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After a handful of competitors announcing scaled back profit forecasts amid a Trump Slump and fears of a recession, InterContinental Hotels Group (IHG) is holding firm on its outlook.
The company said today that it’s on track to meet analysts’ profit expectations, according to Reuters. Owner of the Holiday Inn brand, IHG also reported growth in U.S. room revenues, besting its competition.
In particular, IHG recorded 3.5 percent growth in U.S. room revenue for the first quarter of 2025. That’s in contrast to a a 1.9 percent…
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