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When it comes to gauging the health of the consumer economy, multinational hospitality stalwart Hilton (HLT) represents a viable candidate. It’s a luxury hotel geared toward higher-income consumers along with business travelers. While that’s admittedly a narrow demographic, the strong performance of HLT stock suggests that many individuals and entities are still opening their wallets for premium-level services. Let’s face it – Hilton under certain contexts is similar to exclusive Swiss watch brands. At the heart of it, there’s no practical reason to spend an exponential amount of money for an …

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