Hilton revenue rises 10.6 percent

Image
Reuters
Last Updated : Feb 13 2019 | 4:55 PM IST

(Reuters) - Hotel operator Hilton Worldwide Holdings Inc reported a 10.6 percent rise in quarterly revenue on Wednesday, as healthy travel demand helped it boost room prices.

Hilton posted net income attributable to stockholders of $224 million, or $0.75 per share, in the fourth quarter ended Dec. 31, compared with $729 million, or $2.27 per share, a year earlier, when it had a $549 million benefit for changes in U.S. tax law.

Revenue rose to $2.29 billion from $2.07 billion.

(Reporting by Rama Venkat in Bengaluru; Editing by Maju Samuel)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Feb 13 2019 | 4:40 PM IST

Next Story