Hilton profit jumps 35 pct on higher rates, occupancy

Fri Aug 1, 2014 6:15am EDT

Aug 1 (Reuters) - Hilton Worldwide Holdings Inc raised its earnings forecast for 2014 and reported a 35 percent jump in quarterly profit as increased business travel drove up occupancy and room rates at most of its properties.

Hilton said it expects full-year adjusted profit of 67-70 cents per share this year, up from 64-67 cents.

Net income attributable to shareholders rose to $209 million, or 21 cents per share, in the second quarter ended June 30, from $155 million, or 17 cents per share, a year earlier. (Reporting by Mridhula Raghavan in Bangalore; Editing by Savio D'Souza)

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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