Hilton Q1 2021 Earnings Report
Key Takeaways
Hilton's first quarter 2021 results reflect the material impact of the COVID-19 pandemic. While January and February were weighed down by rising cases and travel restrictions, March and April saw meaningful improvement. The company opened 105 new hotels, adding 16,500 rooms to its system, and achieved net unit growth of 13,100 rooms.
Diluted EPS was $(0.39) for the first quarter, and diluted EPS, adjusted for special items, was $0.02.
Net loss was $109 million for the first quarter.
Adjusted EBITDA was $198 million for the first quarter.
System-wide comparable RevPAR decreased 38.4 percent on a currency neutral basis for the first quarter from the same period in 2020.
Hilton
Hilton
Hilton Revenue by Segment
Forward Guidance
The press release contains forward-looking statements regarding the impact of the COVID-19 pandemic, the performance of Hilton's business, financial results, liquidity and capital resources.
Revenue & Expenses
Visualization of income flow from segment revenue to net income