Hilton's CEO says he sees a C-shaped economy emerging in the US

Hilton's CEO says he sees the K-shaped economy converging.

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• Hilton's CEO says he sees the K-shaped economy converging into a C-shape.
• He said macro trends are boosting spending from lower-income consumers.
• However, other company executives have said that the economy is more divided than ever.

Hilton's CEO said America's K-shaped economy is converging as lower-income consumers are spending more.

During a Tuesday earnings call...