Hilton president and CEO Chris Nassetta and Wynn Resorts CEO Matt Maddox discuss the importance of reopening their businesses in a safe and responsible way.
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here.
Continue Reading Below
Hilton Worldwide Holdings Inc. turned a profit in the first three months of the year, with the COVID-19 pandemic not significantly hurting its business until March.
The McLean, Virginia-based hotel operator's first-quarter profit fell 89 percent from a year ago to $18 million, or 6 cents per share. Adjusted earnings were 74 cents a share on revenue of $1.92 billion, outstripping estimates of 55 cents and $1.91 billion, respectively, from analysts surveyed by Refinitiv.
MARRIOTT CEO SAYS CORONAVIRUS WORSE THAN 9/11 FOR HOTEL INDUSTRY
“We are currently experiencing unprecedented times as a result of the COVID-19 pandemic, and our No. 1 priority remains protecting the safety and security of our guests, team members and owners,” CEO Christopher Nassetta said in a statement. “We have also taken precautionary measures to protect our business, including securing our liquidity position.”
This story is developing. Check back for updates.
"hilton" - Google News
May 07, 2020 at 05:21PM
https://ift.tt/3fwTxsy
Hilton scrapes out profit in early phase of coronavirus - Fox Business
"hilton" - Google News
https://ift.tt/2GeMJPQ
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "Hilton scrapes out profit in early phase of coronavirus - Fox Business"
Post a Comment