Hilton won a 592 m in 2014 621 more

Hilton Worldwide Holdings managed profits of $ 673 million (592,34 million) in the year 2014, representing an increase of 62.1% compared to the previous year, when it recorded 415 million dollars (365,2 million euros), according to the hotel group.

“2014 has been an exceptional year for Hilton”, underlined the Chairman and Managing Director of Hilton Worldwide, Christopher j. Nassetta, who added that the company is optimistic the year 2015 in which expected “solid growth”.

During 2014, income of the hotel chain reached the 10.502 billion dollars (9.242,8 million euros), 7.8% more than the 9.735 million dollars (8.568 million euros) admitted in the previous year.

The company obtained a profit before taxes of 1.147 billion dollars (1.009 billion euros), up 64.3%, while its operating profit stood at the 1.673 million dollars (1.472 million euros), up 51.8%.

Gross operating result (Ebitda) stood at 2.508 billion dollars (2,207 million euros), 13.4% more than the results of a year earlier.

However, in the last quarter, the Group multiplied by six profits to 158 million dollars (139 million euros) compared to 26 million dollars (22.8 million euros) last year.

In this period, the company entered one 6.9% increase, to 2,828 million dollars (2.488 million euros), and made a gross profit of exploitation up 10.7%, to 668 million dollars (587,7 million euros).

Also made a profit operating of 455 million dollars (400 million euros), which means to multiply by five recorded a year earlier.

7.1% more of RevPar

Hilton recorded an increase in average revenue per available room (RevPar) of 7,1%, with increases of 7.4% in the Americas, from 6.1% in Europe, 4.4% of Middle East and Africa and 4.9% from Asia-Pacific.

Moreover, the occupation stood at 74.6%, which is 2.4 percentage points more than a year earlier.

In 2014, the company added to its business 36,000 new rooms, of which 10,000 rooms during the last quarter, increasing 6% franchises.

Looking to 2015, the company plans to increase their RevPar between 5% and 7% and put its gross operating result (Ebitda) 2.790 million to 2,870 million dollars (2.456 million and 2.527 million euros).

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Posted by on Feb 19 2015. Filed under General. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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