Wednesday, October 25, 2023
North America

Hilton’s Stellar Earnings Season

  • Hilton outperforms in US lodging earnings season, with impressive results and a strong development pipeline.
  • Dream Las Vegas project shows signs of revival as financing issues are being resolved.
  • Club Med announces a series of exciting international resort developments and a shift to exclusive 4 and 5-star offerings.

The DJIA fell 105 points, Nasdaq was down 319, the S&P 500 was down 61 points, and the 10 year treasury yield was up .11 to 4.95%. Lodging stocks were lower. About the only good news was that HLT was up $1.10. New lows were set by TNL, VAC, HGV, and VCSA. Hilton kicked off […]