Earnings release
Page 1
Hilton Investor Contact Jill Slattery +1 703 883 6043 Media Contact Nigel Glennie +1 703 883 5262 Hilton Reports First Quarter Results MCLEAN , VA ( May 5 , 2021 ) - Hilton Worldwide Holdings Inc. ( " Hilton " or the " Company " ) ( NYSE : HLT ) today reported its first quarter 2021 results . The following results reflect the material impact that the novel coronavirus ( " COVID - 19 " ) pandemic has had on Hilton's business . Highlights include : Diluted EPS was $ ( 0.39 ) for the first quarter , and diluted EPS , adjusted for special items , was $ 0.02 Net loss was $ 109 million for the first quarter Adjusted EBITDA was $ 198 million for the first quarter System - wide comparable RevPAR decreased 38.4 percent on a currency neutral basis for the first quarter from the same period in 2020 ● Approved 21,900 new rooms for development during the first quarter , bringing Hilton's development pipeline to 399,000 rooms as of March 31 , 2021 Added 16,500 rooms to Hilton's system in the first quarter , contributing to 13,100 net additional rooms during the period and approximately 5.8 percent annualized net unit growth from March 31 , 2020 As of April 28 , 2021 , 97 percent of Hilton's system - wide hotels were open In March 2021 , repaid $ 250 million of the outstanding debt balance under the Revolving Credit Facility , for a total of $ 500 million repaid in the first quarter WALDORF ASTORIA LXR CONRAD Canopy Signia Hilton Hilton CURIO COLLECTION DOUBLETREE Hilton TAPESTRY COLLECTION E EMBASSY Hilton HONORS 1 TEMPO MOTTO 7930 Jones Branch Drive McLean , VA 22102 ir.hilton.com Hilton Garden Inn Hamplon tru HOMEWOR HOME SUITES Hilton Grand Vacations