Skift Take
Hilton said its revenue growth won't quite reach forecasted heights this year because demand is softening (not cratering). The news arrived like room service: slightly delayed and not quite what was hoped for.
Hilton Worldwide modestly trimmed its annual room revenue forecast amid signs of cooling domestic travel demand and broader economic pressures affecting consumer spending.
The hotel operator said Wednesday it now expects revenue per available room to grow between 2% and 2.5% this year, down from its August projection of between 2% and 3% and an April projection o