155a2b71
2021-07-30
Uhh
Hotels’ Earnings Show Things Are Getting Better<blockquote>酒店盈利显示情况正在好转</blockquote>
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Net revenues were $406 million, compared with$258 million a year earlier, during the heart of the pandemic.</p><p><blockquote>温德姆酒店(股票代码:WH)周三公布第二季度调整后稀释每股收益为95美分,高于去年同期的10美分。在大流行期间,净收入为4.06亿美元,而去年同期为2.58亿美元。</blockquote></p><p> The company, based in Parsippany, N.J., franchises its brands across about 9,000 hotels globally. It is known for economy and midscale offerings such as Super 8, Ramada, and Days Inn.</p><p><blockquote>该公司总部位于新泽西州帕西帕尼,在全球约9000家酒店特许经营其品牌。它以经济型和中档酒店而闻名,如速8酒店、华美达酒店和戴斯酒店。</blockquote></p><p> Global revenue per available room, a key metric known as RevPar, increased by 110% in the quarter year over year but was down 17% from the same period in 2019. RevPar at the company’s economy brands in the U.S. exceeded second-quarter 2019 levels.</p><p><blockquote>全球每间可用客房收入(一项称为RevPar的关键指标)在本季度同比增长110%,但较2019年同期下降17%。该公司经济品牌在美国的RevPar超过了2019年第二季度的水平。</blockquote></p><p> Unlike Hilton Worldwide Holdings (HLT) and Marriott International (MAR), which in normal times have a big business and group travel component, Wyndham relies more heavily on domestic leisure travelers . That is a relatively good place to be during the pandemic.</p><p><blockquote>与希尔顿全球控股公司(HLT)和万豪国际(MAR)不同,温德姆酒店在正常情况下拥有大型商务和团体旅行业务,温德姆酒店更依赖国内休闲旅客。在疫情期间,这是一个相对较好的地方。</blockquote></p><p> The stock had returned about 20% this year through Wednesday’s close, a little better than the S&P 500’s 18% result. The stock was at $75.35 near midday, up 6.5%.</p><p><blockquote>截至周三收盘,该股今年的回报率约为20%,略好于标普500 18%的业绩。临近午盘,该股报75.35美元,上涨6.5%。</blockquote></p><p> “Wyndham’s recovery continues to unfold at a faster-than-expected rate,” Baird analyst Michael Bellisario said in a research note Thursday. He noted that second-quarter earnings before interest, taxes, depreciation and amortization, or Ebitda, came in at $168 million, up from $66 million a year earlier, and the dividend is rising 50% to 16 cents a share.</p><p><blockquote>贝尔德分析师迈克尔·贝利萨里奥(Michael Bellisario)周四在一份研究报告中表示:“温德姆的复苏继续以快于预期的速度展开。”他指出,第二季度息税折旧摊销前利润(Ebitda)为1.68亿美元,高于去年同期的6600万美元,股息增长50%,达到每股16美分。</blockquote></p><p> Hilton Worldwide Holdings, meanwhile, reported adjusted diluted earnings per share of 56 cents, compared with a loss of 61 cents a year earlier, on revenues of $1.3 billion. That was below the FactSet consensus estimate of about $1.4 billion, but it was more than double the $564 million during last year’s second quarter.</p><p><blockquote>与此同时,希尔顿全球控股公司报告调整后摊薄每股收益为56美分,而去年同期为亏损61美分,营收为13亿美元。这低于FactSet普遍预期的约14亿美元,但比去年第二季度的5.64亿美元高出一倍多。</blockquote></p><p> “The miss was primarily from other revenues and not the fundamental base fees that are more integral to” Hilton, Truist Securities analyst Patrick Scholes wrote in a note.</p><p><blockquote>Truist Securities分析师帕特里克·斯科尔斯(Patrick Scholes)在一份报告中写道:“失误主要来自其他收入,而不是对希尔顿更重要的基本费用。”</blockquote></p><p> Hilton, based in McLean, Va., operates an asset light model. It owns relatively few hotel properties, relying instead on management and franchising fees.</p><p><blockquote>总部位于弗吉尼亚州麦克林的希尔顿采用轻资产模式。它拥有的酒店物业相对较少,而是依赖管理费和特许经营费。</blockquote></p><p> Hilton depends heavily on group and business travel customers, segments that have been hard hit by the pandemic.</p><p><blockquote>希尔顿严重依赖团体和商务旅行客户,这些细分市场受到了疫情的严重打击。</blockquote></p><p> “While the pace of recovery varies by region, particularly with the uncertainty surrounding coronavirus variants, we expect continued strength in leisure demand and further upticks in business travel to drive continued resurgence in the back half of the year,” the company said in its earnings release.</p><p><blockquote>该公司在财报中表示:“虽然复苏步伐因地区而异,特别是考虑到冠状病毒变种的不确定性,但我们预计休闲需求的持续强劲和商务旅行的进一步增加将推动下半年的持续复苏。”发布。</blockquote></p><p> For Hilton and many other lodging companies, how quickly non-leisure business improves is crucial in determining how soon things get back to normal levels.</p><p><blockquote>对于希尔顿和许多其他住宿公司来说,非休闲业务改善的速度对于决定情况多快恢复正常水平至关重要。</blockquote></p><p> Speaking to analyst Thursday morning, Nassetta said the company’s greatest strength has been leisure travel but that it has seen a “significant pickup in business travel” and “significant pickup, while further to go, in the group side.” Group includes events such as conventions, trade shows, and weddings.</p><p><blockquote>纳塞塔周四上午在接受分析师采访时表示,该公司最大的优势是休闲旅行,但“商务旅行显着回升”,“集团方面也显着回升,而且还在进一步发展”。团体包括会议、贸易展览和婚礼等活动。</blockquote></p><p> “And we continue to see that, notwithstanding the Delta variant and all of the things going on,” he said.</p><p><blockquote>“尽管德尔塔变异毒株和所有正在发生的事情,但我们继续看到这一点,”他说。</blockquote></p><p> Nassetta said that as of Wednesday, systemwide occupancy in the U.S. was 74% over the previous seven days. That includes urban markets, which have generally lagged during the recovery.</p><p><blockquote>Nassetta表示,截至周三,美国全系统的入住率较前七天为74%。这包括在复苏过程中普遍落后的城市市场。</blockquote></p><p> “If we’re running at 74%, that’s not leisure,” he said. “While we have a lot of leisure-oriented hotels, we have a lot of business-oriented hotels, and so midweek occupancy at that level is definitely reflective of business travel.”</p><p><blockquote>“如果我们以74%的速度运行,那就不是休闲,”他说。“虽然我们有很多休闲型酒店,但我们也有很多商务型酒店,因此周中的入住率肯定反映了商务旅行。”</blockquote></p><p> The stock has returned about 16% this year through Wednesday. It was at $ 135.08 near midday, for a gain of 5.6%.</p><p><blockquote>截至周三,该股今年的回报率约为16%。临近中午,该股收于135.08美元,涨幅为5.6%。</blockquote></p><p> Systemwide comparable RevPar jumped by more than 200% year over year in the quarter on a currency-neutral basis, which uses exchange rates at the end of a specified period.</p><p><blockquote>在货币中性的基础上(使用指定期末的汇率),本季度全系统可比RevPar同比增长超过200%。</blockquote></p><p> Second-quarter adjusted Ebitda was $400 million, well ahead of the FactSet consensus estimate of $333 million.</p><p><blockquote>第二季度调整后Ebitda为4亿美元,远高于FactSet一致预期的3.33亿美元。</blockquote></p><p> As of June 30, Hilton’s cash and cash equivalents totaled about $1.1 billion against $8.6 billion of consolidated long-term debt. During the second quarter, Hilton repaid the outstanding balance of nearly $1.2 billion on its revolving credit facility.</p><p><blockquote>截至6月30日,希尔顿的现金和现金等价物总额约为11亿美元,而合并长期债务为86亿美元。第二季度,希尔顿偿还了其循环信贷额度中近12亿美元的未偿余额。</blockquote></p><p> Asked about when the company would resume capital returns, notably dividends and share buybacks, Nassetta said he was confident that will occur in the first half of next year.</p><p><blockquote>当被问及公司何时恢复资本回报,特别是股息和股票回购时,纳塞塔表示,他有信心这将在明年上半年实现。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hotels’ Earnings Show Things Are Getting Better<blockquote>酒店盈利显示情况正在好转</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHotels’ Earnings Show Things Are Getting Better<blockquote>酒店盈利显示情况正在好转</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-07-30 14:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Second-quarter earnings results for Hilton Worldwide Holdings and Wyndham Hotels & Resorts are the latest example of a marked improvement for the lodging industry, although the crucial business travel segment continues to lag.</p><p><blockquote>希尔顿全球控股公司和温德姆酒店及度假村第二季度的盈利结果是住宿业显着改善的最新例子,尽管至关重要的商务旅行领域仍然落后。</blockquote></p><p> Both stocks took off on Thursday morning. “We continued to make significant progress toward recovery,” Hilton CEO Christopher Nassetta told analysts.</p><p><blockquote>这两只股票都在周四上午上涨。希尔顿首席执行官克里斯托弗·纳塞塔对分析师表示:“我们在复苏方面继续取得重大进展。”</blockquote></p><p> Wyndham Hotels (ticker: WH) on Wednesday reported second-quarter adjusted diluted earnings of 95 cents a share, up from 10 cents in the corresponding period last year. Net revenues were $406 million, compared with$258 million a year earlier, during the heart of the pandemic.</p><p><blockquote>温德姆酒店(股票代码:WH)周三公布第二季度调整后稀释每股收益为95美分,高于去年同期的10美分。在大流行期间,净收入为4.06亿美元,而去年同期为2.58亿美元。</blockquote></p><p> The company, based in Parsippany, N.J., franchises its brands across about 9,000 hotels globally. It is known for economy and midscale offerings such as Super 8, Ramada, and Days Inn.</p><p><blockquote>该公司总部位于新泽西州帕西帕尼,在全球约9000家酒店特许经营其品牌。它以经济型和中档酒店而闻名,如速8酒店、华美达酒店和戴斯酒店。</blockquote></p><p> Global revenue per available room, a key metric known as RevPar, increased by 110% in the quarter year over year but was down 17% from the same period in 2019. RevPar at the company’s economy brands in the U.S. exceeded second-quarter 2019 levels.</p><p><blockquote>全球每间可用客房收入(一项称为RevPar的关键指标)在本季度同比增长110%,但较2019年同期下降17%。该公司经济品牌在美国的RevPar超过了2019年第二季度的水平。</blockquote></p><p> Unlike Hilton Worldwide Holdings (HLT) and Marriott International (MAR), which in normal times have a big business and group travel component, Wyndham relies more heavily on domestic leisure travelers . That is a relatively good place to be during the pandemic.</p><p><blockquote>与希尔顿全球控股公司(HLT)和万豪国际(MAR)不同,温德姆酒店在正常情况下拥有大型商务和团体旅行业务,温德姆酒店更依赖国内休闲旅客。在疫情期间,这是一个相对较好的地方。</blockquote></p><p> The stock had returned about 20% this year through Wednesday’s close, a little better than the S&P 500’s 18% result. The stock was at $75.35 near midday, up 6.5%.</p><p><blockquote>截至周三收盘,该股今年的回报率约为20%,略好于标普500 18%的业绩。临近午盘,该股报75.35美元,上涨6.5%。</blockquote></p><p> “Wyndham’s recovery continues to unfold at a faster-than-expected rate,” Baird analyst Michael Bellisario said in a research note Thursday. He noted that second-quarter earnings before interest, taxes, depreciation and amortization, or Ebitda, came in at $168 million, up from $66 million a year earlier, and the dividend is rising 50% to 16 cents a share.</p><p><blockquote>贝尔德分析师迈克尔·贝利萨里奥(Michael Bellisario)周四在一份研究报告中表示:“温德姆的复苏继续以快于预期的速度展开。”他指出,第二季度息税折旧摊销前利润(Ebitda)为1.68亿美元,高于去年同期的6600万美元,股息增长50%,达到每股16美分。</blockquote></p><p> Hilton Worldwide Holdings, meanwhile, reported adjusted diluted earnings per share of 56 cents, compared with a loss of 61 cents a year earlier, on revenues of $1.3 billion. That was below the FactSet consensus estimate of about $1.4 billion, but it was more than double the $564 million during last year’s second quarter.</p><p><blockquote>与此同时,希尔顿全球控股公司报告调整后摊薄每股收益为56美分,而去年同期为亏损61美分,营收为13亿美元。这低于FactSet普遍预期的约14亿美元,但比去年第二季度的5.64亿美元高出一倍多。</blockquote></p><p> “The miss was primarily from other revenues and not the fundamental base fees that are more integral to” Hilton, Truist Securities analyst Patrick Scholes wrote in a note.</p><p><blockquote>Truist Securities分析师帕特里克·斯科尔斯(Patrick Scholes)在一份报告中写道:“失误主要来自其他收入,而不是对希尔顿更重要的基本费用。”</blockquote></p><p> Hilton, based in McLean, Va., operates an asset light model. It owns relatively few hotel properties, relying instead on management and franchising fees.</p><p><blockquote>总部位于弗吉尼亚州麦克林的希尔顿采用轻资产模式。它拥有的酒店物业相对较少,而是依赖管理费和特许经营费。</blockquote></p><p> Hilton depends heavily on group and business travel customers, segments that have been hard hit by the pandemic.</p><p><blockquote>希尔顿严重依赖团体和商务旅行客户,这些细分市场受到了疫情的严重打击。</blockquote></p><p> “While the pace of recovery varies by region, particularly with the uncertainty surrounding coronavirus variants, we expect continued strength in leisure demand and further upticks in business travel to drive continued resurgence in the back half of the year,” the company said in its earnings release.</p><p><blockquote>该公司在财报中表示:“虽然复苏步伐因地区而异,特别是考虑到冠状病毒变种的不确定性,但我们预计休闲需求的持续强劲和商务旅行的进一步增加将推动下半年的持续复苏。”发布。</blockquote></p><p> For Hilton and many other lodging companies, how quickly non-leisure business improves is crucial in determining how soon things get back to normal levels.</p><p><blockquote>对于希尔顿和许多其他住宿公司来说,非休闲业务改善的速度对于决定情况多快恢复正常水平至关重要。</blockquote></p><p> Speaking to analyst Thursday morning, Nassetta said the company’s greatest strength has been leisure travel but that it has seen a “significant pickup in business travel” and “significant pickup, while further to go, in the group side.” Group includes events such as conventions, trade shows, and weddings.</p><p><blockquote>纳塞塔周四上午在接受分析师采访时表示,该公司最大的优势是休闲旅行,但“商务旅行显着回升”,“集团方面也显着回升,而且还在进一步发展”。团体包括会议、贸易展览和婚礼等活动。</blockquote></p><p> “And we continue to see that, notwithstanding the Delta variant and all of the things going on,” he said.</p><p><blockquote>“尽管德尔塔变异毒株和所有正在发生的事情,但我们继续看到这一点,”他说。</blockquote></p><p> Nassetta said that as of Wednesday, systemwide occupancy in the U.S. was 74% over the previous seven days. That includes urban markets, which have generally lagged during the recovery.</p><p><blockquote>Nassetta表示,截至周三,美国全系统的入住率较前七天为74%。这包括在复苏过程中普遍落后的城市市场。</blockquote></p><p> “If we’re running at 74%, that’s not leisure,” he said. “While we have a lot of leisure-oriented hotels, we have a lot of business-oriented hotels, and so midweek occupancy at that level is definitely reflective of business travel.”</p><p><blockquote>“如果我们以74%的速度运行,那就不是休闲,”他说。“虽然我们有很多休闲型酒店,但我们也有很多商务型酒店,因此周中的入住率肯定反映了商务旅行。”</blockquote></p><p> The stock has returned about 16% this year through Wednesday. It was at $ 135.08 near midday, for a gain of 5.6%.</p><p><blockquote>截至周三,该股今年的回报率约为16%。临近中午,该股收于135.08美元,涨幅为5.6%。</blockquote></p><p> Systemwide comparable RevPar jumped by more than 200% year over year in the quarter on a currency-neutral basis, which uses exchange rates at the end of a specified period.</p><p><blockquote>在货币中性的基础上(使用指定期末的汇率),本季度全系统可比RevPar同比增长超过200%。</blockquote></p><p> Second-quarter adjusted Ebitda was $400 million, well ahead of the FactSet consensus estimate of $333 million.</p><p><blockquote>第二季度调整后Ebitda为4亿美元,远高于FactSet一致预期的3.33亿美元。</blockquote></p><p> As of June 30, Hilton’s cash and cash equivalents totaled about $1.1 billion against $8.6 billion of consolidated long-term debt. During the second quarter, Hilton repaid the outstanding balance of nearly $1.2 billion on its revolving credit facility.</p><p><blockquote>截至6月30日,希尔顿的现金和现金等价物总额约为11亿美元,而合并长期债务为86亿美元。第二季度,希尔顿偿还了其循环信贷额度中近12亿美元的未偿余额。</blockquote></p><p> Asked about when the company would resume capital returns, notably dividends and share buybacks, Nassetta said he was confident that will occur in the first half of next year.</p><p><blockquote>当被问及公司何时恢复资本回报,特别是股息和股票回购时,纳塞塔表示,他有信心这将在明年上半年实现。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/hotels-earnings-wyndham-hilton-51627576134?mod=hp_DAY_4\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HLT":"希尔顿酒店"},"source_url":"https://www.barrons.com/articles/hotels-earnings-wyndham-hilton-51627576134?mod=hp_DAY_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162879180","content_text":"Second-quarter earnings results for Hilton Worldwide Holdings and Wyndham Hotels & Resorts are the latest example of a marked improvement for the lodging industry, although the crucial business travel segment continues to lag.\nBoth stocks took off on Thursday morning. “We continued to make significant progress toward recovery,” Hilton CEO Christopher Nassetta told analysts.\nWyndham Hotels (ticker: WH) on Wednesday reported second-quarter adjusted diluted earnings of 95 cents a share, up from 10 cents in the corresponding period last year. Net revenues were $406 million, compared with$258 million a year earlier, during the heart of the pandemic.\nThe company, based in Parsippany, N.J., franchises its brands across about 9,000 hotels globally. It is known for economy and midscale offerings such as Super 8, Ramada, and Days Inn.\nGlobal revenue per available room, a key metric known as RevPar, increased by 110% in the quarter year over year but was down 17% from the same period in 2019. RevPar at the company’s economy brands in the U.S. exceeded second-quarter 2019 levels.\nUnlike Hilton Worldwide Holdings (HLT) and Marriott International (MAR), which in normal times have a big business and group travel component, Wyndham relies more heavily on domestic leisure travelers . That is a relatively good place to be during the pandemic.\nThe stock had returned about 20% this year through Wednesday’s close, a little better than the S&P 500’s 18% result. The stock was at $75.35 near midday, up 6.5%.\n“Wyndham’s recovery continues to unfold at a faster-than-expected rate,” Baird analyst Michael Bellisario said in a research note Thursday. He noted that second-quarter earnings before interest, taxes, depreciation and amortization, or Ebitda, came in at $168 million, up from $66 million a year earlier, and the dividend is rising 50% to 16 cents a share.\nHilton Worldwide Holdings, meanwhile, reported adjusted diluted earnings per share of 56 cents, compared with a loss of 61 cents a year earlier, on revenues of $1.3 billion. That was below the FactSet consensus estimate of about $1.4 billion, but it was more than double the $564 million during last year’s second quarter.\n“The miss was primarily from other revenues and not the fundamental base fees that are more integral to” Hilton, Truist Securities analyst Patrick Scholes wrote in a note.\nHilton, based in McLean, Va., operates an asset light model. It owns relatively few hotel properties, relying instead on management and franchising fees.\nHilton depends heavily on group and business travel customers, segments that have been hard hit by the pandemic.\n“While the pace of recovery varies by region, particularly with the uncertainty surrounding coronavirus variants, we expect continued strength in leisure demand and further upticks in business travel to drive continued resurgence in the back half of the year,” the company said in its earnings release.\nFor Hilton and many other lodging companies, how quickly non-leisure business improves is crucial in determining how soon things get back to normal levels.\nSpeaking to analyst Thursday morning, Nassetta said the company’s greatest strength has been leisure travel but that it has seen a “significant pickup in business travel” and “significant pickup, while further to go, in the group side.” Group includes events such as conventions, trade shows, and weddings.\n“And we continue to see that, notwithstanding the Delta variant and all of the things going on,” he said.\nNassetta said that as of Wednesday, systemwide occupancy in the U.S. was 74% over the previous seven days. That includes urban markets, which have generally lagged during the recovery.\n“If we’re running at 74%, that’s not leisure,” he said. “While we have a lot of leisure-oriented hotels, we have a lot of business-oriented hotels, and so midweek occupancy at that level is definitely reflective of business travel.”\nThe stock has returned about 16% this year through Wednesday. It was at $ 135.08 near midday, for a gain of 5.6%.\nSystemwide comparable RevPar jumped by more than 200% year over year in the quarter on a currency-neutral basis, which uses exchange rates at the end of a specified period.\nSecond-quarter adjusted Ebitda was $400 million, well ahead of the FactSet consensus estimate of $333 million.\nAs of June 30, Hilton’s cash and cash equivalents totaled about $1.1 billion against $8.6 billion of consolidated long-term debt. During the second quarter, Hilton repaid the outstanding balance of nearly $1.2 billion on its revolving credit facility.\nAsked about when the company would resume capital returns, notably dividends and share buybacks, Nassetta said he was confident that will occur in the first half of next year.","news_type":1,"symbols_score_info":{"HLT":0.9}},"isVote":1,"tweetType":1,"viewCount":554,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":3,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/806349384"}
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