<p>Hilton Worldwide Holdings Inc reported a quarterly loss on Wednesday, compared to a year-ago profit, as the Covid-19 pandemic disrupted global travel.</p>.<p>The company's comparable RevPAR - a key performance measure for the hotel industry - fell 59.9 per cent for the quarter.</p>.<p>Hilton's results come at a time when air travel remains challenged due to rising coronavirus cases in Europe and the United States.</p>.<p>The US hotel operator posted system-wide occupancy of 42.5 per cent in the third quarter, compared with 79.1 per cent a year ago.</p>.<p>Net loss attributable to stockholders was $79 million, or 28 cents per share, in the quarter ended Sept. 30, compared with a net income of $288 million, or $1.00 per share, a year earlier.</p>.<p>Revenue fell to $933 million from $2.40 billion.</p>.<p>On an adjusted basis, Hilton earned $0.06 per share.</p>
<p>Hilton Worldwide Holdings Inc reported a quarterly loss on Wednesday, compared to a year-ago profit, as the Covid-19 pandemic disrupted global travel.</p>.<p>The company's comparable RevPAR - a key performance measure for the hotel industry - fell 59.9 per cent for the quarter.</p>.<p>Hilton's results come at a time when air travel remains challenged due to rising coronavirus cases in Europe and the United States.</p>.<p>The US hotel operator posted system-wide occupancy of 42.5 per cent in the third quarter, compared with 79.1 per cent a year ago.</p>.<p>Net loss attributable to stockholders was $79 million, or 28 cents per share, in the quarter ended Sept. 30, compared with a net income of $288 million, or $1.00 per share, a year earlier.</p>.<p>Revenue fell to $933 million from $2.40 billion.</p>.<p>On an adjusted basis, Hilton earned $0.06 per share.</p>