Last year, I bought some shares in FTSE 100 stock InterContinental Hotels (LSE: IHG). So far, they’ve been a great investment (today, I’m sitting on a gain of over 30%). Looking ahead, I plan to buy more shares in the hotel operator in the near future. Here’s why I’m bullish on the Footsie stock. In my view, InterContinental Hotels, or IHG for short, is a ‘world-class’ company. For starters, it owns a whole portfolio of well-known hotel brands. From budget-friendly names such as Holiday Inn to top-of-the-range luxury names including InterContinental, it has many top brands under its umbrella. Well-known brands can be a major competitive advantage. Next, it’s very profitable, thanks to its asset-light franchise model. Last year, for example, return on capital employed (ROCE) came in at a huge 41% – more than twice the FTSE 100 average (17%). Over the long term, a high ROCE tends to lead to significant company growth and big returns for shareholders. Speaking of returns for shareholders, this company has an outstanding track record. Over the last 10 years, its share price has risen by about 250%. That translates to an annual return of about 13.4%. Add in dividends (the yield is...