Hilton Worldwide Holdings Inc. (“Hilton” or the “Company”) (NYSE: HLT) today reported its first quarter 2017 results. The Company completed the spin-offs of Park Hotels & Resorts Inc. (“Park”) and Hilton Grand Vacations Inc. (“HGV”) on January 3, 2017 (the “spin-offs”). All results herein present the performance of Hilton giving effect to the spinoffs, with the historical financial results of Park and HGV reflected as discontinued operations. Additionally, all share and sharerelated information presented herein have been retroactively adjusted to reflect the 1-for-3 reverse stock split of Hilton’s outstanding common stock that occurred on January 3, 2017 (the “Reverse Stock Split”). Highlights include:
Hilton Reports First Quarter Results, Raises Full Year Outlook
May 2, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance