Hilton Worldwide Stock News

GARDEN CITY, N.Y., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Hilton Capital Management is proud to announce that the Hilton Small-MidCap Opportunity ETF (SMCO) has reached a significant milestone, surpassing $100 million in assets under management (AUM).

Hilton Worldwide expects to quadruple the number of hotel rooms in its India pipeline in the next five years, the company's APAC chief said, as the hotel operator seeks to close the gap with rivals amid a booming domestic travel market.

MCLEAN, Va.--(BUSINESS WIRE)--The Board of Directors of Hilton Worldwide Holdings Inc. (NYSE: HLT) today authorized the repurchase of an additional $3.5 billion of common stock under the Company's existing stock repurchase program, bringing the total amount currently authorized for future repurchases to approximately $4.8 billion. Hilton may purchase shares in the open market, in privately nego...

Hotel stocks have been initial beneficiaries of the Trump pump. In the days following the U.S. presidential election, many hotel stocks are seeing high single-digit gains as investors move off the sidelines and start to pick winners.

SAN FRANCISCO--(BUSINESS WIRE)-- #CMBS--UNITE HERE, the union of hotel workers throughout the United States and Canada, issues the following advisory to holders of Hilton USA Trust 2016-SFP asset-backed securities: After Park Hotels & Resorts stopped making payments on the loan backing the Hilton USA Trust 2016-SFP commercial mortgage pass-through certificates, a receiver was appointed to manag...

Hilton shares gained 57% over the past year but dropped 2% after Q3 earnings and disappointing guidance. Hilton's Q3 earnings beat EPS estimates but missed revenue expectations, with strong adjusted EBITDA growth and robust margins due to its capital-light franchising model. Despite slower growth in existing business, Hilton's aggressive expansion plans and franchise fee-driven cash flow suppor...

Hilton Worldwide's actual Q3 2024 RevPAR growth was below the company's earlier guidance, and the company lowered its full-year RevPAR expansion outlook. But HLT's long-term prospects are positive, with its substantial pipeline and strong brands. HLT currently trades at a significant premium to peers; a favorable valuation re-rating for the stock is unlikely in the near term considering its dis...

Hilton Worldwide Holdings Inc. (NYSE:HLT ) Q3 2024 Earnings Conference Call October 23, 2024 9:00 AM ET Company Participants Jill Chapman - SVP, IR and Corporate Development Christopher Nassetta - President and CEO Kevin Jacobs - CFO and President, Global Development Conference Call Participants Joe Greff - JPMorgan Shaun Kelley - Bank of America Merrill Lynch Stephen Grambling - Morgan Stanley...