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News

Hilton third quarter profit increased 51%

  • Source:Interface
  • Release on :2015-12-08

Overall, the company's third-quarter profit of $ 279 million, earnings per share of 28 cents. A year earlier profit of $ 187 million, or 19 cents per share together.

October 28, Hilton announced three quarterly, third-quarter net profit rose 51 percent, boosted by good demand. The company also narrowed its full-year net profit forecast.

The company now expects full-year earnings per share of 81-83 cents previously expected given the 80-84 cents per share. Hilton expects fourth-quarter earnings per share of 21-23 cents. After adjusting for foreign exchange, the company expects fourth-quarter total revenue per available room increased by 4% -6%.

After adjusting for foreign exchange in the third quarter ending in September, the Hilton revenue per available room increased by 5.8%. The company previously expected growth of 4.5 percent is given to -6.5%.

Overall, the company's third-quarter profit of $ 279 million, earnings per share of 28 cents. A year earlier profit of $ 187 million, or 19 cents per share together. After adjustments according to the specific project, quarter profit of $ 230 million, earnings per share of 23 cents.

The company in July gives third-quarter earnings per share is expected to be 21-23 cents. Previously accepted Analysts surveyed by Thomson Reuters expected $ 2.87 billion revenue quarter. Quarter spending increased 10.1%. Hilton third quarter overall occupancy rate of 79.9%, compared with the same period last year increased by 1.2 percentage points, all regions have achieved growth.