Ihg Is Hard Hit by Sellers Wary of Pandemic Gloom [Edition 2]

Summary


THREE days is a long time in a nascent pandemic. There is every chance that the markets will re-open on Tuesday with 72 hours worth of panic-hewn news to digest.

Some investors appeared today to be selling ahead of bad news; the travel sector was particularly hard hit with InterContinental Hotels Group one of the biggest blue-chip casualties, down 19p at 628p.

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Extract


Ihg Is Hard Hit by Sellers Wary of Pandemic Gloom [Edition 2]

The Crowne Plaza-to-Holiday Inn group owns more than 4000 hotels in 100 countries, with the biggest concentration by far in the United States and a further 120 in Mexico.

Millennium & Copthorne, ...

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