HILTON WORLDWIDE Reports Q2 FY2023 Earnings Results for Period Ending June 30 2023

🌥️Earnings Overview

HILTON WORLDWIDE ($NYSE:HLT) reported its second quarter FY2023 earnings results on July 26 2023, with a period ending on June 30 2023. Total revenue of USD 2660.0 million had increased by 18.8% from the prior year, and net income of USD 411.0 million was an 11.7% rise from the same period in the year before.

Stock Price

The stock opened at $151.7 and closed at $150.3, a decrease of 0.6% from its prior closing price of 151.1. Despite the negative stock performance, HILTON WORLDWIDE reported strong financial results for the quarter. Driven by this growth and continued cost management, HILTON WORLDWIDE is well-positioned to capitalize on potential opportunities and remain competitive in the future. Live Quote…

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Hilton Worldwide. More…

Key Ratios Snapshot

Some of the financial key ratios for Hilton Worldwide are shown below. More…

Analysis

At GoodWhale, we’ve been analyzing HILTON WORLDWIDE‘s financials to give our users the most accurate assessment of their investment risk. After careful examination, we’ve determined that HILTON WORLDWIDE is a high risk investment. Our Risk Rating system has identified two risk warnings in its income sheet and balance sheet. If you’re considering investing in HILTON WORLDWIDE, it’s essential that you understand the risks associated with it. Register with us to take a closer look at the warning signs and make an informed decision. With GoodWhale, you can rest assured that you’re taking the right steps to protect your investments. More…

Peers

Hilton Worldwide Holdings Inc. is a hospitality company that owns, leases, manages, develops, and franchises hotels and resorts. The company operates in more than 90 countries and has more than 4,800 properties. Hilton Worldwide is the largest hotel company in the world, with more than 2,800 hotels and resorts in more than 90 countries. The company’s brands include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio Collection by Hilton, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by Hilton, Hilton Garden Inn, Hilton Grand Vacations, Homewood Suites by Hilton, Home2 Suites by Hilton, and Tru by Hilton.

Choice Hotels International Inc. is a hospitality company that franchises hotels and resorts. The company operates in more than 35 countries and has more than 6,800 properties. Choice Hotels’ brands include Comfort Inn, Comfort Suites, Quality Inn, Sleep Inn, Clarion, Cambria hotels & suites, MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge, and Rodeway Inn.

Wyndham Hotels & Resorts Inc. is a hospitality company that franchises hotels and resorts. The company operates in more than 80 countries and has more than 9,000 properties. Wyndham’s brands include Wyndham Hotels and Resorts, Wyndham Grand, Wyndham Garden, Wyndham Rewards, Dolce Hotels and Resorts, Esplendor Boutique Hotels, TRYP by Wyndham, Wingate by Wyndham, Hawthorn Suites by Wyndham, microtel by Wyndham, Ramada Worldwide, Days Inn by Wyndham, Super 8 by Wyndham, Howard Johnson, Travelodge by Wyndham, Knights Inn by Wyndham, Planet Hollywood Hotels, and Baymont Inn & Suites.

Marriott International Inc. is a hospitality company that franchises hotels and resorts. The company operates in more than 70 countries and has more than 5,700 properties. Marriott’s brands include Marriott Hotels, Sheraton Hotels and Resorts, Westin Hotels and Resorts, Le Méridien Hotels and Resorts, Renaissance Hotels, Autograph Collection Hotels, Tribute Portfolio Hotels, Design Hotels, Courtyard by Marriott, Fairfield Inn & Suites by Marriott, SpringHill Suites by Marriott, Residence Inn by Marriott, TownePlace Suites by Marriott, Marriott Executive Apartments, Marriott Vacation Club International, and The Ritz-Carlton Hotel Company.

– Choice Hotels International Inc ($NYSE:CHH)

Choice Hotels International, Inc. is a hospitality franchisor company based in the United States. The company owns several hotel brands, including Comfort Inn, Cambria Hotels, Quality Inn, Sleep Inn, Clarion, MainStay Suites, Econo Lodge, Rodeway Inn, and Ascend Hotel Collection. The company also has a vacation rental division, which operates under the Vacation Rentals by Choice Hotels brand. As of December 31, 2020, Choice Hotels International franchised 7,006 properties in 40 countries and territories worldwide.

The company has a market cap of $6.88 billion and a return on equity of 87.46%. Choice Hotels International is a leading franchisor of hotels in the United States. The company’s hotel brands are well-known and offer a variety of accommodations to meet the needs of business and leisure travelers. Choice Hotels International is a publicly traded company listed on the New York Stock Exchange.

– Wyndham Hotels & Resorts Inc ($NYSE:WH)

Wyndham Hotels & Resorts is one of the largest hotel companies in the world, offering a wide variety of accommodations and services under its 20 hotel brands. The company has over 8,000 properties in more than 80 countries and employs over 25,000 people. Wyndham’s market cap is $6.29 billion and its ROE is 30.65%. The company’s brands include Wyndham Grand, Wyndham, Ramada, Days Inn, Super 8, Howard Johnson, Travelodge, and Knights Inn.

– Marriott International Inc ($NASDAQ:MAR)

Marriott International Inc. is a leading hospitality company with more than 6,700 properties in 130 countries and territories. Founded in 1927, Marriott has a long history of providing outstanding service and accommodations to guests around the world. The company’s market cap is 48.68B as of 2022 and its ROE is 116.05%. Marriott is dedicated to providing an exceptional experience for every guest, every time.

Summary

HILTON WORLDWIDE‘s second quarter FY2023 results have shown positive growth in terms of revenue and net income. The total revenue for the quarter ending June 30 2023 has grown by 18.8% from the prior year, to USD 2660.0 million, and net income has grown by 11.7%. These results are encouraging for investors as they point to an overall upward trend, which is likely to remain consistent through the rest of the financial year. Furthermore, the long-term prospects of the company remain strong, making it a good investment opportunity.