July 24, 2019 / 10:10 AM / 2 months ago

Hilton quarterly profit rises 20%

July 24 (Reuters) - Hotel operator Hilton Worldwide Holdings Inc reported an about 20% rise in quarterly profit on Wednesday, driven by an increase in room rates and occupancy.

Hilton’s net income attributable to stockholders rose to $260 million, or 89 cents per share, in the quarter ended June 30, from $217 million, or 71 cents per share, a year earlier.

Revenue rose 8.4% to $2.48 billion. (Reporting by Ashwini Raj and Ankit Ajmera in Bengaluru; Editing by Shailesh Kuber)

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