Consumer Discretionary
Lodging
$59.12B
178K
Key insights and themes extracted from this filing
Total revenues increased to $2.867 billion, up from $2.673 billion year-over-year. This growth is primarily driven by an increase in franchise and licensing fees, and base and other management fees.
Owned and leased hotel revenues decreased slightly to $330 million from $335 million year-over-year. This is partially offset by a currency neutral increase of $11 million.
Net income attributable to Hilton stockholders decreased to $344 million from $377 million year-over-year. This is despite the increase in revenues, indicating potential margin pressures.