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    <link:label id="lab_ifrs-full_CurrentContractLiabilities_019b2ede-c49f-771b-95af-33c33846dc6b_terseLabel_en" xlink:label="lab_ifrs-full_CurrentContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en">Current contract liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentContractLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentContractLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentContractLiabilities" xlink:to="lab_ifrs-full_CurrentContractLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ihg_DisclosureOfExceptionalItemsExplanatory_label_en" xlink:label="lab_ihg_DisclosureOfExceptionalItemsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disclosure Of Exceptional Items Explanatory [Text Block]</link:label>
    <link:label id="lab_ihg_DisclosureOfExceptionalItemsExplanatory_documentation_en" xlink:label="lab_ihg_DisclosureOfExceptionalItemsExplanatory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Disclosure Of Exceptional Items Explanatory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ihg_DisclosureOfExceptionalItemsExplanatory" xlink:href="2138007ZFQYRUSLU3J98-2025-12-31.xsd#ihg_DisclosureOfExceptionalItemsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ihg_DisclosureOfExceptionalItemsExplanatory" xlink:to="lab_ihg_DisclosureOfExceptionalItemsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ihg_SystemFundAndReimbursableExpenses_label_en" xlink:label="lab_ihg_SystemFundAndReimbursableExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">System Fund and reimbursable expenses</link:label>
    <link:label id="lab_ihg_SystemFundAndReimbursableExpenses_documentation_en" xlink:label="lab_ihg_SystemFundAndReimbursableExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">System Fund and reimbursable expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ihg_SystemFundAndReimbursableExpenses" xlink:href="2138007ZFQYRUSLU3J98-2025-12-31.xsd#ihg_SystemFundAndReimbursableExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ihg_SystemFundAndReimbursableExpenses" xlink:to="lab_ihg_SystemFundAndReimbursableExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilities_019b2ede-c49f-716c-a009-4561b8c2659a_terseLabel_en" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en">Deferred tax liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DeferredTaxLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxLiabilities" xlink:to="lab_ifrs-full_DeferredTaxLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ihg_OperatingExceptionalItems_label_en" xlink:label="lab_ihg_OperatingExceptionalItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Operating Exceptional Items</link:label>
    <link:label id="lab_ihg_OperatingExceptionalItems_documentation_en" xlink:label="lab_ihg_OperatingExceptionalItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Operating Exceptional Items</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ihg_OperatingExceptionalItems" xlink:href="2138007ZFQYRUSLU3J98-2025-12-31.xsd#ihg_OperatingExceptionalItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ihg_OperatingExceptionalItems" xlink:to="lab_ihg_OperatingExceptionalItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ihg_InsuranceContractsIssuedThatAreLiabilitiesNonCurrent_019b2ede-c49f-7164-ae75-c1cdc106dd77_terseLabel_en" xlink:label="lab_ihg_InsuranceContractsIssuedThatAreLiabilitiesNonCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en">Insurance Contracts Issued That Are Liabilities Non Current</link:label>
    <link:label id="lab_ihg_InsuranceContractsIssuedThatAreLiabilitiesNonCurrent_label_en" xlink:label="lab_ihg_InsuranceContractsIssuedThatAreLiabilitiesNonCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Insurance Contracts Issued That Are Liabilities Non Current</link:label>
    <link:label id="lab_ihg_InsuranceContractsIssuedThatAreLiabilitiesNonCurrent_documentation_en" xlink:label="lab_ihg_InsuranceContractsIssuedThatAreLiabilitiesNonCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Insurance Contracts Issued That Are Liabilities Non Current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ihg_InsuranceContractsIssuedThatAreLiabilitiesNonCurrent" xlink:href="2138007ZFQYRUSLU3J98-2025-12-31.xsd#ihg_InsuranceContractsIssuedThatAreLiabilitiesNonCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ihg_InsuranceContractsIssuedThatAreLiabilitiesNonCurrent" xlink:to="lab_ihg_InsuranceContractsIssuedThatAreLiabilitiesNonCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_019b2ede-c49f-79cd-bb04-880df307919d_totalLabel_en" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Cash flows from (used in) operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ihg_DisclosureOfDetailedInformationAboutNetDebtExplanatory_label_en" xlink:label="lab_ihg_DisclosureOfDetailedInformationAboutNetDebtExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disclosure Of Detailed Information About Net Debt Explanatory [Text Block]</link:label>
    <link:label id="lab_ihg_DisclosureOfDetailedInformationAboutNetDebtExplanatory_documentation_en" xlink:label="lab_ihg_DisclosureOfDetailedInformationAboutNetDebtExplanatory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Disclosure Of Detailed Information About Net Debt Explanatory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ihg_DisclosureOfDetailedInformationAboutNetDebtExplanatory" xlink:href="2138007ZFQYRUSLU3J98-2025-12-31.xsd#ihg_DisclosureOfDetailedInformationAboutNetDebtExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ihg_DisclosureOfDetailedInformationAboutNetDebtExplanatory" xlink:to="lab_ihg_DisclosureOfDetailedInformationAboutNetDebtExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ihg_OwnedLeasedHotels_label_en" xlink:label="lab_ihg_OwnedLeasedHotels" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Owned &amp; Leased Hotels [Member]</link:label>
    <link:label id="lab_ihg_OwnedLeasedHotels_documentation_en" xlink:label="lab_ihg_OwnedLeasedHotels" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Owned &amp; Leased Hotels</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ihg_OwnedLeasedHotels" xlink:href="2138007ZFQYRUSLU3J98-2025-12-31.xsd#ihg_OwnedLeasedHotels"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ihg_OwnedLeasedHotels" xlink:to="lab_ihg_OwnedLeasedHotels" xlink:type="arc" order="1"/>
    <link:label id="lab_ihg_ProfitLossFromOperationsOfSystemFundAndReimbursableResult_label_en" xlink:label="lab_ihg_ProfitLossFromOperationsOfSystemFundAndReimbursableResult" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Profit Loss From Operations Of System Fund And Reimbursable Result</link:label>
    <link:label id="lab_ihg_ProfitLossFromOperationsOfSystemFundAndReimbursableResult_documentation_en" xlink:label="lab_ihg_ProfitLossFromOperationsOfSystemFundAndReimbursableResult" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Profit Loss From Operations Of System Fund And Reimbursable Result</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ihg_ProfitLossFromOperationsOfSystemFundAndReimbursableResult" xlink:href="2138007ZFQYRUSLU3J98-2025-12-31.xsd#ihg_ProfitLossFromOperationsOfSystemFundAndReimbursableResult"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ihg_ProfitLossFromOperationsOfSystemFundAndReimbursableResult" xlink:to="lab_ihg_ProfitLossFromOperationsOfSystemFundAndReimbursableResult" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities_019b2ede-c49f-7047-bd39-e9484bd35fbf_terseLabel_en" xlink:label="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en">Non-current derivative financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NoncurrentDerivativeFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:to="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ihg_StatementTable_label_en" xlink:label="lab_ihg_StatementTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Statement [Table]</link:label>
    <link:label id="lab_ihg_StatementTable_documentation_en" xlink:label="lab_ihg_StatementTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Statement [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ihg_StatementTable" xlink:href="2138007ZFQYRUSLU3J98-2025-12-31.xsd#ihg_StatementTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ihg_StatementTable" xlink:to="lab_ihg_StatementTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_019b2ede-c49f-7a44-8477-e62526665457_terseLabel_en" xlink:label="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en">Dividends paid to non-controlling interests, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_019b2ede-c49f-7e57-8127-4aa727bff05d_terseLabel_en" xlink:label="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en">Payments to acquire or redeem entity's shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PaymentsToAcquireOrRedeemEntitysShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:to="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ihg_StatementLineItems_label_en" xlink:label="lab_ihg_StatementLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Statement [Line Items]</link:label>
    <link:label id="lab_ihg_StatementLineItems_documentation_en" xlink:label="lab_ihg_StatementLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Statement [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ihg_StatementLineItems" xlink:href="2138007ZFQYRUSLU3J98-2025-12-31.xsd#ihg_StatementLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ihg_StatementLineItems" xlink:to="lab_ihg_StatementLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ihg_DeferredCompensationPlanInvestments_label_en" xlink:label="lab_ihg_DeferredCompensationPlanInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Deferred Compensation Plan Investments</link:label>
    <link:label id="lab_ihg_DeferredCompensationPlanInvestments_documentation_en" xlink:label="lab_ihg_DeferredCompensationPlanInvestments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Deferred Compensation Plan Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ihg_DeferredCompensationPlanInvestments" xlink:href="2138007ZFQYRUSLU3J98-2025-12-31.xsd#ihg_DeferredCompensationPlanInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ihg_DeferredCompensationPlanInvestments" xlink:to="lab_ihg_DeferredCompensationPlanInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_ihg_SharesHeldByEmployeeShareTrusts_label_en" xlink:label="lab_ihg_SharesHeldByEmployeeShareTrusts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Shares Held By Employee Share Trusts [Member]</link:label>
    <link:label id="lab_ihg_SharesHeldByEmployeeShareTrusts_documentation_en" xlink:label="lab_ihg_SharesHeldByEmployeeShareTrusts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Shares Held By Employee Share Trusts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ihg_SharesHeldByEmployeeShareTrusts" xlink:href="2138007ZFQYRUSLU3J98-2025-12-31.xsd#ihg_SharesHeldByEmployeeShareTrusts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ihg_SharesHeldByEmployeeShareTrusts" xlink:to="lab_ihg_SharesHeldByEmployeeShareTrusts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_019b2ede-c49f-7876-885c-afd1ed4d81fe_negatedLabel_en" xlink:label="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en">Purchase of intangible assets, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentLeaseLiabilities_019b2ede-c49f-72e7-b59b-bfd6ce59ffa9_terseLabel_en" xlink:label="lab_ifrs-full_CurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en">Current lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLeaseLiabilities" xlink:to="lab_ifrs-full_CurrentLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ihg_ContractCostsCurrent_label_en" xlink:label="lab_ihg_ContractCostsCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Contract Costs Current</link:label>
    <link:label id="lab_ihg_ContractCostsCurrent_documentation_en" xlink:label="lab_ihg_ContractCostsCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Contract Costs Current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ihg_ContractCostsCurrent" xlink:href="2138007ZFQYRUSLU3J98-2025-12-31.xsd#ihg_ContractCostsCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ihg_ContractCostsCurrent" xlink:to="lab_ihg_ContractCostsCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShorttermBorrowings_019b2ede-c49f-7b83-a695-9ec96c481962_terseLabel_en" xlink:label="lab_ifrs-full_ShorttermBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en">Current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShorttermBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ShorttermBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShorttermBorrowings" xlink:to="lab_ifrs-full_ShorttermBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetAssetsLiabilities_019b2ede-c49f-77d5-a851-d5da98b72156_totalLabel_en" xlink:label="lab_ifrs-full_NetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Assets (liabilities)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetAssetsLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NetAssetsLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetAssetsLiabilities" xlink:to="lab_ifrs-full_NetAssetsLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ihg_OperatingProfitBeforeSystemFundReimbursablesAndExceptionalItems_label_en" xlink:label="lab_ihg_OperatingProfitBeforeSystemFundReimbursablesAndExceptionalItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Operating profit before System Fund, reimbursables and exceptional items</link:label>
    <link:label id="lab_ihg_OperatingProfitBeforeSystemFundReimbursablesAndExceptionalItems_documentation_en" xlink:label="lab_ihg_OperatingProfitBeforeSystemFundReimbursablesAndExceptionalItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Operating profit before System Fund, reimbursables and exceptional items</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ihg_OperatingProfitBeforeSystemFundReimbursablesAndExceptionalItems" xlink:href="2138007ZFQYRUSLU3J98-2025-12-31.xsd#ihg_OperatingProfitBeforeSystemFundReimbursablesAndExceptionalItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ihg_OperatingProfitBeforeSystemFundReimbursablesAndExceptionalItems" xlink:to="lab_ihg_OperatingProfitBeforeSystemFundReimbursablesAndExceptionalItems" xlink:type="arc" order="1"/>
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