A month has gone by since the last earnings report for Hilton Worldwide Holdings Inc. (HLT) . Shares have added about 5.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Hilton Worldwide Holdings Inc. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Hilton Tops on Q ...

Hilton and NABNI Developments partner to heighten prestigious luxury brand's global presenceNEW YORK and MCLEAN, Va., March 6, 2024 /PRNewswire/ -- Hilton (NYSE: HLT) and NABNI Developments, the visionary real estate developer behind the most sought-after residential and commercial properties in Dubai, have announced plans for Waldorf Astoria Residences Dubai Downtown, set for completion in 2028. Located in the most populous city in the United Arab Emirates, Waldorf Astoria Residences Dubai Downtown will he ...

Core Insights - The article discusses the Zacks Premium service, which provides tools and resources for investors to make informed stock market decisions, including daily updates on Zacks Rank and Style Scores [1][4] Zacks Style Scores - The Zacks Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each designed to help investors identify stocks with the best potential for market outperformance [2][3] - Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [2] - Growth Score emphasizes a company's financial health and future growth potential based on earnings and cash flow projections [2] - Momentum Score identifies trends in stock prices and earnings estimates to help investors time their purchases effectively [2] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist investors in building a successful portfolio, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [4] - The combination of Zacks Rank and Style Scores helps investors select stocks with the highest probability of success [5] Hilton Worldwide Holdings Inc. (HLT) - Hilton Worldwide Holdings, a hospitality company, has a development pipeline of nearly 3,274 hotels with approximately 462,400 rooms across 118 countries as of December 31, 2023 [6] - HLT is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of B and a Momentum Style Score of B, indicating potential for growth [6][7] - The Zacks Consensus Estimate for HLT's fiscal 2024 earnings has increased by $0.07 to $7.06 per share, with five analysts revising their estimates upwards in the last 60 days [7]

MILWAUKEE--(BUSINESS WIRE)--Marcus® Hotels & Resorts, a nationally recognized owner and management company and division of The Marcus Corporation (NYSE: MCS), announced today that it, Hempel Real Estate, and Robinson Park have closed on the acquisition of the Loews Minneapolis Hotel. The property will be managed by Marcus Hotels & Resorts, effective today, and will be rebranded immediately as The Lofton Hotel under the Tapestry Collection by Hilton flag, making it the first Tapestry Collection hotel in Minn ...

   GATLINBURG, Tenn. and MCLEAN, Va., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Hospitality Solutions, a prominent Gatlinburg-based hotel development and management company, and Hilton (NYSE:HLT), will welcome guests to Embassy Suites by Hilton Gatlinburg Resort, a new, highly-anticipated resort located in Gatlinburg, on March 15. The new Embassy Suites by Hilton Gatlinburg Resort sits at the base of the Great Smoky Mountains and will serve as a welcome retreat for travelers to the country's most-visited national p ...

Two consumer discretionary companies with a dominant presence in regards to hotel operations are of course Marriott International (MAR)  and Hilton Worldwide (HLT) . Now may be a good time to see if investing in these hotel giants in 2024 is ideal with both reporting their Q4 results for fiscal 2023 within the last week.Let’s take a look at Marriott and Hilton’s quarterly reviews along with their growth projections to see if it’s time to buy.Marriott Q4 Review Reporting its Q4 results on Tuesday, Marriott w ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed a ...

Investment Thesis - Hilton Worldwide Holdings is viewed as a long-term buy due to continued RevPAR growth despite concerns over slowing demand and potential for further revenue growth through hotel expansion [1] - The stock price has risen to $192.47, but there are concerns following a recent earnings miss [1] Performance Overview - Q4 2023 total revenues increased by 6.7% year-over-year, while operating income decreased from $504 million to $400 million due to a nearly 14% rise in total expenses [2] - Total revenues for Q4 2023 were $2.609 billion compared to $2.444 billion in Q4 2022, with significant contributions from franchise and licensing fees, management fees, and owned hotels [3] Revenue and Expenses Breakdown - Franchise and licensing fees rose to $601 million in Q4 2023 from $537 million in Q4 2022, while total expenses increased to $2.209 billion from $1.940 billion [3] - Operating income for the year ended December 31, 2023, was $2.225 billion, up from $2.094 billion in 2022 [3] RevPAR and Room Growth - RevPAR for Hilton Hotels & Resorts increased by 8% year-over-year, with an average daily rate (ADR) of $187.14 in Q4 2023 [4][7] - Room growth was noted, with Hilton Hotels & Resorts reaching 226,015 rooms, up from 224,370 in the previous year [6] Financial Health - The net debt to adjusted EBITDA ratio improved to 2.7x from 2.9x year-over-year, indicating a positive trend in financial health despite an increase in net debt [8][14] - Adjusted EBITDA for Q4 2023 was $3.089 billion, an 18% increase from the prior year quarter [15] Future Outlook - Hilton forecasts adjusted profit for 2024 to be between $6.80 and $6.94 per share, a decrease from previous expectations of $7.07, but still a significant increase from $4.33 in 2023 [14] - System-wide RevPAR is expected to rise by 2% to 4% in 2024, down from 12.6% growth in 2023 [15] Market Position and Strategy - The company continues to expand its hotel portfolio, including the opening of its 150th Curio Collection by Hilton and its 600th hotel in China, which supports overall revenue growth [20] - Despite potential normalization of RevPAR growth, the ongoing hotel openings and brand expansion are expected to bolster revenue [20] Conclusion - Hilton Worldwide Holdings has shown growth in RevPAR but faces rising costs and concerns over future growth moderation [21] - The company is positioned for long-term growth due to strategic hotel expansion, although short to medium-term consolidation may occur due to slower RevPAR growth expectations [21]

Hilton Worldwide Holdings Inc. (NYSE:HLT) Q4 2023 Results Conference Call February 7, 2024 9:00 AM ET Company Participants Jill Chapman - Senior Vice President, Investor Relations and Corporate Development Chris Nassetta - President and Chief Executive Officer Kevin Jacobs - Chief Financial Officer and President of Global Development Conference Call Participants Joe Greff - JP Morgan Carlo Santarelli - Deutsche Bank Shaun Kelley - Bank of America David Katz - Jefferies Smedes Rose - Citi Brandt Montour - Ba ...

Hilton Worldwide Holdings Inc. (HLT) reported impressive fourth-quarter 2023 results, wherein earnings and total revenues topped the Zacks Consensus Estimate and increased on a year-over-year basis. The company's quarterly results notably benefited from solid improvement in revenue per available room (RevPAR) on the back of increased occupancy rates and average daily rate (ADR). Furthermore, during the quarter, HLT witnessed a record number of openings, which encouraged the uptrend to a great extent. The co ...