Business travel will fully recover ‘by the end of the year,’ Hilton CFO says

Hilton Worldwide (HLT) is seeing tailwinds going into the summer as consumers spend more on leisure travel amid a waning pandemic.

“We think this summer is going to be— after setting records in our business for travel demand and revenue last summer, we think this summer is going to be another sort of all-time record,” Hilton Worldwide CFO Kevin Jacobs told Yahoo Finance Live.

Signage is seen on a Hilton hotel as travel picks up in Manhattan, New York City, U.S., March 23, 2022. REUTERS/Andrew Kelly

Signage is seen on a Hilton hotel as travel picks up in Manhattan, New York City, U.S., March 23, 2022. REUTERS/Andrew Kelly

“We feel really good about the growing demand for travel across all of our