Hilton Worldwide Reports Strong Profits, Room Growth for 2014


Skift Take

Hotels are ambitiously opening new rooms, entering new markets, and increasing rates in order to take advantage of growing outbound travel, however, their growth should be tempered by memories of what too much supply and too little demand felt like during the downturn.

Hilton Worldwide reported today full-year 2014 earnings that beat revenue projections but fell short on earnings per share. Adjusted earnings per share increased 30 percent to $0.69 for the full year, the company said in a statement Wednesday. Revenue per available room,