Hilton's Q3 Earnings & Revenues Surpass Estimates, Stock Down
Hilton(HLT) ZACKS·2024-10-23 23:31
Hilton Worldwide Holdings Inc. (HLT) reported third-quarter 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. Both the metrics increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company's performance was backed by notable improvements in revenue per available room (RevPAR), attributed to higher occupancy rates and average daily rates (ADR).Following the results, the hospitality company’s shares decreased 5% in the pre ...