Hilton | October 28, 2021
MCLEAN, VA – October 28, 2021 – Hilton Worldwide Holdings Inc. (“Hilton” or the “Company”) (NYSE: HLT) today reported its third quarter 2021 results. The following results reflect the material impact that the novel coronavirus (“COVID-19”) pandemic has had on Hilton’s business. Highlights include:
- Diluted EPS was $0.86 for the third quarter, and diluted EPS, adjusted for special items, was $0.78
- Net income was $240 million for the third quarter
- Adjusted EBITDA was $519 million for the third quarter
- System-wide comparable RevPAR increased 98.7 percent on a currency neutral basis for the third quarter from the same period in 2020
- System-wide comparable RevPAR decreased 18.8 percent on a currency neutral basis for the third quarter from the same period in 2019
- Approved 23,600 new rooms for development during the third quarter, bringing Hilton’s development pipeline to 404,000 rooms as of September 30, 2021
- Added 14,700 rooms to Hilton’s system in the third quarter, contributing to 11,200 net additional rooms during the period and approximately 6.6 percent annualized net unit growth from September 30, 2020
- Full year 2021 net unit growth is expected to be between 5.0 percent and 5.5 percent
