Gen Z is Redefining Luxury — Will KLXY and FINE ETFs Adapt?
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Gen Z's Impact on Luxury: Gen Z is reshaping the luxury market by prioritizing sustainability, digital culture, and affordable prestige over traditional logos and heritage brands, as highlighted by a Reuters survey.
ETF Performance Comparison: The KraneShares Global Luxury Index ETF (KLXY) has shown better performance with an 11.5% return since its September 2023 debut, while the Themes European Luxury ETF (FINE) has remained flat and lost 3.6% over the past year, indicating KLXY's broader appeal to Gen Z's preferences.
Analyst Views on IHG
Wall Street analysts forecast IHG stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for IHG is 135.00 USD with a low forecast of 135.00 USD and a high forecast of 135.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 139.220
Low
135.00
Averages
135.00
High
135.00
Current: 139.220
Low
135.00
Averages
135.00
High
135.00
About IHG
InterContinental Hotels Group PLC is a United Kingdom-based global hospitality company. The Company has a diverse portfolio of differentiated brands. With 20 hotel brands and IHG One Rewards, which is a hotel loyalty program, the Company has approximately 6,600 open hotels in more than 100 countries, and a development pipeline of over 2,200 properties. The Company’s brands include Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo, voco hotels, HUALUXE Hotels & Resorts, Crowne Plaza Hotels & Resorts, EVEN Hotels, Holiday Inn Express, Holiday Inn Hotels & Resorts, Garner hotels, avid hotels, Atwell Suites, Staybridge Suites, Holiday Inn Club Vacations, Candlewood Suites, Iberostar Beachfront Resorts, and Ruby. Ruby brand operates approximately 20 hotels (3,483 rooms) in cities across Europe and has another 10 pipeline hotels (2,235 rooms).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
