• Hilton raises outlook

Hilton Worldwide said that it expected a full-year profit of 64 to 67 cents per share, up from its earlier forecast of 57 to 61 cents.

The forecast was made after the company reported first quarter revenue up 4% to USD2.36bn. Revpar was up by 6.6% with net income rising to USD123m from USD34m a year earlier.

Read the full story here: http://ir.hiltonworldwide.com/investors/default.aspx

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