The Latest Breaking News from HLT

Hilton Hotels Corp (NYSE:HLT) has expanded its partnership with pet care company Mars Petcare to support travelers and their pets. Hilton and Mars Petcare will offer access to virtual support from the Mars Pet Expert Team (PET) to travelers during their stay through Mars PET On-Demand online service. The expert team from Mars PET On-Demand…

If history is any guide, there may be trouble ahead for shares of Hilton Worldwide Holdings (NYSE:HLT). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Hilton Worldwide Holdings (NYSE:HLT) has outperformed the market over the past 5 years by 4.86% on an annualized basis producing an average annual return of 15.74%. Currently, Hilton Worldwide Holdings has a market capitalization of $38.00 billion.

In this article I will analyze and compare Marriott and Hilton to determine which hotel stock is currently a better investment.

According to Benzinga Pro, during Q1, Hilton Worldwide Holdings (NYSE:HLT) earned $211.00 million, a 42.57% increase from the preceding quarter. Hilton Worldwide Holdings's sales decreased to $1.72 billion, a 6.26% change since Q4.

  Hilton Worldwide Holdings (NYSE:HLT) reported its Q1 earnings results on Tuesday, May 3, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

Hilton Hotels Corp (NYSE:HLT) reported first-quarter FY22 sales growth of 96.9% year-on-year to $1.72 billion, missing the consensus of $1.76 billion. Franchise and licensing fees revenue rose 70.7% Y/Y, and the Owned and leased hotels revenue increased 167.8%. The occupancy rate for the quarter was 61.8% in the U.S., 47.9% in Europe, and…

Within the last quarter, Hilton Worldwide Holdings (NYSE:HLT) has observed the following analyst ratings:

Marriott International Inc (NASDAQ:MAR) has decided to close its Moscow corporate office and pause the opening of upcoming hotels in Russia, effective immediately. The hotel chain also halts all future hotel development and investment in Russia. Marriott has joined its counterparts, including Hilton Worldwide Holdings Inc (NYSE:HLT) and Hyatt Hotels Corp(NYSE:H), who announced similar moves on…

Homewood Suites by Hilton, part of Hilton Hotels Corp's (NYSE:HLT) All Suites portfolio, stated that Baywood Hotels has acquired Homewood Suites by Hilton Reading in Pennsylvania. Financial terms not disclosed. The hotel has 119 suites, offering a combination of studio, one- and two-bedroom accommodations, featuring fully-equipped kitchens and separate living and sleeping areas. The property…

The global hotel economy is expected to remain under pressure in the near term amid declining consumer confidence and worsening geopolitical tensions. So, it could be wise to avoid overvalued hotel stocks Marriott International (MAR), Hilton Worldwide (HLT), and Hyatt Hotels (H) this month.