Hilton raises annual profit outlook on strong travel demand
The hotel operator said its third-quarter revenue per available room rose 6.8% from a year earlier
The U.S. hospitality industry in recent months has benefited from pricier rates and a strong rebound in international travel as consumers take advantage of a strong dollar and flexible work arrangements to plan overseas holidays.
Visa said travel volume outbound from the U.S. to all geographies continued to be strong and inbound travel recovery accelerated through the quarter.
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