Hilton said it had 1,250,506 rooms across 8,301 properties in 138 countries and territories as of September 30, 2024. It said Hilton Honors had 203 million members, up 17% from September 30, 2023.

1. 01

   Hilton said it had 1,250,506 rooms across 8,301 properties in 138 countries and territories as of September 30, 2024. It said Hilton Honors had 203 million members, up 17% from September 30, 2023.

2. 02

   The company said RevPAR for comparable franchised hotels rose 1.0% and RevPAR for managed hotels rose 2.7% in the 3 months ended September 30, 2024. On a currency neutral basis, franchise fees increased $14 million and management fees increased $7 million.

3. 03

   Hilton said it repurchased about 10.2 million shares of common stock for $2,113 million in the 9 months ended September 30, 2024. As of September 30, 2024, about $1.7 billion remained under its share repurchase program.

4. 04

   The company said total debt as of September 30, 2024, before unamortized deferred financing costs and discounts, was about $11.3 billion. It said there was no outstanding balance under the Revolving Credit Facility, and available borrowing capacity was $1,913 million after $87 million in letters of credit.

Key figures

Quarter ended September 30, 2024

Revenue

$2.9B

Operating income

$623M

Net income

$344M

EPS

$1.38

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.