Hilton’s quarterly profit jumps on strong travel demand By Reuters


© Reuters. FILE PHOTO: Hilton Midtown hotel is seen on 52nd street in New York City, U.S., March 18, 2020. REUTERS/Jeenah Moon/File Photo

(Reuters) – Hilton Worldwide Holdings (NYSE:) Inc reported a 125% rise in quarterly profit on Thursday, aided by strong travel demand and high room rates that boosted results.

The company reported a net income of $333 million, or $1.21 per share, in the quarter through December, compared with $148 million or 52 cents per share a year earlier.

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