Hilton Q4 2020 Earnings Report
Key Takeaways
Hilton's Q4 2020 results were impacted by the COVID-19 pandemic, with a net loss of $225 million and a decrease in system-wide comparable RevPAR by 59.2 percent. Despite the challenges, Hilton reached the one million room milestone and achieved net unit growth of more than five percent for the year.
Diluted EPS was $(0.80) for the fourth quarter and $(2.56) for the full year, and diluted EPS, adjusted for special items, was $(0.10) for the fourth quarter and $0.10 for the full year
Net loss was $225 million for the fourth quarter and $720 million for the full year
Adjusted EBITDA was $204 million for the fourth quarter and $842 million for the full year
System-wide comparable RevPAR decreased 59.2 percent and 56.7 percent on a currency neutral basis for the fourth quarter and full year, respectively, from the same periods in 2019
Hilton
Hilton
Forward Guidance
The company expects its industry-leading brands to continue driving new development and conversion opportunities, enabling it to further grow its network and capture a disproportionate share of demand as travel resumes.