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Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its second quarter 2020 results. The following results reflect the material impact that the novel coronavirus ("COVID-19") pandemic had on Hilton's business. Highlights include:
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Permanent initiatives to accelerate rebound €200M RECURRING COST SAVING PLAN LAUNCHEDREVENUE DOWN 52.4% TO €917 MILLION (-48.8% LFL) H1 EBITDA NEGATIVE AT (€227) MILLIONNEGATIVE RECURRING FREE CASH FLOW OF (€473) MILLION NET LOSS, GROUP SHARE O... |
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Adapting Operations to COVID-19 Pandemic Environment; Greater China Continues to Lead Recovery Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported second-quarter 2020 financial results. Net loss attributable to Hyatt was $236 million, or $2.33 per diluted share, in the ... |
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