IHG has burned through roughly $140M of a $950M buyback in two months, canceling shares instead of reinvesting in the portfolio. When a company this size says the best use of its cash is buying its own stock, that's a statement about where it sees growth... and where it doesn't.
G6 Hospitality's decision to pull back from AAHOA isn't about "aligning resources." It's about a new owner redrawing the map of who matters and who doesn't... and if you're a Motel 6 franchisee, you should be paying very close attention to which side of that line you're on.
Morgan Stanley lifted its IHG target to $145 and called the improvement real. The stock hit $148.23 three weeks earlier. That's your answer.
Choice declared its first quarterly dividend at $0.2875 per share, yielding 1.1%, while swapping general counsels. One of these things matters for shareholders. The other is a press release.
