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The headline numbers for Hilton Worldwide (HLT) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Hilton Worldwide Holdings Inc.'s stock rose 3% early Wednesday, after the hotel operator's first-quarter earnings beat analysts' estimates, even as the company grappled with bad weather and other issues.
Hilton's (HLT) first-quarter 2024 performance is likely to have benefited from steady leisure demand, continued recovery in business transient and group businesses and expanded partnerships.
While revenge travel may be a fading concept, consumers still value accruing their vacation hours, potentially boding well for certain travel stocks to buy now. According to a Deloitte report, we may be moving into a new era of travel prioritization.
Fox News contributor Steve Hilton discusses California creating a COVID tax, its impact on businesses and says there's going to be change in the state. https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.
Besides Wall Street's top -and-bottom-line estimates for Hilton Worldwide (HLT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
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Hilton (HLT) acquires Sydell Group, enhancing its luxury brand offerings worldwide.
The industry is benefiting from increasing demand and robust RevPAR. Stocks like HLT, H and HGV will likely benefit from the prevailing scenario.
Hilton Food Group PLC (LSE:HFG) has unveiled a jump in profits for 2023 on the back of a rebound in its seafood business. Statutory pre-tax profit climbed over 64% to £48.6 million over the twelve months to December, the FTSE 250-listed food packaging firm said.