1020 ET - Hilton Worldwide says business travel is gaining momentum, with Chief Executive Christopher Nassetta pointing to continued strength in manufacturing, technology and workforce lodging in the 3Q. Nassetta expects business travel to remain a bright spot in 4Q, especially in the U.S., where supportive policy, increased private sector investment--including in AI--and ongoing public infrastructure spending are supporting demand, he says during a call with analysts. Nassetta says the strength is coming from both large corporations and small- and medium-sized businesses.
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