Hilton’s revenue from food and beverage sales increased by 6 percent in the first quarter from a year earlier. That gain outpaced growth in revenue per available room, which increased by 3.9 percent. “Business confidence has been increasing and is at reasonably high levels,” Nassetta said. “They’re feeling good, and they are definitely both traveling more” individually and in groups. “And they’re spending more.” Hospitality-industry analysts have anticipated stronger demand for business travel following a U.S. corporate tax cut signed into law by President Donald Trump in December. Get the full story at Bloomberg Read also "Hilton CEO outlines tiered pricing plan, defends commission cut"