Here's Why You Should Retain Hilton (HLT) Stock for Now
Hilton(HLT) ZACKS·2024-08-21 21:25
Hilton Worldwide Holdings Inc. (HLT) is poised to benefit from strong RevPAR performance, lifestyle properties and expansion initiatives. Also, the focus on strategic partnerships and hotel conversions bodes well. However, economic uncertainties are headwinds.Let’s discuss the factors highlighting why investors should retain the stock for the time being.Growth CatalystsStrong RevPAR Performance: In the second-quarter 2024, system-wide RevPAR increased 3.5% year over year. The upside was driven by robust gro ...