More on Hilton Worldwide's Q2

|About: Hilton Worldwide Holdings (HLT)|By:, SA News Editor

Hilton Worldwide (NYSE:HLT) announces system-wide revenue per available room rose 7.3% in Q2.

Management and franchise fees were up 14% to $371M during the quarter, while timeshare revenue improved 6% to $276M.

The company expects REVPAR to gain 5.5% to 7.0% for the full year and EPS to come in at $0.67-$0.70 vs. $0.66 consensus.

HLT +1.0% premarket