For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed alongside ...

MILWAUKEE--(BUSINESS WIRE)--Marcus® Hotels & Resorts, a nationally recognized owner and management company and division of The Marcus Corporation (NYSE: MCS), announced today that it, Hempel Real Estate, and Robinson Park have closed on the acquisition of the Loews Minneapolis Hotel. The property will be managed by Marcus Hotels & Resorts, effective today, and will be rebranded immediately as The Lofton Hotel under the Tapestry Collection by Hilton flag, making it the first Tapestry Collection hotel in Minn ...

   GATLINBURG, Tenn. and MCLEAN, Va., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Hospitality Solutions, a prominent Gatlinburg-based hotel development and management company, and Hilton (NYSE:HLT), will welcome guests to Embassy Suites by Hilton Gatlinburg Resort, a new, highly-anticipated resort located in Gatlinburg, on March 15. The new Embassy Suites by Hilton Gatlinburg Resort sits at the base of the Great Smoky Mountains and will serve as a welcome retreat for travelers to the country's most-visited national p ...

Two consumer discretionary companies with a dominant presence in regards to hotel operations are of course Marriott International (MAR)  and Hilton Worldwide (HLT) . Now may be a good time to see if investing in these hotel giants in 2024 is ideal with both reporting their Q4 results for fiscal 2023 within the last week.Let’s take a look at Marriott and Hilton’s quarterly reviews along with their growth projections to see if it’s time to buy.Marriott Q4 Review Reporting its Q4 results on Tuesday, Marriott w ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed a ...

Bombaert/iStock Editorial via Getty ImagesInvestment Thesis: I continue to see Hilton Worldwide Holdings (NYSE:HLT) as a long-term buy given continued RevPAR growth in spite of concerns over slowing demand, as well as the potential for further revenue growth through continued hotel expansion. In my previous article back in October 2023, I made the argument that Hilton Worldwide Holdings has the potential for further upside given continued growth in EBITDA and a reduction in the net debt to EBITDA ratio. ...

Hilton Worldwide Holdings Inc. (NYSE:HLT) Q4 2023 Results Conference Call February 7, 2024 9:00 AM ET Company Participants Jill Chapman - Senior Vice President, Investor Relations and Corporate Development Chris Nassetta - President and Chief Executive Officer Kevin Jacobs - Chief Financial Officer and President of Global Development Conference Call Participants Joe Greff - JP Morgan Carlo Santarelli - Deutsche Bank Shaun Kelley - Bank of America David Katz - Jefferies Smedes Rose - Citi Brandt Montour - Ba ...

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 ...

For the quarter ended December 2023, Hilton Worldwide Holdings Inc. (HLT) reported revenue of $2.61 billion, up 6.8% over the same period last year. EPS came in at $1.68, compared to $1.59 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.57 billion, representing a surprise of +1.52%. The company delivered an EPS surprise of +7.69%, with the consensus EPS estimate being $1.56.While investors closely watch year-over-year changes in headline numbers -- revenue and ear ...

Hilton Worldwide Holdings Inc. (HLT) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.56 per share. This compares to earnings of $1.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.69%. A quarter ago, it was expected that this company would post earnings of $1.67 per share when it actually produced earnings of $1.67, delivering no surprise.Over the last four quarters, the comp ...