Hilton Worldwide Holdings Inc (HLT.N)
23 Feb 2018
Feb 14 Hotel operator Hilton Worldwide Holdings Inc reported fourth-quarter profit and revenue above Wall Street estimates, powered by rising demand for rooms in China as travel picks up pace in the world's second largest economy.
BRIEF-Hilton Says In Asia Pacific, RevPAR Rose 7.6 Pct In Qtr Led By China Where RevPAR Grew 9 Pct Helped By Ramping Hotels
* HILTON WORLDWIDE SAYS IN THE ASIA PACIFIC REGION, REVPAR INCREASED 7.6% IN QUARTER, LED BY CHINA WHERE REVPAR GREW 9% HELPED BY RAMPING HOTELS - CONF CALL
Hilton Worldwide Holdings Inc reported quarterly profit and revenue that beat analysts' estimates on Wednesday, as Asia Pacific led stronger growth in its operations outside the United States.
Feb 14 Hotel operator Hilton Worldwide Holdings Inc reported a 24 percent rise in quarterly revenue on Wednesday, as more people booked its rooms at higher prices.
* HILTON EXCEEDS FOURTH QUARTER AND FULL YEAR EXPECTATIONS; PROVIDES 2018 OUTLOOK
HONG KONG (Reuters Breakingviews) - HNA Group could be preparing for a great escape. Selling half of a marquee Hong Kong project for $2 billion will raise useful cash amid a liquidity crisis. Plenty of other foreign property and shareholdings could be sold too without disrupting the Chinese outfit’s core businesses.
BEIJING China's HNA Group told creditors it would seek to sell about 100 billion yuan ($16 billion) of assets during the first half of the year, Bloomberg reported on Wednesday, citing people familiar with the matter.
* Earlier told creditors it faced 15 bln yuan shortfall in 1Q
BEIJING, Dec 14 Former German Vice Chancellor Philipp Roesler has been appointed to the top job at HNA Group's New York-based foundation, a move intended to provide stability and legitimacy for the Chinese conglomerate's charitable efforts in the United States.
NEW YORK Hilton Worldwide Holdings Inc would use the windfall from a lower U.S. corporate tax rate to finance share buybacks from investors, company executives said, highlighting how corporate savings would be spent under the Republican tax plan.
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