Hilton Reports Fourth Quarter and Record Full Year Results

Hilton Smashes Full-Year Records

Hilton Worldwide Holdings has reported its fourth quarter and full year 2024 results. Highlights include:

• Diluted EPS was $2.06 for the fourth quarter and $6.14 for the full year, exceeding the high end of guidance
• Diluted EPS, adjusted for special items, was $1.76 for the fourth quarter and $7.12 for the full year, exceeding the high end of guidance.
• Net income was $505 million for the fourth quarter and $1,539 million for the full year, exceeding the high end of guidance.
• Adjusted EBITDA was $858 million for the fourth quarter and $3,429 million for the full year, exceeding the high end of guidance.
• System-wide comparable RevPAR increased 3.5 percent and 2.7 percent, on a currency-neutral basis, for the fourth quarter and full year, respectively, compared to the same periods in 2023, exceeding the high end of guidance.
• Approved 34,200 new rooms for development during the fourth quarter, bringing development pipeline to 498,600 rooms as of December 31, 2024, representing growth of 8 percent from December 31, 2023
• Added 22,600 rooms to system in the fourth quarter, resulting in 98,400 room openings for the full year, contributing to net unit growth of 7.3 percent from December 31, 2023
• Repurchased 3.1 million shares of Hilton common stock during the fourth quarter, bringing total capital return, including dividends, to $781 million for the quarter and $3.0 billion for the full year
• Full-year 2025 system-wide RevPAR is projected to increase between 2.0 percent and 3.0 percent on a comparable and currency-neutral basis compared to 2024; full year net income is projected to be between $1,829 million and $1,858 million; full year Adjusted EBITDA is projected to be between $3,700 million and $3,740 million.
• Full-year 2025 capital return is projected to be approximately $3.3 billion.
• Net unit growth for 2025 is expected to be between 6.0 percent and 7.0 percent.