Report
Dan Wasiolek
EUR 101.80 For Business Accounts Only

Hilton's brand advantage continues to strengthen, aided by loyalty, innovation, and direct campaign.

Hilton’s brand continues to strengthen in a healthy travel environment, evident by its robust room pipeline of 335,000 rooms, up 13% from the prior-year period. We plan to lift our $73 fair value estimate $2-$3 to account for the time value of money and higher 2018 revPAR estimates as we move the end of this hotel cycle out one year to 2019. We see shares as fairly valued trading at 15 times our 2018 EV/EBITDA multiple.
We don’t expect much change to our 2017 revPAR 2% growth forecast, after the...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Dan Wasiolek

Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch