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Hilton raises full-year profit forecast on strong travel demand

2023-07-26 18:20
Hilton Worldwide Holdings Inc raised full-year adjusted profit forecast on Wednesday, as the U.S. hotel operator expects pent-up
Hilton raises full-year profit forecast on strong travel demand

Hilton Worldwide Holdings Inc raised full-year adjusted profit forecast on Wednesday, as the U.S. hotel operator expects pent-up travel demand to bolster its earnings.

The company said it expects full-year adjusted profit of $5.93 and $6.06 per share, compared with its prior forecast of $5.68 and $5.88 per share.

(Reporting by Priyamvada C in Bengaluru; Editing by Krishna Chandra Eluri)