UPDATE 1-InterContinental Hotel reiterates annual profit estimates, defying industry trend

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InterContinental Hotels Group PLC Sponsored ADR IHG	140.41 138.56	-0.04% -1.32% Pre
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Rewrites paragraph 1, adds background in paragraph 2, details on consensus and Q1 revenue per room in paragraphs 3-4

May 8 (Reuters) - Holiday Inn owner InterContinental Hotels Group (IHG) IHG.L said on Thursday it is on track to meet the full-year consensus profit estimate, defying industry peers' forecast warnings over waning economic and consumer sentiment in the U.S.

The United States, the IHG's largest market, faces heightened recession risks due to a global trade war sparked by President Donald Trump's tariffs, which have prompted travel companies to caution about stalling demand.

Analysts expect IHG to report adjusted EBITDA of 1.32 billion pounds ($1.75 billion) for the fiscal year 2025.

The group also reported a 3.3% jump in global revenue per available room (RevPAR) for the first quarter, up from last year's 2.6% growth.

($1 = 0.7522 pounds)

(Reporting by Raechel Thankam Job in Bengaluru; Editing by Sumana Nandy)

((RaechelThankam.Job@thomsonreuters.com;))

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