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Fly News Breaks for July 19, 2019
HLT
Jul 19, 2019 | 09:46 EDT
As previously reported, Cleveland Research downgraded Hilton to Neutral from Buy, stating that the magnitude of the expected pick-up in RevPAR in the second half of the year is being called into question over the last 30 days. The firm's survey work suggests June ended on a softer note, which has continued into July, and the stock now largely reflects Hilton's outperformance given the industry backdrop for modest RevPAR growth, the firm tells investors.
News For HLT From the Last 2 Days
