Hilton presents development pipeline of approximately 543,000 rooms
HLT•HLT•HLT•HLT•Hilton outlined a pipeline of about 543,000 rooms, nearly half under construction. It said the stabilized pipeline could generate illustrative adjusted EBITDA of about $1 billion and illustrative value creation of about $20 billion.
Hilton said its development pipeline includes about 543,000 rooms, with nearly half under construction. Committed pipeline investment totals about $715 million, and roughly 90% of rooms require no contract acquisition costs; the stabilized pipeline could generate illustrative adjusted EBITDA of about $1 billion and illustrative value creation of about $20 billion.
Fee revenues account for approximately 95% of adjusted EBITDA, with franchise and licensing fees representing about 80% of total fees. Net debt is $12.6 billion, and net leverage is 3.2 times adjusted EBITDA.
