Hilton Reports up to a 45% Drop in Quarterly Revenue Per Room Compared to Last Year [The Motley Fool]
Hilton Worldwide Holdings Inc. (HLT)
Last hilton worldwide holdings inc. earnings: 2/11 06:00 am
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Source: The Motley Fool
Like other industries related to travel,hotels and resorts have taken a major blowHilton Worldwide Holdings(NYSE:HLTAccording to Hilton Worldwide's Current Report, the hardest-hit region was Asia-Pacific. With the coronavirus pandemic already under way in China at the start of the year -- and probably earlier, as U.S. intelligence reports in November 09 apparently indicated a potentially "cataclysmic" contagion loose in and near Wuhan -- Asia-Pacific room revenue had already fallen 6% in January 00 compared to January 09. By March, the region's RevPAR figure plummeted by 7% to 76%.Image source: Hilton Worldwide Holdings.The Americas and the Europe, Middle East, and Africa (EMEA) regions showed single-digit room revenue growth in the year's first month. By March, however, COVID-9 slammed these areas as well, with room revenue nosediving % to 6%. Overall, systemwide RevPAR dropped % to % during the year's first calendar quarter, with Asia-Pacific quarterly declines almost double that p
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News
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HLT
Earnings
- 2/11/26 - Beat
HLT
Sec Filings
- 3/5/26 - Form 4
- 3/5/26 - Form 4
- 3/5/26 - Form 4
- HLT's page on the SEC website