• Hilton Worldwide exceeded Wall Street's Q4 profit estimates, driven by strong business travel demand, boosting shares 5% in morning trading. Bookings for corporate meetings, conventions, and social events remained strong, leading to higher rates. Business transient revenue per available room (RevPAR) rose over 3%, with big tech and big banks leading the recovery. Despite a post-pandemic slowdown, leisure travel remained stronger than expected, supporting overall growth. Hilton continues expanding, recently launching its Spark brand in India and planning to quadruple its hotel rooms there within five years.

• The company reported an adjusted Q4 profit of $1.76 per share, surpassing the $1.68 estimate, with total revenue reaching $2.78 billion, slightly above projections. RevPAR grew 2.9% in the U.S. and 1.7% in Asia-Pacific, signaling recovery after a previous decline. Hilton's development pipeline expanded 8% to nearly 500,000 rooms, and it expects 6%-7% net unit growth in 2025. However, its 2025 net income forecast of $1.829B-$1.858B fell short of analysts' $1.896B expectation, tempering the otherwise strong earnings report.