Core Insights - The George at Columbia, Tapestry Collection by Hilton, has officially opened in Harlem, combining local culture with the comfort of a globally recognized hotel brand [1][3] - The hotel aims to serve as a community hub, providing jobs and fostering partnerships with local businesses while offering a unique hospitality experience [2][4] Company Overview - The George features 139 guest rooms, a fitness center, a terrace lounge, and flexible meeting spaces, with two full-service restaurants expected to open in Spring 2026 [2][8] - The hotel is part of Hilton's Tapestry Collection, which includes over 170 independent hotels, each with a unique personality and design [3][10] Community Engagement - The hotel emphasizes local hiring and community-focused programming, aiming to create a welcoming environment for both guests and local residents [4][8] - The George is positioned as a gathering spot that honors Harlem's artistic legacy and cultural significance [3][4] Amenities and Features - Guests will enjoy amenities such as complimentary high-speed Wi-Fi, a heated outdoor pool set to open in Summer 2026, and access to Hilton Honors benefits [2][5] - The hotel incorporates design elements inspired by Harlem's history, featuring rich earth tones and art deco finishes [2][3] Location and Accessibility - The George is located at 412 West 126th Street, Harlem, New York, and reservations can be made through Hilton's official channels [6][8]

Core Insights - Hilton Worldwide Holdings Inc. reported first-quarter adjusted earnings per share of $1.72, exceeding the street view of $1.61 [1] - Quarterly sales reached $2.69 billion, which fell short of the analyst consensus estimate of $2.72 billion [1] - Adjusted EBITDA for the first quarter was $795 million, an increase from $750 million a year ago, with an expanded adjusted EBITDA margin of 73.7% compared to 70.4% in the previous year [1] Financial Performance - System-wide comparable RevPAR increased by 2.5% on a currency-neutral basis for the first quarter compared to the same period in 2024 [2] - Quarterly net income margin improved to 11.1% from 10.4% [2] - The company opened 186 hotels, adding a total of 20,100 rooms, resulting in 14,000 net room additions during the first quarter of 2025 [2] Strategic Developments - The company expanded its pipeline of lifestyle properties, introducing the Tempo by Hilton brand in the U.K., marking its first hotel outside the U.S., along with new hotels in Greece and Utah [3] - As of March 31, the company had $11.2 billion in outstanding debt, excluding deferred financing costs and discounts [3] Cash Management - Total cash and equivalents amounted to $807 million as of March 31, 2025, which included $76 million of restricted cash [4] - The firm repurchased 3.7 million shares of common stock during the first quarter, leading to a total capital return of $927 million for the quarter and $1,157 million year-to-date through April [4] - The board of directors authorized a regular quarterly cash dividend of $0.15 per share to be paid on June 27 [4] Future Outlook - Hilton raised its full-year 2025 adjusted EPS guidance to a range of $7.76–$7.94, up from the previous range of $7.71–$7.82, which compares favorably to the $7.93 analyst estimate [5] - For the second quarter, the company expects adjusted EPS between $1.97 and $2.02, which is below the $2.11 estimate [5] - HLT shares were trading lower by 1.30% to $224.27 at the last check on Tuesday [5]

Core Viewpoint - Hilton Worldwide Holdings Inc. reported strong earnings for Q1 2025, exceeding estimates for the sixth consecutive quarter, although revenues fell short of expectations [1][3]. Financial Performance - Adjusted earnings per share (EPS) for Q1 2025 were $1.72, surpassing the Zacks Consensus Estimate of $1.61 and up from $1.53 in the same quarter last year [3]. - Total revenues reached $2,695 million, missing the consensus mark of $2,707 million but reflecting a year-over-year growth of 4.7% [3]. - Franchise and licensing fees improved to $625 million from $571 million year-over-year, while base and other management fees declined to $88 million from $106 million [4]. - Ownership revenues were reported at $234 million, down from $255 million in the previous year [5]. - System-wide comparable RevPAR grew by 2.5% year-over-year, driven by increased occupancy and average daily rate (ADR) [6]. - Adjusted EBITDA for the quarter was $795 million, a 6% increase year-over-year, exceeding the estimate of $789.2 million [6]. Balance Sheet and Shareholder Returns - As of March 31, 2025, total cash and cash equivalents were $807 million, down from $1.376 billion at the end of 2024, with long-term debt remaining stable at $11.15 billion [7]. - The company repurchased 3.7 million shares at an average price of $242.92 per share and paid dividends totaling $37 million during the quarter [7][8]. - A quarterly cash dividend of 15 cents per share was declared, payable on June 27, 2025 [8]. Business Expansion - In Q1 2025, Hilton added 186 hotels, totaling 20,100 rooms, achieving a net room growth of 14,000 [9]. - The company introduced new lifestyle brands and expanded its luxury offerings, including openings in the UK and Greece [9][10]. - As of March 31, 2025, Hilton's development pipeline included 3,600 hotels representing 503,400 rooms across 123 countries, with an expected net unit growth of 6-7% for 2025 [10]. Future Outlook - For Q2 2025, Hilton anticipates net income between $455 million and $469 million, with adjusted EBITDA expected to be between $940 million and $960 million [11]. - System-wide RevPAR is projected to increase by 2.5-3.5% year-over-year for Q2 2025 [12]. - Full-year adjusted EPS is forecasted to be in the range of $7.76-$7.94, with a capital return of approximately $3.3 billion [13].