HLT
Hilton Worldwide Holdings Inc.285.83
-0.02-0.01%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Business transient shows early rebound
Q&A amplified prepared optimism as Nassetta highlighted early 2026 data showing business transient improvement in midscale and midweek stays, countering prior U.S. softness from government shutdowns. No contradictions surfaced; instead, incremental color included AI pilots with OpenAI and Google targeting distribution efficiencies and guest experiences, plus upcoming launches of Undergraduate and a lifestyle brand between Motto and Canopy. Development discipline held on key money at 9% of deals, with conversions eyed at 30-40% longer-term. Group pace hit mid-single digits, set to lead growth. Business transient is turning. Bullish tone persists; investors will eye trend durability.
Key Stats
Market Cap
67.23BP/E (TTM)
41.48Basic EPS (TTM)
6.89Dividend Yield
0%Recent Filings
8-K
Hilton refinances $2B revolver
8-K
Hilton Q4 earnings mixed
Hilton reported Q4 net income of $298 million, down from $505 million last year, yet Adjusted EBITDA climbed to $946 million while system-wide RevPAR edged up 0.5%. Full-year Adjusted EBITDA hit $3,725 million amid 6.7% net unit growth and a record 520,500-room pipeline. Pipeline hit record 520,500 rooms.
10-K
FY2025 results
Hilton grew its system 6.7% to 9,158 properties with 1.35 million rooms in FY2025 ended December 31, 2025, adding 796 openings and a 3,703-hotel pipeline. Comparable system-wide RevPAR rose 0.4% on 0.5% ADR growth despite flat occupancy, with U.S. down 0.8% from softer business travel while MEA surged 11.5% on leisure. Management and franchise fees climbed 4.6% to $689 million, franchise/licensing up 6.9% to $2,780 million on strategic partnerships; Adjusted EBITDA hit $3,725 million, up 8.6%. Q4 share repurchases totaled $778 million, leaving $1.3 billion authorized. Debt stood at $12.5 billion. Macroeconomic conditions could crimp quarterly demand.
8-K
Refinances $500M debt at lower rate
Hilton Domestic Operating issued $1 billion 5.500% senior notes due 2034 on December 10, 2025, at par, using proceeds to redeem all $500 million of its 5.750% notes due 2028 by December 11. This refinances shorter-term debt at lower rates, extending maturities to 2034. Net proceeds fund general corporate purposes. Holders can demand repurchase at 101% on change of control.
8-K
Hilton prices $1B notes offering
Hilton's indirect subsidiary inked a deal on December 1, 2025, to issue $1 billion of 5.500% senior notes due 2034 at par, closing expected December 10. Proceeds will redeem all $500 million of higher-rate 5.750% notes due 2028, with the rest for general corporate purposes. It refinances costlier debt. Closing hinges on customary conditions.
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