A survey reveals that over two-thirds of U.S. hotels faced staff shortages in 2024 despite offering record-high wages post-COVID-19. Hilton's stock fell premarket after its 2024 guidance missed estimates due to normalized travel demand. Hilton Worldwide anticipates reduced US leisure travel impacting its 2024 profit, as its earnings forecast falls short of analyst estimates.
$HLT (-0.8% pre) Hilton’s 2024 Earnings Forecast Falls Short of Analyst Estimates - BBG https://t.co/Ro8IpgGaRD
Hilton Worldwide sees softer US leisure travel hitting 2024 profit https://t.co/u8eo7RVhb4 https://t.co/bLydbamRE8
Hilton reports projections for 2024 that fall short of expectations, as travel demand normalized following the ups and downs since the start of the pandemic https://t.co/uawCRJLuCW
Hilton’s stock slides premarket after 2024 guidance falls short of estimates https://t.co/0RFhttTzrD
More than two-thirds of U.S. hotels have experienced staff shortages in 2024 despite raising wages to an all-time high since the COVID-19 pandemic, an industry survey shows. https://t.co/4ZuxSNtKFo