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Strong RevPAR & Unit Expansion Efforts Aid Hilton, Macro Woes Ail [Yahoo! Finance]

Last marriott international - class a earnings: 2/26 04:30 pm
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Also, its focus on strategic partnerships bodes well. However, a macro slowdown in China is a concern. Let's delve deeper. Growth Catalysts The company is gaining from strong demand for leisure travel, along with growth in business transient and group travel. In the fourth quarter of 2024, Hilton's system-wide RevPAR increased 3.5% year over year. This upside was backed by higher occupancy in leisure and a steady recovery in Group and Business Transient. Its Business Transient RevPAR rose more than 3%, supported by demand from large corporates, with big tech and big banks performing well. Leisure Transient RevPAR grew 4%, driven by higher occupancy and rates, with strong momentum throughout December. Booking windows continued to expand and strong demand in conventions and company meetings drove higher rates for the future. Owing to strong trends in leisure occupancy and steady growth in business transient and group segments, Hilton expects favorable trends to continue in 2025.
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- 2/26/25 - Form 8-K
- 2/26/25 - Form 4
- 2/25/25 - Form 4
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