Facing stalling travel plans from consumers, the group’s earnings have been revised downwards 3 times in a row.
According to a report from Barron’s the shares of Hilton Worldwide Holdings Inc. could shoot up by a minimum of 25% if the hotel operator acts on its plans to split three ways.
According to Barron’s report, Hilton could split 3-ways by the end of this year, which could result in increased cash flow and earnings for the group.
Despite the fact its U.S. operations are stagnating, Virginia-based Hilton is opening outlets in overseas markets which make it profitable.
Facing weak travel planes by commuters and struggling with weakening demand, Hilton, the owner of the Waldorf Astoria hotel chain, has cut its full-year forecast for a key revenue measure for the third time in a row.
In the result, its shares have fallen to their lowest four-month low of $21.80. On Friday, they were trading at $22.25.