InterContinental Hotels Group PLC (IHG) announced that the UK Competition and Markets Authority (CMA) has opened an investigation into several hospitality groups, including IHG, as well as a hotel data analytics provider.

The investigation concerns suspected sharing of competitively sensitive information among competing hotel chains. IHG stated that it will fully cooperate with the CMA’s inquiries. The regulator emphasized that no assumptions should be made at this stage regarding whether competition law has been breached.

IHG said it will not provide further comment at this time.