Monday 10 Aug, 2026

Hotel chain Hilton turns to profit

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The American hotel chain Hilton is seeing a clear recovery along with increased travel. For the third quarter, the company reports a net profit of 241 million dollars, equivalent to just over two billion Swedish kronor, compared to a loss of 79 million dollars for the same period last year.

Revenues also rose 87.5 percent to $1.75 billion. However, the company sees challenges in the form of labour shortages in the USA as well as continued restrictions in Asia, notably in China.

Source: TT

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