Hilton Stock Jumps as Luxury Brands Boost Earnings

Krisztian Bocsi / Bloomberg / Getty Images Affluent travelers are filling rooms at high-end brands such as Waldorf Astoria and Conrad, helping offset weaker demand elsewhere. Key Takeaways Hilton boosted its earnings outlook after posting stronger-than-expected quarterly results. Demand remains strong at higher-end properties such as LXR, Conrad and Waldorf Astoria. Not everyone is scaling back on discretionary spending. Aided by gains in its luxury brands, Hilton Worldwide Holdings (HLT) reported ...