Hotel Stocks Slide After Hilton Warns of Leisure Travel Slowdown
Shares of Hilton Worldwide Holdings and other hotel companies fell Wednesday after the hotel giant lowered its full-year earnings forecast and warned of softening leisure travel demand.
Hilton Lowers Profit Outlook With Travel Demand Growth Slowing
Hilton Worldwide Holdings Inc. lowered its profit outlook, as the addition of new hotels to its global system failed to offset slower travel demand.
Hotel stocks weighed down by Hilton's lowered outlook
Hilton Worldwide Holdings (NYSE:HLT) lowered its outlook for the full year and expects to receive less income for each room as soft macroeconomic trends in the U.S. and China drives down demand for the hotel chain’s modestly-priced properties.
Positive Long-Term Growth Outlook for Hilton Worldwide Holdings Despite Short-Term Challenges
Analyst Kevin Kopelman of TD Cowen maintained a Buy rating on Hilton Worldwide Holdings (HLT – Research Report), with a price target of
Hilton cuts 2024 room revenue growth forecast on slowing consumer spending
Hilton Worldwide lowered the upper end of its annual room revenue growth forecast on Wednesday, as some U.S. consumers cut back on domestic travel spending amid a drop in disposable income. Domestic travel demand in the U.
Hilton’s Record Hotel Openings and Pipeline Growth
This summer, Hilton opened more hotels than they've ever opened in a quarter. It grew its hotel count by 7.8%, also a record.
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AI-Powered Travel Agents, Hilton’s Mixed Fortunes and Boeing’s Struggles
Anthropic introduced AI technology that could revolutionize travel planning by reducing manual booking processes. Hilton ...
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Hilton Honors now has more than 200 million members — and more ways to earn and redeem points
Hilton hit both an important loyalty milestone and a growth record in the third quarter — further signs the hotel giant is ...
Sleep Divorce, MeMooners Lead 2025 Travel Trends, According To Hilton
Year of the Travel Maximizer. Here’s an exclusive look at how Hilton is addressing the surprising results of its annual ...
Nicky Hilton shares her fall fashion and beauty favorites, from teddy coats to ‘tech neck’ serum
While her Chanel collection features “probably 30” of the brand’s coats, not everything in her routine has a four-figure ...
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Hilton Hawaiian Village workers mark 30 days on strike
Strikers are visible and audible outside the hotel and have also been sign-waving in downtown Honolulu. The union, UNITE HERE ...
Pregnant Princess Beatrice Runs Into the Spencer Sisters — and Nicky Hilton! — During Busy Night Out
The royal, who is currently expecting her second child with husband Edoardo Mapelli Mozzi, had back-to-back events on the ...
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Hilton Riyadh Olaya unveils the luxurious eforea Spa & Health Club
Riyadh, Saudi Arabia – Nestled in the dynamic heart of Riyadh, Hilton Riyadh Olaya is excited to announce the opening of ...
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Paris Hilton Set to Shine: Headlining the Hollywood Palladium in an Epic Return!
Paris Hilton announces her headline concert at the Hollywood Palladium on October 24, 2024, following the success of her electrifying new album, INFINITE ICON!