Loading...
•
Jun 30, 2024
Hilton Q2 2024 Earnings Report
Reported solid second quarter results with RevPAR increase and record development pipeline.
Key Takeaways
Hilton reported a solid second quarter with a 3.5% increase in RevPAR and a record development pipeline, up 15% from the prior year. Diluted EPS was $1.67, adjusted for special items, was $1.91. Net income was $422 million, and Adjusted EBITDA was $917 million.
Diluted EPS was $1.67 for the second quarter, and diluted EPS, adjusted for special items, was $1.91.
Net income was $422 million for the second quarter.
Adjusted EBITDA was $917 million for the second quarter.
System-wide comparable RevPAR increased 3.5 percent, on a currency neutral basis, for the second quarter compared to the same period in 2023.
Hilton
Hilton
Hilton Revenue by Segment
Revenue by Segment
Franchise & licensing fees Revenue
CapyFin.comBase & other mgmt fees Revenue
CapyFin.comIncentive mgmt fees Revenue
CapyFin.comOwnership Revenue
CapyFin.comOther revenues Revenue
CapyFin.com Forward Guidance
Full year 2024 system-wide RevPAR is projected to increase between 2.0 percent and 3.0 percent on a comparable and currency neutral basis compared to 2023; full year net income is projected to be between $1,532 million and $1,555 million; full year Adjusted EBITDA is projected to be between $3,375 million and $3,405 million
Positive Outlook
- System-wide comparable RevPAR, on a currency neutral basis, is projected to increase between 2.0 percent and 3.0 percent compared to 2023.
- Diluted EPS is projected to be between $6.06 and $6.15.
- Diluted EPS, adjusted for special items, is projected to be between $6.93 and $7.03.
- Net income is projected to be between $1,532 million and $1,555 million.
- Adjusted EBITDA is projected to be between $3,375 million and $3,405 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income