IHG expects 2026 adjusted EPS growth near top end of 12%-15% target range
IHG•IHG expects 2026 adjusted EPS growth near the top of its 12%-15% annual target range and to meet consensus forecasts. Third-quarter global RevPAR rose 5.3%, and shareholder returns are on track to exceed $1.2 billion in 2026.
1. Outlook and returns
IHG expects 2026 adjusted EPS growth near the top of its 12%-15% annual target range and to meet consensus forecasts. Global revenue per available room rose 5.3% in the third quarter, bringing year-to-date growth to 4.6%. The company expects year-end net debt to adjusted EBITDA within its 2.5-3.0 times target range after a $950 million share buyback. Adjusted interest expense is forecast at $230 million-$240 million, while a preliminary increase of $40 million-$60 million is expected in 2027; shareholder returns are on track to exceed $1.2 billion in 2026 through repurchases and dividends.
