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More on Hilton Worldwide's Q1

Published 05/02/2017, 10:21 AM
© Reuters.  More on Hilton Worldwide's Q1
HLT
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  • Hilton Worldwide (HLT +3.4%) reports system-wide RevPAR rose 3% in Q1, due to increased occupancy.
  • U.S. comparable RevPAR +2.5%.
  • Franchise fees +8.5% to $294M.
  • Owned and leased hotels revenue fell 6% to $300M.
  • System-wide occupancy rate up 160 bps to 70.9%.
  • Adjusted EBITDA increased 15.5% to $424M.
  • Operating margin rate grew 210 bps to 12.8%.
  • Q2 Guidance: System-wide RevPAR: +1% to +3%; Adjusted EBITDA: $490M to $510M; Management and franchise fees: +7% to +9%; Net income: $156M to $173M; Adjusted EPS: $0.47 to $0.51.
  • FY2017 Guidance: System-wide RevPAR: +1% to +3%; Ownership RevPAR: +1% to +3%; Adjusted EBITDA: $1.86B to $1.9B; Management and franchise fees: +7% to +9%; Net income: $529M to $554M; Adjusted EPS: $1.73 to $1.81; Capex: $150M to $200M.
  • Now read: FleetCor to buy Cambridge Global Payments for $675M


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