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Hilton Stock Slides After Q2 Results On Soft Guidance - Details Here

Hilton Worldwide Holdings Inc. (NYSE:HLT) shares are trading lower on Wednesday. The company reported second-quarter adjusted earnings per share of $1.91, beating the analyst consensus of $1.86. Quarterly revenues of $2.951 billion outpaced the street view of $2.932 billion. In the second quarter of 2024, Hilton Worldwide reported a 3.5% increase in system-wide comparable RevPAR on a currency-neutral basis compared to the same period in 2023. The company said it approved 62,700 new rooms for development, expanding its pipeline to 508,300 rooms as of June 30, a 15% growth ...