Company Overview - As of September 30, 2024, Hilton operates 8,301 properties with a total of 1,250,506 rooms across 138 countries, and has 203 million members in its Hilton Honors loyalty program, reflecting a 17% increase from the previous year[64]. - The Americas region accounts for 66% of Hilton's system-wide hotel rooms, with significant operations also in Europe, the Middle East, Africa, and Asia Pacific[66]. - Hilton's development pipeline includes 3,525 hotels with 492,400 rooms, with 1,166 new additions expected, representing a net unit growth of 7.8% from September 30, 2023[69]. - Hilton's comparable hotels, which are those active for at least one full calendar year, number 6,150 as of September 30, 2024, excluding strategic partner hotels[70]. Financial Performance - Net income for the three months ended September 30, 2024, was $344 million, compared to $379 million in 2023[82]. - Adjusted EBITDA for the nine months ended September 30, 2024, was $2,571 million, a 12.5% increase from $2,286 million in 2023[82]. - Revenue per Available Room (RevPAR) increased to $121.40, up 1.4% from the previous year[81]. - Average Daily Rate (ADR) for the same period was $161.18, reflecting a 1.0% increase year-over-year[81]. - Franchise and licensing fees increased by 8.6% to $698 million for the three months ended September 30, 2024, compared to $643 million in 2023[83]. - Revenues from owned and leased hotels decreased by 1.5% to $330 million for the three months ended September 30, 2024[86]. - Other revenues increased to $58 million for the three months ended September 30, 2024, up 28.9% from $45 million in 2023, and to $179 million for the nine months, a 42.1% increase from $126 million[88]. Operating Metrics - System-wide occupancy for the three months ended September 30, 2024, was 75.3%, an increase of 0.3 percentage points compared to 2023[81]. - Comparable owned and leased hotels' RevPAR increased by 6.7% for the three months ended September 30, 2024[87]. - The Americas region, excluding the U.S., saw occupancy increase to 72.7%, up 0.4 percentage points year-over-year[81]. Expenses and Cash Flow - Operating expenses for owned and leased hotels decreased to $288 million for the three months ended September 30, 2024, down 4.3% from $301 million in 2023[89]. - Depreciation and amortization expenses decreased to $37 million for the three months ended September 30, 2024, down 7.5% from $40 million in 2023[92]. - Net cash provided by operating activities decreased by 3.4% to $1,431 million for the nine months ended September 30, 2024, compared to $1,481 million in 2023[109]. - Net cash used in investing activities increased by 61.0% to $(367) million, primarily due to acquisitions of the Graduate brand and a controlling interest in the Sydell Group[109][112]. - Net cash used in financing activities decreased by 84.3% to $(274) million, attributed to a $2.0 billion increase in cash inflows from Senior Notes issuances[109][113]. Debt and Liquidity - Total indebtedness as of September 30, 2024, was approximately $11.3 billion, with no amounts outstanding under the Revolving Credit Facility[114]. - The company has sufficient liquidity and access to debt financing to address the repayment of the May 2025 Senior Notes[115]. - The company expects to meet anticipated liquidity requirements for operating and other expenditures based on current conditions[107]. - The company has continued access to debt markets and expects to obtain financing as required to extend maturities of existing borrowings[106]. Economic Environment - The current economic environment, including high inflation and interest rates, poses challenges to Hilton's growth strategy, potentially delaying openings and new developments[68]. Strategic Initiatives - The company emphasizes the importance of its loyalty program and strategic partnerships in driving customer engagement and revenue growth[64]. - The management and franchise segment generates revenue from management and franchise fees, licensing fees, and hotel management fees, while the ownership segment primarily derives revenue from nightly room sales and food and beverage services[65]. - The management and franchise segment included 820 managed and 7,431 franchised and licensed properties as of September 30, 2024, totaling 1,233,343 rooms[98]. Market Risks - The company continues to hedge against foreign currency exchange rate fluctuations, particularly with the Pound Sterling to the U.S. dollar[112][118]. - The company's exposure to market risk from changes in one-month SOFR and foreign currency exchange rates remains consistent with prior disclosures[117][118].

Hilton Worldwide Holdings Inc. (HLT) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.78%. A quarter ago, it was expected that this company would post earnings of $1.85 per share when it actually produced earnings of $1.91, delivering a surprise of 3.24%.Over the last four quarters, ...

https://files.reportify.cc/m Investor Contact 7930 Jones Branch Drive Jill Chapman McLean, VA 22102 +1 703 883 1000 ir.hilton.com Media Contact Kent Landers +1 703 883 3246 Hilton Reports Third Quarter Results MCLEAN, VA (October 23, 2024) - Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) today reported its third quarter 2024 results. Highlights include: • Diluted EPS was $1.38 for the third quarter, and diluted EPS, adjusted for special items, was $1.92 • Net incom ...

The upcoming report from Hilton Worldwide Holdings Inc. (HLT) is expected to reveal quarterly earnings of $1.85 per share, indicating an increase of 10.8% compared to the year-ago period. Analysts forecast revenues of $2.87 billion, representing an increase of 7.2% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earning ...

Hilton Worldwide Holdings Inc. (HLT) is scheduled to report third-quarter 2024 results on Oct. 23, before the opening bell. In the last reported quarter, the company registered an earnings surprise of 3.2%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.How Are Estimates Faring?The Zacks Consensus Estimate for the third-quarter bottom line is pegged at $1.85 per share, indicating an improvement of 10.8% from $1.67 reported in the year-ago quarter.For revenues, the consensus mark is ...

The market expects Hilton Worldwide Holdings Inc. (HLT) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is ex ...

The investor is closely tracked and has owned this stock for many years.Bill Ackman is one of the most followed investors of the 21st century. The billionaire and manager of the $10 billion-plus hedge fund Pershing Square espouses a Warren Buffett-style investing strategy. He aims to build a concentrated portfolio of high-quality stocks that he can hold for many years. Many of Ackman's stock positions are over 10% of his portfolio. One stock he has owned since 2018 is Hilton Hotels (HLT 0.62%). Shares are u ...

Newly Reimagined "Tallest Bar in SF" Adorned with Historic Artworks and Mesmerizing ViewsSAN FRANCISCO, Sept. 12, 2024 /PRNewswire/ -- Hilton San Francisco Union Square is pleased to announce the reopening of the hotel's iconic sky bar, Cityscape, on Sunday, September 15, 2024. Atop the 46th floor of the hotel with unparalleled 360-degree views, San Francisco's tallest bar merges the timeless beauty of the city with the wonders of the cosmos, including recently uncovered original mid-century modern artwork ...

A month has gone by since the last earnings report for Hilton Worldwide Holdings Inc. (HLT) . Shares have added about 5.4% 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 due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Hilton Q2 Earnings Surpass Est ...

Hilton Worldwide Holdings Inc. (HLT) is poised to benefit from strong RevPAR performance, lifestyle properties and expansion initiatives. Also, the focus on strategic partnerships and hotel conversions bodes well. However, economic uncertainties are headwinds.Let’s discuss the factors highlighting why investors should retain the stock for the time being.Growth CatalystsStrong RevPAR Performance: In the second-quarter 2024, system-wide RevPAR increased 3.5% year over year. The upside was driven by robust gro ...