To update you here, rumours continue about an impending takeover by an American Grooup and the Share Price continues to rise, with no comment from the company.
An interesting development however is that CEO Richard Solomons has joined the Board of Marks and Spencer Plc and rumour has it that this is his next home once IHG has gone, for with the biggest hotel company to run you would not expect him to have time for the ailing M&S unless there was some long term plan.
Apart from this we are retaining IHG as one of our KEY investments as having just spent 5 nights at the Intercontinental Hotel in Marseille where nothing could be faulted, it was another experience of the top quality management of IHG.

Share price today £2820 up from £2560 since the February blog

The AGM is at the Intercontinental Hotel in London on May 8th the day after our General Election so it could add some interesting financial news to the plethora of politics that morning.