The company said net income for the 3-month period ended June 30, 2024 was $422 million, Adjusted EBITDA was $917 million, and diluted EPS was $1.67. Net income for the prior-year period was $413 million, and Adjusted EBITDA was $811 million.

1. 01

   The company said net income for the 3-month period ended June 30, 2024 was $422 million, Adjusted EBITDA was $917 million, and diluted EPS was $1.67. Net income for the prior-year period was $413 million, and Adjusted EBITDA was $811 million.

2. 02

   The company said system-wide comparable RevPAR for Q2 2024 rose 3.5% year over year, with both occupancy and ADR higher, and management and franchise fee revenues increased 10.0%.

3. 03

   Hilton said its development pipeline stood at 3,870 hotels and 508,300 rooms as of June 30, 2024, up 15% from June 30, 2023. It added 22,400 rooms to the pipeline in Q2, resulting in 18,000 net additional rooms.

4. 04

   The company said it repurchased 3.5 million shares of common stock for $724 million in Q2 2024, and that it expects capital return of about $3.0 billion for the full year. Its full-year Adjusted EBITDA outlook is $3,375 million to $3,405 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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