Hilton revenue rises due to higher occupancy, room rates

27/02/2014 - 12:18

(Reuters) - Hilton Worldwide Holdings Inc , the largest U.S. hotel operator by market capitalization, reported a 13 percent rise in revenue due to higher occupancy and room rates at most of its properties.

Revenue rose to $2.64 billion in the quarter ended December 31. Total revenue per available room (RevPAR) rose 4.7 percent.

(Reporting by Sagarika Jaisinghani in Bangalore; Editing by Joyjeet Das)