• Hilton pays down debt

Hilton reported revpar up 8.4% in the third quarter, but profits were down due to higher expenses. The company paid down USD250m of debt with another tranche of USD100m paid in October.
The company opened more than 12,000 rooms and added 20,000 more to its pipeline. It expects full year revpar to be in the range 5-7%.
Read the full story here:

Share →