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(Reuters) -IHG said on Friday it expected to close out 2023 with "very strong" financials as the Holiday Inn-owner reported a rise in quarterly revenue per room thanks to strong summer travel demand and a recovery in China to pre-pandemic levels. Its shares, however, fell 2.2% in morning trade, with Bernstein analyst Richard Clarke attributing the drop to a slowdown in IHG's net system size growth from the prior quarter and concerns it might miss its full year guidance. The group recorded growth across its leisure, business travel and group travel segments, CEO Elie Maalouf said in a statement.

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