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Forbes Global 2000: The World's Largest Hotel, Restaurant And Leisure Companies


Forbes Global 2000: The World’s Largest Hotel, Restaurant And Leisure Companies
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The onset of the pandemic was an unforeseen catastrophe for the global tourism industry. So, it should come as little surprise that most of the biggest names in the hotel and cruise ship sectors plummeted hundreds of places in 
Forbes’ annual ranking of the world’s largest public companies.  
Marriott fell more than 400 spots in the new Global 2000 list, down to No. 868. Hilton dropped more than 700 spots to No. 1541. Carnival fell from the top 500 last year to No. 1,114 this year. Royal Caribbean, MGM Resorts and Las Vegas Sands didn’t fare any better, plunging on our rankings, which are based on a composite score from equally weighted measures of revenue, profits, assets and market value.  ....

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Travel, Tourism & Hospitality SITE & Hilton enter new strategic partnership


May 2021
Aoife Delaney
Society of Incentive Travel Excellence (SITE), the global voice of the incentive travel industry, recently launched a new strategic partnership with Hilton, a leading global hospitality company with more than 6,500 properties worldwide.
Hilton will play an active role in the SITE community, participating in global events and integrated marketing efforts. The company will also host SITE Classic – slated for September 8 – 11, 2021 at Hotel del Coronado, a Curio Collection by Hilton.
The strategic partnership provides Hilton with the opportunity to engage with SITE members through live and on-line events and various communication platforms, including SITEGlobal.com.
“Hilton is excited to grow our partnership with SITE and continue our mission of listening to and expanding our audiences and offerings in innovative ways to meet the evolving industry landscape,” said Vito Curalli, executive director, international sales &industry r ....

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Hilton Worldwide Holdings, Inc. Q1 adjusted earnings Miss Estimates


Hilton Worldwide Holdings, Inc. Q1 adjusted earnings Miss Estimates
WASHINGTON (dpa-AFX) - Below are the earnings highlights for Hilton Worldwide Holdings, Inc. (HLT):
-Earnings: -$108 million in Q1 vs. $18 million in the same period last year.
-EPS: -$0.39 in Q1 vs. $0.06 in the same period last year.
-Excluding items, Hilton Worldwide Holdings, Inc. reported adjusted earnings of $6 million or $0.02 per share for the period.
-Analysts projected $0.08 per share
-Revenue: $0.87 billion in Q1 vs. $1.92 billion in the same period last year.
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