earnings
confidence high
sentiment positive
materiality 0.75
Hilton Q4 adj. EPS $1.68 beats; record 24k room openings; SLH partnership; 2024 RevPAR guidance +2-4%
Hilton Worldwide Holdings Inc.
2023-FY EPS reported
$4.33
revenue$10,235,000,000
- Q4 adjusted diluted EPS $1.68 vs $1.59 YoY; net income $150M; Adjusted EBITDA $803M vs $740M.
- System-wide comparable RevPAR +5.7% vs 2022, +13.5% vs 2019; management fee revenue +12.2% YoY.
- Record 24k room openings in Q4; development pipeline record 462,400 rooms (+11% YoY); net unit growth +4.9%.
- Exclusive partnership with Small Luxury Hotels of the World to expand luxury distribution, ramping over coming months.
- 2024 guidance: RevPAR +2-4%; adj. EBITDA $3.33-3.38B; net income $1.694-1.729B; capital return ~$3B.