Hilton Worldwide Hldgs Inc Stock Price, News & Analysis

Hilton has announced that nearly 85% of its U.S. properties are now pet-friendly, in response to rising demand from travelers. A recent survey indicated that 70% of Americans plan summer travel, with over two-thirds of pet owners highlighting mental health benefits as a reason to bring their pets along. Hilton has expanded its partnership with Mars Petcare to provide virtual support for pet health during stays at over 4,600 hotels in North America. This includes exclusive offers, such as waived enrollment fees for Banfield's Optimum Wellness Plans.

F45 Training Holdings (NYSE: FXLV) has announced its first fitness studio within a hotel, located at the Hilton Austin. Slated to open this fall, the studio will occupy 1,236 square feet, providing high-intensity circuit-based workouts. This move marks a significant step for F45's new Clubs & Hotels business unit and aims to enhance guest experiences. The partnership allows guests and local attendees to access workouts with discounts for Hilton Honors members and F45 members, showcasing F45's expansion strategy into the hospitality sector.

Honeyfund and Hilton are continuing their partnership, launching a sweepstakes for couples amid the anticipated 2.5 million weddings in 2022. The promotion offers one couple a honeymoon at the new Conrad Tulum Riviera Maya, valued at $5,000, including luxury accommodations and spa treatments. This partnership supports couples in funding their dream weddings and honeymoons, addressing the surge in wedding rescheduling due to the pandemic. Hilton continues to enhance its portfolio with premier resort destinations, making it an attractive option for honeymooners.

Hilton has announced essential travel tips for families ahead of a projected record summer travel season. Key recommendations include choosing hotels that offer complimentary hot breakfasts, accommodating pets at over 5,000 locations, and opting for spacious rooms or suites. Hilton's brands are well-suited to meet evolving traveler needs, featuring amenities that cater to families and their pets. A recent survey revealed that 79% of Americans feel more productive after breakfast, and 55% of pet owners plan to travel with their pets this summer. For Hilton Honors members, there is a promotion to earn more points on summer stays.

Hilton Worldwide Holdings Inc. (NYSE: HLT) reported a strong Q1 2022 with diluted EPS of $0.75 and net income of $211 million. Adjusted EBITDA reached $448 million, while system-wide comparable RevPAR surged 80.5% compared to Q1 2021, though it remains 17% below pre-pandemic levels. The development pipeline expanded to over 410,000 rooms with 22,200 new rooms approved. Hilton resumed share repurchases, acquiring 907,000 shares for approximately $130 million. Full-year projections indicate continued RevPAR growth and expected net income between $1,001 million and $1,071 million.