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Hilton (HLT) Up 50% in the Past Year: What's Driving the Stock?
HLTHilton(HLT) zacks.com·2024-05-22 18:16

Shares of Hilton Worldwide Holdings Inc. (HLT) have surged 49.5% in the past year compared with the industry's 32.7% growth. The company has been benefiting from solid leisure demand, group business improvements and digital initiatives. Also, strength in hotel signings and new developments bode well. However, rising interest rates and elevated inflation are a concern.Let us discuss the factors that highlight why investors should retain the stock.Growth CatalystsHilton is benefiting from solid revenue per av ...