Hilton Worldwide Holdings Inc. (HLT) is scheduled to report first-quarter 2024 results on Apr 24, before the opening bell. In the last reported quarter, the company registered an earnings surprise of 7.7%.How are Estimates Faring?The Zacks Consensus Estimate for the first-quarter bottom line is pegged at $1.41 per share, indicating an improvement of 13.7% from $1.24 reported in the year-ago quarter.For revenues, the consensus mark is pegged at nearly $2.6 billion, suggesting growth of 11.5% from the prior-y ...

While revenge travel may be a fading concept, consumers still value accruing their vacation hours, potentially boding well for certain travel stocks to buy now.According to a Deloitte report, we may be moving into a new era of travel prioritization. Per Hotel Dive’s summary of the analysis, “The report found that travelers are most likely to splurge on in-destination experiences, lodging location and destination distance.” So, the desire to explore hasn’t diminished. Rather, certain preferences may have shi ...

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Hilton Worldwide Holdings Inc. (HLT) has announced its acquisition of a majority controlling interest in Sydell Group to bolster its luxury lifestyle hotel market presence. This move marks HLT's strategic entry into the flourishing luxury hospitality segment, leveraging Sydell Group's acclaimed NoMad brand. Sydell Group, led by Andrew Zobler, has crafted several successful lifestyle brands, including NoMad, known for its exceptional design and culinary experiences.With Sydell Group overseeing design and bra ...

Hilton Worldwide Holdings Inc. (HLT) unveiled the enhanced Hilton Honors American Express Business Card in collaboration with American Express Company (AXP) . It offers new benefits, including up to $240 annually in statement credits on eligible Hilton purchases.The enhanced card also simplifies the rewards structure, allowing Card Members to earn Hilton Honors Bonus Points wherever they spend. This initiative empowers business owners to utilize their purchases to fund future Hilton stays, backed by America ...

Hilton Worldwide Holdings Inc. (HLT) upper-midscale brand — Hampton by Hilton — recently unveiled a North American prototype and a refreshed global brand identity. The initiative underscores the company’s commitment to solidify its position as a premium brand in the evolving landscape of travel.The new North American prototype focuses on modernizing, improving functionality and cost-effectiveness to enhance the overall guest experience. Updates include maximizing revenue opportunities by increasing the tota ...

Hilton Worldwide Holdings Inc. (HLT) signed a contract with Adventurous Journeys (AJ) Capital Partners to acquire the Graduate Hotels brand for $210 million.This strategic transaction is subject to customary closing conditions, including review and approval, according to Hart-Scott-Rodino, and is expected to close in the second quarter of 2024.Hilton is optimistic about the incorporation of the Graduate Hotels brand into its diversified brand portfolio as it expects this inclusion will provide travelers acc ...

MCLEAN, Va. & NASHVILLE--(BUSINESS WIRE)--Hilton (NYSE: HLT) today announced an agreement with Adventurous Journeys Capital Partners (“AJ Capital”) to acquire the fan-favorite Graduate Hotels® brand, adding a significant growth opportunity for the global hospitality leader in the fast-growing lifestyle hotel market. Hilton will pay $210 million to acquire all rights to the Graduate brand worldwide, enter into franchise agreements for all existing and signed pipeline Graduate Hotels, and become responsibl ...

A month has gone by since the last earnings report for Hilton Worldwide Holdings Inc. (HLT) . Shares have added about 5.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Hilton Worldwide Holdings Inc. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Hilton Tops on Q ...

Hilton and NABNI Developments partner to heighten prestigious luxury brand's global presenceNEW YORK and MCLEAN, Va., March 6, 2024 /PRNewswire/ -- Hilton (NYSE: HLT) and NABNI Developments, the visionary real estate developer behind the most sought-after residential and commercial properties in Dubai, have announced plans for Waldorf Astoria Residences Dubai Downtown, set for completion in 2028. Located in the most populous city in the United Arab Emirates, Waldorf Astoria Residences Dubai Downtown will he ...