Holiday Inn 2015 Annual Report Download - page 182

The Annual Report and Form 20-F 2015 contains certain forward-looking statements as defined under US legislation (Section 21E of the
Securities Exchange Act of 1934) with respect to the financial condition, results of operations and business of InterContinental Hotels Group
and certain plans and objectives of the Board of Directors of InterContinental Hotels Group PLC with respect thereto. Such statements include,
but are not limited to, statements made in the Chairman’s Statement and in the Chief Executive Officer’s Review. These forward-looking
statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements often use words
such as ‘anticipate’, ‘target’, ‘expect’, ‘estimate’, ‘intend’, ‘plan’, ‘goal’, ‘believe’, or other words of similar meaning. These statements are based
on assumptions and assessments made by InterContinental Hotels Group’s management in light of their experience and their perception of
historical trends, current conditions, expected future developments and other factors they believe to be appropriate.
By their nature, forward-looking statements are inherently predictive, speculative and involve risk and uncertainty. There are a number of factors
that could cause actual results and developments to differ materially from those expressed in, or implied by, such forward-looking statements,
including, but not limited to: the risks of political and economic developments; the risk of events that adversely impact domestic or international
travel; the risks of the hotel industry supply-and-demand cycle; the Group being subject to a competitive and changing industry; the Group’s
exposure to risks related to executing and realising benefits from strategic transactions, including acquisitions; the Group’s dependence upon a
wide range of external stakeholders and business partners; the Group’s exposure to increasing competition from online travel agents and
intermediaries; the risks related to identifying, securing and retaining franchise and management agreements; the risks in relation to changing
technology and systems; the Group’s reliance on the reputation of its brands and is exposed to inherent reputation risks; the Group’s exposure to
risks associated with its intellectual property; the risks involved in the Group’s reliance upon its reservation system and other key technology
platforms, and the risks that could cause the failure of these systems; the risks associated with safety, security and crisis management; the
ability to acquire and retain the right people, skills and capability to manage growth and change; the risks associated with the Group’s financial
stability and its ability to borrow and satisfy debt covenants; the risk of litigation; the risks related to information security and data privacy;
compliance with existing and changing regulations and societal expectations across numerous countries, territories and jurisdictions; and the
risks associated with insuring its business.
The main factors that could affect the business and financial results are described in the Strategic Report of the Annual Report and Form 20-F 2015.
Forward-looking statements
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180 IHG Annual Report and Form 20-F 2015