Holiday Inn 2014 Annual Report Download - page 188

The Annual Report and Form 20-F 2014 contain 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 the effect 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 risks associated with the Group’s financial
stability and its ability to borrow and satisfy debt covenants; the risk of litigation; the Group’s reliance on the reputation of its brands and
exposure to inherent reputation risks, including those associated with intellectual property; the risks involved in the Group’s reliance
upon its reservations system and other key technology platforms, and the risks that could cause the failure of these systems; the risks
related to information security and data privacy; 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; compliance with existing and changing regulations across
numerous countries, territories and jurisdictions; the risks related to ethics and responsible business practices; 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 2014.
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Forward-looking statements
186
IHG Annual Report and Form 20-F 2014