Home > > Hilton: China RevPAR falls 5% in Q2

Hilton: China RevPAR falls 5% in Q2

08/08/2024| 3:25:42 PM| ChinaTravelNews

Full-year 2024 system-wide RevPAR is projected to increase between 2.0 percent and 3.0 percent.

For the second quarter, Hilton’s net income was $422 million, and adjusted EBITDA was $917 million.

System-wide comparable RevPAR increased 3.5 percent, on a currency-neutral basis, compared to the same period in 2023.

But China's RevPAR fell by 5% in the quarter. This was mainly due to the slow recovery of domestic travel and the limited number of international visitors, negatively impacting performance.

TAGS: Hilton | financial report | RevPAR
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