Hilton Worldwide Holdings Inc · Q4 2020 earnings

Briefing

Hilton's Q4 2020 results reflected the material impact of the COVID-19 pandemic. Diluted EPS was $(0.80) for the fourth quarter and $(2.56) for the full year.

Hilton's Q4 2020 results were impacted by the COVID-19 pandemic, with a net loss of $225 million and a decrease in system-wide comparable RevPAR by 59.2 percent. Despite the challenges, Hilton reached the one million room milestone and achieved net unit growth of more than five percent for the year.

• Diluted EPS was $(0.80) for the fourth quarter and $(2.56) for the full year, and diluted EPS, adjusted for special items, was $(0.10) for the fourth quarter and $0.10 for the full year
• Net loss was $225 million for the fourth quarter and $720 million for the full year
• Adjusted EBITDA was $204 million for the fourth quarter and $842 million for the full year
• System-wide comparable RevPAR decreased 59.2 percent and 56.7 percent on a currency neutral basis for the fourth quarter and full year, respectively, from the same periods in 2019

Headline financials

Revenue & EPS history

The company expects its industry-leading brands to continue driving new development and conversion opportunities, enabling it to further grow its network and capture a disproportionate share of demand as travel resumes.