🔹 Adj EPS: $2.45 (Est. $2.37) 🟢
🔹 Revenue: $6.43B (Est. $6.38B) 🟢; UP +5% YoY
🔹 Adj EBITDA: $1.29B (Est. $1.25B) 🟢; UP +7% YoY
Q1'25 Guidance:
🔹 Adjusted EPS: $2.20-$2.26 (Est. $2.37) 🔴
🔹 RevPAR Growth: +3%-4% YoY
FY25 Guidance:
🔹 Adjusted EPS: $9.82-$10.19 (Est. $10.63) 🔴
🔹 RevPAR Growth: +2%-4% YoY
🔹 Adjusted EBITDA: $5.30B-$5.44B
Quarterly Operational Highlights:
🔹 Worldwide RevPAR: +5% YoY
🔹 U.S. & Canada RevPAR: +4.1% YoY
🔹 International RevPAR: +7.2% YoY
🔹 Net Rooms Growth: +6.8% YoY; Record gross room additions of 123,000
Fee Revenue:
🔹 $1.33B; UP +7% YoY
🔹 Base Management Fees: $333M; UP +4% YoY
🔹 Franchise Fees: $795M; UP +13% YoY
🔹 Incentive Management Fees: $206M; DOWN -6% YoY
Other Revenue:
🔹 Owned, Leased, and Other Revenue: $100M; DOWN -8% YoY
Strategic and Shareholder Updates:
🔸 Development Pipeline: Nearly 3,800 properties and 577,000 rooms globally
🔸 Capital Returns: $4.4B returned to shareholders in FY24, including $3.7B in share repurchases
🔸 Debt Position: Total debt of $14.4B; cash and equivalents of $0.4B