Hilton Q2 2020 Earnings Report
Key Takeaways
Hilton's second quarter results were significantly impacted by the COVID-19 pandemic, with a net loss of $432 million and an 81.0 percent decrease in system-wide comparable RevPAR. However, as restrictions lifted and properties reopened, the company saw improved occupancy, particularly in the U.S. and Asia Pacific regions.
Diluted EPS was $(1.55) for the second quarter, and diluted EPS, adjusted for special items, was $(0.61).
Net loss was $432 million for the second quarter.
Adjusted EBITDA was $51 million for the second quarter.
System-wide comparable RevPAR decreased 81.0 percent on a currency neutral basis for the second quarter from the same period in 2019.
Hilton
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Hilton Revenue by Segment
Forward Guidance
No specific forward guidance provided.
Revenue & Expenses
Visualization of income flow from segment revenue to net income