• Hilton makes maiden report

Hilton improved revpar 4.7% and increased earnings per share by 10%, in its first quarterly results just announced. Earnings for the quarter were USD243m, up 12% on the same period in 2012.

The company added 34,000 rooms during 2013, but ejected 11,000, resulting in a net 4% growth. A development pipeline extends to 195,000 rooms, of which more than 100,000 were under construction at the year end.
Read the full story here:

Share →