Hilton Hotels operating income increased 31% in the second quarter to $246m (£139m), on turnover of $1.176b (£669m).

The company added 37 properties and 4,689 rooms to its portfolio in the quarter, making its development pipeline its largest ever.

Hilton sold 11 properties for a combined £237m (£419m) between May and July, which it made £191m ($337m) from.

It also announced plans to sell eight more properties this year.

“All three facets of our business – owned hotels, management and franchising and timeshare – are performing very well, taking full advantage of the robust business trends that continue to mark our industry’s recovery," said Stephen Bollenbach, Hilton chief executive. "This has translated into another quarter of strong results.”

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