Q2 2025 Hilton Worldwide Holdings Inc Earnings Call Transcript
Key Points
- Hilton Worldwide Holdings Inc (HLT) reported adjusted EBITDA exceeding $1 billion, surpassing expectations despite modestly negative system-wide RevPAR.
- The company returned $1.7 billion to shareholders through buybacks and dividends year-to-date and is on track to return approximately $3.3 billion for the full year.
- Hilton opened 221 hotels in the quarter, representing a 52% year-over-year increase, and achieved net unit growth of 7.5%.
- The luxury and lifestyle portfolios continued to expand, with the opening of the 1000th property in these categories and plans to welcome three new luxury and lifestyle hotels per week in 2025.
- Hilton Honors membership grew by 16% year-over-year, reaching over 226 million members, reflecting the strength of Hilton's global reach.
- System-wide RevPAR decreased by 50 basis points year-over-year, driven by declines in occupancy and modest rate growth.
- Business transient RevPAR decreased by 2% due to an elongated holiday schedule, government spending declines, and broader economic uncertainty.
- Group RevPAR was roughly flat, with favorable trends in company meetings offset by soft convention business and social events.
- RevPAR in China declined by 3.4% in the quarter, largely due to continued weakness in corporate travel demand and changes in government travel policies.
- Hilton expects system-wide RevPAR growth to be flat to modestly down in the third quarter, with holidays and calendar shifts continuing to weigh on reported results.
Good morning and welcome to the Hilton second quarter 2025 earnings conference call. (Operator Instructions) Please note this event is being recorded. I would now like to turn the conference over to Jill Chapman, Senior Vice President, Head of Development Operations and Investor Relations. You may begin.
Thank you, Michael. Welcome to Hilton's second quarter 2025 earnings call. Before we begin, we would like to remind you that our discussions this morning will include forward-looking statements. Actual results could differ materially from those indicated in the forward-looking statements, and forward-looking statements made today speak only to our expectations as of today.
We undertake no obligation to update or revise these statements. For a discussion of some of the factors that could cause actual results to differ, please see the risk factor section of our most recently filed Form10-K. In addition, we'll refer to certain non
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
