Hilton Worldwide 4Q Profit Increases on Leisure, Business Travel Demand
Hilton Worldwide Holdings posted an increase in fourth-quarter profit, buoyed by travel demand among leisure and business travelers. The hotel operator logged net income of $505 million, or $2.06 a share, compared to $150 million, or 57 cents a share, a year earlier.
Hilton Worldwide delivered better-than-expected earnings as it navigates a challenging backdrop for the hospitality industry.
Hilton Worldwide Holdings Inc. (NYSE:HLT – Get Free Report)’s stock price reached a new 52-week high during trading on Tuesday after Wells Fargo & Company raised their price target on the stock from ...
Reports Q4 revenue $2.78B, consensus $2.78B. Christopher Nassetta, President & Chief Executive Officer of Hilton (HLT), said, “We are ...
HLT's fourth-quarter 2024 performance is likely to have benefited from strong group bookings, recovery in business travel and ...
Securities adjusted its stance on Hilton Worldwide Holdings Inc. (NYSE:HLT), downgrading the hotel giant's stock rating from Outperform to Neutral. Despite the downgrade, the firm increased its price ...
Mizuho analyst Ben Chaiken downgraded Hilton (HLT) to Neutral from Outperform with a price target of $263, up from $243. The firm cites largely ...
Hotel company Hilton (NYSE:HLT) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 6.7% year on year to $2.78 ...
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