(Updates)
** Shares of hotel operator Hilton Worldwide up 5.8% at $208.50 after co lifts 2024 profit forecast
** Stock set for the biggest intraday pct. gain in nearly two years if gains hold
** HLT forecasts annual adj. profit between $6.89-$7.03/shr up from $6.8-$6.94/shr
** Analysts expect $7.11/shr, per LSEG data
** Co raised forecasts, banking on international travel demand to offset normalizing domestic travel in the U.S.
** HLT reports revenue per available room, a hotel's top-line performance metric, rose 2% year-on-year to $104.16 in Q1
** Co's Q1 results beat estimates
** Co expects net unit growth or room additions to be between 6%-6.5% in 2024
** HLT's stock rose 14.2% YTD
(Reporting by Pranav Kashyap in Bengaluru)
((Pranav.Kashyap@thomsonreuters.com;))
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