(Reuters) -Holiday Inn owner InterContinental Hotels Group said on Thursday it was on track to meet market expectations for annual profit after a rebound in U.S. room revenues.
The United States is IHG’s largest market, which faces heightened recession risks due to a global trade war sparked by President Donald Trump’s tariffs, prompting travel companies to caution about stalling demand.
The downturn in travel following a post-pandemic boom has spooked the industry, prompting IHG’s…