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Stock impact report

106-year-old hotel chain faces multiple closures nationwide [Yahoo! Finance]

Hilton Worldwide Holdings Inc. (HLT) 
Last hilton worldwide holdings inc. earnings: 2/11 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.hilton.com
Company Research Source: Yahoo! Finance
However, various global economic disruptions and mounting challenges across the hospitality industry have begun to strain even the most established brands. In recent months, one well-known hotel chain has faced a growing wave of closures. The U.S. hotel market was valued at $263.21 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 7.1% through 2030, according to Grand View Research's latest report . While long-term growth prospects remain positive, the industry has endured significant setbacks. The 43-day U.S. government shutdown triggered thousands of flight delays and cancellations worldwide, resulting in $6.1 billion in losses across travel-related sectors, according to the U.S. Travel Association Those disruptions rippled through hotels nationwide, but even so, those losses are nothing compared to the devastation caused by the Covid pandemic. By mid-February 2020, the hotel industry had already lost more than $46 billion in room revenue, wi Show less Read more
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