Hilton (HLT) Tops on Q4 Earnings & Revenues, Unveils '24 Outlook
HLTHilton(HLT) Zacks Investment Research·2024-02-08 00:36

Hilton Worldwide Holdings Inc. (HLT) reported impressive fourth-quarter 2023 results, wherein earnings and total revenues topped the Zacks Consensus Estimate and increased on a year-over-year basis. The company’s quarterly results notably benefited from solid improvement in revenue per available room (RevPAR) on the back of increased occupancy rates and average daily rate (ADR). Furthermore, during the quarter, HLT witnessed a record number of openings, which encouraged the uptrend to a great extent. The co ...