full year 2021 results
Pebblebrook Hotel Trust Reports 2021 Results
Pebblebrook Hotel Trust | February 23, 2022
HOTEL OPERATING TRENDS Performance improved throughout the year; December 2021 was the strongest month versus 2019 based on RevPAR, Total Revenue, and Hotel EBITDA, led by robust demand at the Company’s resorts and a continuing gradual recovery in business travel Leisure demand remains extremely healthy, with rate premiums expected to continue throughout 2022 Most of the 2022 business groups that canceled in January and February are rebooking in March through June at higher overall average rates Business travel demand is already improving in March and is expected to continue to accelerate its recovery into Q2 Labor shortage...
Hilton Reports Fourth Quarter and Full Year Results
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,...