Hilton’s Q2 Revenue Up 18.75%, China New Room Signings Tripled

Aug 04, 2023

Hilton Worldwide Holdings Inc. (referred to as “Hilton”) released its second-quarter performance report for 2023 ending on June 30th. The group’s revenue surged by 18.75% YoY to $2.66 billion, while net income attributable to shareholders increased by 11.68% YoY to $411 million. The adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) reached approximately $811 million, marking a 19.4% YoY growth.
The second-quarter results also highlighted the following key points:

Occupancy rates of comparable system-wide hotels increased by 4.2 percen …