Hilton earns more than 375 million in the first half, 10.5% more

Hilton Worldwide earned 418 million dollars (375 million euros) in the first half of 2018, which is 10.58% more compared to the same period of 2018, when it obtained a profit of 378 million dollars (339 million euros). euros), as reported by the US company.

During the first six months of 2019, Hilton’s revenues increased 7.3% to reach 4,688 million dollars (4,207 million euros), compared to 4,365 million dollars (3,917 million euros) recorded in the same period from last year

The adjusted gross operating profit (Ebitda) amounted to 1,117 million dollars (1,002 million euros), 11.7% more than in the first six months of 2018.

The company’s operating result was 790 million dollars (708 million euros), 15.3% more than that registered in the same period last year.

Hilton increased its costs by 5.9% during the first half of 2019, to 3,898 million dollars (3,498 million euros), compared to 3,680 million dollars (3,302 million euros) reported in 2018.

During the second quarter of 2018, Hilton has added 28,100 new rooms that will be added to its portfolio, reaching 373,000 in the first six months of the year, representing a 3% growth since June 30, 2018.

As of June 30, 2018, the company’s debt is 7,182 million dollars (6,445 million euros) compared to 7,175 million dollars (6,439 million euros) recorded in the same period of 2018.

THE GREATEST GROWTH IN THE MIDDLE EAST

By markets, the highest growth in employment from January to June 2019 was recorded in the Middle East and Africa region, with an occupation of 73%, 2.6% more, RevPar being $ 107.32 (96.2 euros), having decreased by 2.8% and the ADR of $ 147.03 (131.9 euros), 6.3% less.

The market with the highest percentage of occupation was the United States, with 76.6% (+ 0.4 percentage points), with a RevPar of $ 115.09 (103.2 euros), 1.4% more, and a ADR of $ 150.35 (134.9 euros), 0.9% more.

In Europe, RevPar increased 4.2% to reach $ 103.64 (92.9 euros), with an occupation of 74.8% (+0.9 percentage points) and an ADR of $ 138.55 ( 124.3 euros), 2.9% more.

On the other hand, the region of America (excluding the United States) registered an occupation of 69.4% (+1 percentage point), with an increase of 4.1% in the RevPar, reaching $ 86.59 (77, 6 euros) and an ADR of 124.84 dollars (112 euros), 2.6% more. Meanwhile, the Asia-Pacific region led a decrease in ADR, with a 0.4% drop that put it at $ 126.03 (113 euros), with an occupancy rate of 70.5% (+ 1.3 percentage points) and a RevPar of 88.88 dollars (79.7 euros), 1.6% more.

FORECASTS

Hilton Worldwide, towards the end of 2018, expects to reach a net income of between 887 million and 909 million dollars (between 795.8 and 815 million euros). He also hopes that the adjusted Ebitda will be between 2,280 million and 2,310 million dollars (between 2,045 and 2,072 million euros).

Likewise, the company expects RevPar to increase between 1% and 2% on a comparable basis and at a constant exchange rate compared to the full year of 2018.