EarningsHLT delivered upside to EBITDA/EPS with better RevPAR, O&L strength, and lower G&A.
Financial PerformanceHilton's 4Q EBITDA was particularly impressive with over 107.8% flow-through ex. contra revenues, which is significantly better than the previous year.
Long-term GrowthFY25 adjusted EBITDA is slightly better than expected, indicating strong long-term fundamentals for Hilton.