Hilton: Q2 net income of $367m

(CercleFinance.com) - The hotels group has announced its Q2 2022 results.

Diluted EPS was 1.32 dollar in the period, while diluted EPS adjusted for extraordinary items was 1.29 dollar.

Net income reached 367 million dollars over the period, exceeding the top of the guidance range. Meanwhile, adjusted EBITDA was 679 million dollars.

The group reports that comparable RevPAR increased 54.3% on a currency-neutral basis for the second quarter compared to the same period in 2021. It was down 2.1% compared to the same period in 2019.

Comparable RevPAR for the full year 2022 is expected to increase from 37.0% to 43.0%, on a currency neutral basis, compared to 2021.

FY net income is expected between 1,146 and 1,216 million dollars.


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