Hilton Worldwide HoldingsNYSE: HLT

Hilton's stock increased by 57% in the last year, but it fell by 2% after the third quarter earnings report and less encouraging forecasts. Although Hilton's Q3 earnings exceeded earnings per share predictions, it did not meet revenue expectations, even with strong adjusted EBITDA growth and good profit margins from its franchising model. Despite slower growth in its current operations, Hilton's ambitious expansion plans and income from franchise fees are expected to support strong long-term earnings and returns on capital.

HLT's results for the third quarter of 2024 show significant growth in revenue per available room, thanks to higher occupancy levels and increased average daily rates.

The financial results for Hilton Worldwide (HLT) provide an overview of the company's performance for the quarter ending in September 2024. It may be helpful to compare some important metrics to Wall Street predictions and figures from the same period last year.

MCLEAN, Va.--(BUSINESS WIRE)--Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) has announced its results for the third quarter of 2024. Key points include a diluted EPS of $1.38 and an adjusted diluted EPS of $1.92, with a net income of $344 million. Additionally, the adjusted EBITDA for the quarter was $904 million, and the system-wide comparable RevPAR rose by 1.4 percent, excluding currency effects.

HLT's performance in the third quarter of 2024 probably improved due to its development projects, strategic partnerships, and increases in RevPAR.

Hilton Worldwide (HLT) lacks the right mix of two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.

SAN FRANCISCO--(BUSINESS WIRE)--UNITE HERE has reached out to many Hilton franchise owners in college towns, encouraging them to consider if Hilton is still the best brand for their hotels after Hilton's recent purchase of the Graduate Hotels brand. In March 2024, Hilton (NYSE: HLT) acquired Graduate Hotels from AJ Capital Partners and established long-term franchise agreements with all current and future properties.

Hilton Hotels makes up a significant 18.5% of Bill Ackman's investment portfolio. The company oversees the Hilton brand and plays a key role in the global travel industry.

MCLEAN, Va.--(BUSINESS WIRE)--In 2024, people focused on recharging, with sleep retreats gaining attention, mindful drinking becoming more popular, and wellness-themed hotel rooms emerging. Now that leisure travel is returning to normal after the pandemic, travelers in Hilton's annual Trends Report want to combine relaxation with exciting adventures to make the most of their time and money. The upcoming 2025 Trends Report reveals what has been developing in this area.