UPDATE 1-Choice Hotels Q1 tops Street; Q2 profit view lags

* Q1 EPS $0.27/shr vs est $0.25/shr

* Q1 rev $114.2 mln vs est $113.3 mln

* Sees Q2 EPS below market view

April 30 (Reuters) - Budget hotel chain operator Choice Hotels International Inc (CHH.N) posted higher-than-expected quarterly results, as cost-control efforts offset lower spending by consumers and corporations, but its second-quarter profit outlook lagged market view.

Larger rivals Starwood Hotels & Resorts Worldwide (HOT.N) and Wyndham Worldwide Corp (WYN.N) posted better-than-expected profits in their current quarters, while Marriott International's (MAR.N) loss was smaller-than-expected. The 3 hotel operators beat estimates, mostly due to tighter cost controls.

For the first quarter ended March 31, the company posted a profit of $16.3 million, or 27 cents a share, compared with $18.6 million, or 29 cents a share, a year earlier.

Revenue fell 11 percent to $114.2 million.

Analysts on average were expecting earnings of 25 cents a share, before items, on revenue of $113.3 million, according to Reuters Estimates.

The company's domestic system-wide revenue per available room (RevPAR), a key gauge of hotel performance that reflects rates and occupancy, fell 10.3 percent in the quarter. It expects second-quarter RevPar to fall 16 percent.

Choice Hotels expects second-quarter earnings of 41 cents a share compared with analyst estimates of 43 cents a share.

Shares of the Silver Spring, Maryland-based company closed at $29.93 Thursday on the New York Stock Exchange. (Reporting by Mihir Dalal in Bangalore; Editing by Anil D'Silva )