Hilton Worldwide Hldgs Inc Stock Price, News & Analysis

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.

Hilton Worldwide Holdings Inc. (NYSE: HLT) will announce its first quarter 2022 financial results before the market opens on May 3, 2022. Following the announcement, a conference call will be held at 10 a.m. EDT, featuring CEO Christopher J. Nassetta and CFO Kevin Jacobs. Investors can access the live webcast through the Hilton Investor Relations website, with a replay available later. Hilton operates over 6,800 properties across 122 countries, enhancing guest experiences with innovative technologies like Digital Key Share.

Conrad Nashville is set to open in May 2022, unveiling three culinary concepts developed by acclaimed chefs Elizabeth Blau and Chef Kim Canteenwalla. These include Blue Aster, a seafood-centric restaurant, The Lounge at Blue Aster, offering upscale cocktails and afternoon tea, and Thistle & Rye, featuring globally-inspired small plates. The designs by Champalimaud incorporate modern luxury with natural elements. Highlighting Southern hospitality, the restaurants focus on local ingredients and unique culinary inspirations from the region.

Hilton Worldwide Holdings Inc. (NYSE: HLT) reported substantial growth in Q4 and full year 2021 results, reflecting recovery from the pandemic. For Q4, diluted EPS reached $0.52, with net income of $148 million. Adjusted EBITDA was $512 million. System-wide comparable RevPAR improved by 104.2% in Q4 from 2020, though down 13.5% compared to Q4 2019. Hilton opened 94 new hotels in Q4, boosting its development pipeline to 408,000 rooms. The company had $8.9 billion in long-term debt but maintained strong liquidity with $1.5 billion in cash. A conference call is scheduled for February 16, 2022.