Hilton stock dips after DHS accuses hotel chain of denying service to ICE agents

Core Viewpoint - Hilton faced backlash from the Trump administration for allegedly canceling reservations made by ICE agents, leading to a 2% drop in stock price, although shares recovered slightly the following day [1][5]. Group 1: Incident Overview - The Department of Homeland Security (DHS) accused Hilton of denying service to ICE agents in Minnesota, where they were investigating fraud claims within the Somali immigrant community [2][9]. - DHS claimed Hilton executed a "coordinated campaign" to refuse service to law enforcement, with specific allegations that reservations were maliciously canceled when officers attempted to book rooms [3][4]. Group 2: Company Response - A Hilton representative stated that the hotel in question was independently owned and operated, asserting that the actions taken were not reflective of Hilton's values [7][10]. - Hilton has apologized for the actions of the team involved and is taking steps to accommodate affected guests, emphasizing that their properties are open to everyone and do not tolerate discrimination [10][13]. Group 3: Historical Context - In September 2020, Hilton publicly opposed using its hotels for detaining migrants, reinforcing its stance against any association with such activities [15][16].