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0.00015078407720131 0.000199819059107272 0.00037696019300349 0.000904704463208719 -0.000753920386007195 -0.000753920386007195 -0.000753920386007195 -0.000753920386007195
Stock impact report

Hilton's CEO says the economy is actually C-shaped to the benefit of the middle class. Most of his competitors disagree [Fortune]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: Fortune
From airlines cutting economy seats to the sudden disappearance of affordable hotel rooms , the hospitality and travel sectors are pivoting to treat the high-spending consumer as the only guest who matters. The sector has been a prominent example of the K-shaped economy narrative, where options for big spenders grow while budget alternatives dry up, as travel executives recognize the wealthy as the primary engine of their businesses' growth. Recommended Video The matter has seemed so settled, that one hospitality boss caused analysts' heads to turn when he said a business case for catering to the middle class still exists. Instead of being K-shaped, the hospitality economy might be curving into a C-shape, according to Christopher Nassetta, CEO of the Hilton hotel chain. During the company's first-quarter earnings call on Tuesday, Nassetta eschewed the industry-standard preoccupation with luxury-driven sales, instead forecasting “improving performance in the lower and mid chain s Show less Read more
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