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InterContinental

InterContinental Pledges Return After Strong Growth

InterContinental Hotels said it expected to return up to $1 billion to shareholders after it posted above-forecast earnings last year with revenue per available room up 7.6% in the fourth quarter. InterContinental Hotels said it expected to return up to $1 billion to shareholders after it posted above-forecast earnings last year with revenue per available room up 7.6% in the fourth quarter. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator…

Intercontinental hybrid VTOL could fly halfway around the world

Aura Aerospace has proposed a crazy new take on advanced air mobility. The five-seat Ranger looks like Darth Vader's shuttle when it's folded up, but it promises to fly further than any normal airliner, with roof-to-roof vertical takeoff and landing.Exactly how Aura proposes to do this is fairly simple. Vertical takeoff and landing is achieved using a coaxial octacopter system, with eight 70-inch (178-cm) two-blade props hanging fore and aft of the large main wing. This system gets you on and off the vertipad, and once…

Cyberattack on InterContinental Hotels Disrupts Business at Franchisees

A cyberattack on InterContinental Hotels Group PLC disrupted business at franchisees this month, leaving a trail of angry customers, lost income and a class-action lawsuit.IHG, which has 17 brands of hotels located around the world, said on Sept. 6 that it detected unauthorized activity on its technology systems, leading to significant disruptions in booking and other systems. Hotel owners complain they received one email from IHG executives explaining that the attack would shut down online…