Hilton | February 16, 2022
MCLEAN, VA – February 16, 2022 – Hilton Worldwide Holdings Inc. (“Hilton” or the “Company”) (NYSE: HLT) today reported its fourth quarter and full year 2021 results. The following results reflect the material impact that the coronavirus (“COVID-19”) pandemic has had on Hilton’s business. Highlights include:
- Diluted EPS was $0.52 for the fourth quarter and $1.46 for the full year, and diluted EPS, adjusted for special items, was $0.72 for the fourth quarter and $2.08 for the full year
- Net income was $148 million for the fourth quarter and $407 million for the full year
- Adjusted EBITDA was $512 million for the fourth quarter and $1,629 million for the full year
- System-wide comparable RevPAR increased 104.2 percent and 60.4 percent, on a currency neutral basis, for the fourth quarter and full year, respectively, from the same periods in 2020
- System-wide comparable RevPAR was down 13.5 percent and 30.0 percent, on a currency neutral basis, for the fourth quarter and full year, respectively, compared to the same periods in 2019
- Approved 26,000 new rooms for development during the fourth quarter, bringing Hilton’s development pipeline to 408,000 rooms as of December 31, 2021
- Added 16,100 rooms to Hilton’s system in the fourth quarter, contributing to 55,100 net additional rooms in Hilton’s system for the full year, which represented 5.6 percent net unit growth from December 31, 2020
- Full year 2022 net unit growth is expected to be approximately 5 percent
