136.09 0.8% 73.06 7.7% Crowne P

  4. Slide 4: InterContinental Hotels - RevPAR Owned/Leased & Managed, 3 Months to 31 March 2003

    InterContinental Hotels - RevPAR Owned/Leased & Managed 3 Months to 31 March 2003 Owned & Leased Managed Occ % ADR RevPAR Occ % ADR RevPAR 2003 Growth 2003 Growth 2003 Growth 2003 Grow th 2003 Growth 2003 Grow th InterContinental 63.8% 4.8% 160.09 (5.8%) 102.09 1.8% 44.4% (7.8%) 119.72 (10.8%) 53.17

  5. Slide 5: InterContinental Hotels - RevPAR Franchised & Total, 3 Months to 31 March 2003

    InterContinental Hotels - RevPAR Franchised & Total 3 Months to 31 March 2003 Franchised Total Occ % ADR RevPAR Occ % ADR RevPAR 2003 Growth 2003 Growth 2003 Growth 2003 Grow th 2003 Growth 2003 Growth InterContinental 52.7% (0.6%) 115.98 0.3% 61.10 (0.8%) 53.2% (1.2%) 132.93 (3.3%) 70.78 (5.4%) Cro

  6. Slide 6: InterContinental Hotels - RevPAR Owned/Leased & Managed, 6 Months to 31 March 2003

    InterContinental Hotels - RevPAR Owned/Leased & Managed 6 Months to 31 March 2003 Owned & Leased Managed Occ % ADR RevPAR Occ % ADR RevPAR 2003 Growth 2003 Growth 2003 Growth 2003 Grow th 2003 Growth 2003 Growth InterContinental 64.6% 6.3% 167.90 0.4% 108.55 11.3% 46.7% (4.4%) 116.95 (10.3%) 54.59 (

  7. Slide 7: InterContinental Hotels - RevPAR Franchised & Total, 6 Months to 31 March 2003

    InterContinental Hotels - RevPAR Franchised & Total 6 Months to 31 March 2003 Franchised Total Occ % ADR RevPAR Occ % ADR RevPAR 2003 Growth 2003 Growth 2003 Growth 2003 Grow th 2003 Growth 2003 Growth InterContinental 50.5% 1.5% 114.22 (0.3%) 57.67 2.8% 53.5% 1.1% 134.54 (1.3%) 71.93 0.9% Crowne Pl

  8. Slide 8: InterContinental Hotels - Revenue Calendar Year 2002

    InterContinental Hotels - Revenue Calendar Year 2002 Q1 Q2 Q3 Q4 Total $m $m $m $m $m AMERICAS Owned and leased 108 129 120 129 486 Managed & upscale franchised 22 25 27 29 103 Midscale franchised 66 77 83 63 289 Total AMERICAS 196 231 230 221 878 EMEA Owned and leased 234 283 306 289 1,112 Managed

  9. Slide 9: InterContinental Hotels - Revenue 3 Months to 31 December 2002

    InterContinental Hotels - Revenue 3 Months to 31 December 2002 3 mths 3mths to Dec 02 to Dec 01 $m $m % AMERICAS Owned and leased 129 109 18.3 Managed & upscale franchised 29 34 (14.7) Midscale franchised 63 62 1.6 Total AMERICAS 221 205 7.8 EMEA Owned and leased 289 265 9.1 Managed & franchised 33

  10. Slide 10: InterContinental Hotels - Revenue 3 Months to 31 March 2003

    InterContinental Hotels - Revenue 3 Months to 31 March 2003 3 mths 3 mths to Mar 03 to Mar 02 $m $m % AMERICAS Owned and leased 117 108 8.3 Managed & upscale franchised 25 22 13.6 Midscale franchised 65 66 (1.5) Total AMERICAS 207 196 5.6 EMEA Owned and leased 257 234 9.8 Managed & franchised 30 39

  11. Slide 11: InterContinental Hotels - Revenue 6 Months to 31 March 2003

    InterContinental Hotels - Revenue 6 Months to 31 March 2003 6 mths 6mths to Mar 03 to Mar 02 $m $m % AMERICAS Owned and leased 246 217 13.4 Managed & upscale franchised 54 56 (3.6) Midscale franchised 128 128 - Total AMERICAS 428 401 6.7 EMEA Owned and leased 546 499 9.4 Managed & franchised 63 64 (

  12. Slide 12: InterContinental Hotels - Operating Profit Calendar Year 2002

    InterContinental Hotels - Operating Profit Calendar Year 2002 Q1 Q2 Q3 Q4 Total $m $m $m $m $m AMERICAS Owned & Leased 1 12 7 4 24 Managed & Upscale Franchised 9 11 10 9 39 Midscale Franchised 43 57 60 42 202 Total Americas 53 80 77 55 265 EMEA Owned & Leased 20 39 53 22 134 Managed & Franchised 11

  13. Slide 13: Total System Size at 31 March 2003

    InterContinental Hotels Total System Size at 31 March 2003 Owned & Leased Managed Franc hised Total Hotels Rooms Hotels Rooms Hotels Rooms Hotels Rooms InterContinental 10 4,421 15 4,645 19 5,142 44 14,208 Crowne Plaza 6 2,286 23 8,152 75 20,871 104 31,309 Holiday Inn 8 2,665 65 19,524 1,065 196,632

  14. Slide 14: Total System Size at 31 December 2002

    InterContinental Hotels Total System Size at 31 December 2002 Owned & Leased Managed Franc hised Total Hotels Rooms Hotels Rooms Hotels Rooms Hotels Rooms InterContinental 10 4,421 15 4,645 19 5,142 44 14,208 Crowne Plaza 6 2,286 24 8,289 76 20,996 106 31,571 Holiday Inn 8 2,665 65 19,524 1,068 197,

  15. Slide 15: Pipeline at 31 March 2003

    InterContinental Hotels Pipeline at 31 March 2003 Owned & Leas ed Managed Franchised Total Hotels Rooms Hotels Rooms Hotels Rooms Hotels Rooms InterContinental 1 420 4 1,356 - - 5 1,776 Crowne Plaza - - 4 828 10 2,367 14 3,195 Holiday Inn 2 379 1 780 68 9,414 71 10,573 Express - - 1 252 238 19,978 2

  16. Slide 16: Current Trading - RevPAR

    InterContinental Hotels Current Trading - RevPAR FY03 'vs' FY02 January February March April Agg March &April Americas InterContinental O&L 0.1% 1.4% 3.7% (1.0%) 1.2% Crowne Plaz a (3.3%) (2.7%) (1.9%) (13.7%) (7.8%) Holiday Inn (0.6%) (3.2%) (2.4%) (8.1%) (5.2%) Expres s 1.2% (1.4%) (0.2%) (2.7%) (

  17. Slide 17: Current Trading - Occupancy

    InterContinental Hotels Current Trading - Occupancy FY03 'vs' FY02 January February March April Agg March &April Americas InterContinental O&L 1.2% 6.8% 6.6% 2.6% 4.4% Crowne Plaz a (0.1%) 1.0% 0.1% (6.5%) (3.2%) Holiday Inn (0.4%) (0.9%) (1.4%) (4.5%) (2.9%) Expres s 0.1% (0.7%) (0.3%) (1.9%) (1.1%

  18. Slide 18: Current Trading - Rate

    InterContinental Hotels Current Trading - Rate FY03 'vs' FY02 January February March April Agg March &April Americas InterContinental O&L (2.0%) (8.6%) (6.8%) (4.7%) (5.6%) Crowne Plaz a (3.0%) (4.2%) (2.0%) (4.4%) (3.1%) Holiday Inn 0.2% (1.6%) (0.2%) (1.2%) (0.7%) Expres s 0.9% (0.2%) 0.4% 0.3% 0.

  19. Slide 19: New Hotel Openings in 6 Months to 31 March 2003

    InterContinental Hotels New Hotel Openings in 6 Months to 31 March 2003 Brand Hotel Number InterContinental Malta 2 Le Metropole, Alexandria Crowne Plaza San Francisco International Airport 7 Marlow, UK Lille - Euralille, France Zhangjiang, China Newcastle, Australia Darwin, Australia Alice Springs,

  20. Slide 20: Group PLC Exceptional Costs

    InterContinental Hotels Group PLC Exceptional Costs Profit and Loss - 6 months to 31 March 2003 £m Six Continents separation and defence costs 129 Bank facility fees (28) Separation costs charged in the year to 30 Sept 2002 (4) 97 Premium payable on repayment of EMTN and debenture 136 Organisation r

  21. Slide 21: Group PLC Capital Expenditure

    InterContinental Hotels Group PLC Capital Expenditure z Capital expenditure of £375m in calendar 2003 z Major Items - IC Le Grand and Holiday Inn UK Renovation spend - HI Disneyland Paris - IC Atlanta - CP Brussels Airport - HI Prototype (Atlanta) - Express Germany - Enterprise Infrastructure - Ongo

InterContinental Hotels Group — H1 2003 Earnings Presentation on 6ix