Hilton posts profit as travel demand rebounds

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(Reuters) -Hilton Worldwide Holdings Inc reported a quarterly profit on Tuesday, compared with a year-earlier loss, following a rebound in travel demand after a surge in COVID-19 cases early in the year due to the Omicron variant.

The company posted net income attributable to Hilton stockholders of $212 million, or 75 cents per share, for the quarter ended March 31, compared with a loss of $108 million, or 39 cents per share, a year earlier.