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Stock impact report

Timeline on hotel, conference center updated [Yahoo! Finance]

Hilton Worldwide Holdings Inc. (HLT) 
Last hilton worldwide holdings inc. earnings: 2/11 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.hilton.com
Company Research Source: Yahoo! Finance
The public-private development is now slated for a summer groundbreaking and a summer 2026 opening, city and Greater Kokomo Economic Development Alliance officials announced Thursday morning. The development includes a three-floor 55,000-square-feet conference center and an adjoining five-story, 108-room Hilton Garden Inn hotel developed by Lafayette-based SSG Hotels to be built in downtown Kokomo. It will be located between Main and Union streets and bordered by Superior Street to the north and Wildcat Creek to the south. Combined, the project will cost approximately $49 million, with the conference center pegged at costing no more than $27.5 million and the hotel around $24.5 million. The final cost could change as designs and construction bids have yet to be finalized. The cost is about double the price from when the project was originally publicly announced in the summer of 2018. Increased construction costs and inflation since then are to blame for the increase, officials Show less Read more
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