Hilton to cut 2,100 corporate jobs

Hilton says it is cutting 2,100 corporate jobs as it faces the worst crisis in the hotel chain's 101-year history.

In a statement, the company says it is a time of unprecedented challenges for the travel and tourism industry.

Analytics company STR reports between late March and early April that only about 21% of hotel rooms in the U.S. were occupied.

Data shows occupancy rates have improved since then, but still show a sharp decline for the year.

In response, Hilton worldwide holdings said it's also extending previously announced furloughs and reduced work hours.