Hilton Worldwide reports second quarter 2015 net income of $161 million compared to $209 million for same year-ago period.

Other highlights include:

• EPS, adjusted for special items, for the second quarter was $0.25, a 19 percent increase from the same period in 2014; without adjustments, EPS was $0.16

• Net income attributable to Hilton stockholders for the second quarter was $161 million

• Adjusted EBITDA for the second quarter increased 15 percent from the same period in 2014 to $777 million, and Adjusted EBITDA margin increased 320 basis points

• System-wide comparable RevPAR increased 5.2 percent for the second quarter on a currency neutral basis from the same period in 2014

• Management and franchise fees for the second quarter increased 17 percent from the same period in 2014 to $434 million

• Net unit growth was over 11,000 rooms in the second quarter, a 56 percent increase from the same period in 2014

• Approved 24,000 new rooms for development during the second quarter, growing Hilton’s development pipeline to 1,510 hotels, consisting of more than 250,000 rooms, as of June 30, 2015

• Reduced long-term debt by $175 million during the second quarter; additional $350 million prepayment on senior secured loan facility borrowings in July 2015, for a total reduction of $750 million through July 2015

• Initiated regular quarterly cash dividend with the announcement on July 29, 2015 of a dividend of $0.07 per share to be paid on or before September 25, 2015

• Increased outlook for full year Adjusted EBITDA to between $2,820 million and $2,870 million, an increase of $20 million at the midpoint adjusting for the sale of the Hilton Sydney

To view full second quarter financial results please visit:

http://news.hiltonworldwide.com/assets/HWW/docs/2015/Q3/Q22015EarningsRelease_FINAL.PDF

Choice Hotels International reports a 7% increase in second quarter domestic RevPAR and new executed domestic franchise agreements increase 11%

Second quarter highlights include:

•Revenues for the three months ended June 30, 2015 totaled $232.2 million, an increase of 17 percent from the same period of 2014.

•Domestic hotel executed franchise agreements totaled 139 for the three months ended June 30, 2015, an increase of 11 percent from the same period of 2014.

•New domestic hotel franchise agreements executed in the second quarter of 2015 for the Comfort family of brands increased 67 percent over the same period of the prior year with nearly 60 percent of agreements representing new construction hotels.

•Executed 5 new domestic franchise agreements during the three months ended June 30, 2015 for the Cambria hotels & suites brand expanding to new markets including Philadelphia, PA and Memphis, TN.

•Domestic relicensing and contract renewal transactions totaled 85 for the three months ended June 30, 2015, an increase of 13 percent from the same period of 2014.

•The company’s new construction domestic pipeline of hotels under construction or approved for development increased 30 percent from June 30, 2014, and the total pipeline increased 22 percent. The increase in the new construction hotel pipeline was led by the company’s Comfort family of brands which increased 44 percent over the same period of the prior year.

•Franchising revenues for the three months ended June 30, 2015, totaled $98.6 million, an increase of 5 percent from the same period of 2014.

•Domestic royalty fees for the three months ended June 30, 2015, totaled $75.8 million, an increase of 6 percent from the same period of 2014.

•Domestic system-wide revenue per available room (“RevPAR”) increased 6.7 percent in the second quarter of 2015, as occupancy and average daily rates increased 170 basis points and 3.8 percent, respectively from the same period of 2014.

•Domestic units increased 0.3 percent from June 30, 2014.

•Earnings before interest, taxes, depreciation and amortization (“EBITDA”) from franchising activities for the three months ended June 30, 2015, totaled $69.8 million, an increase of 5 percent from the same period of 2014.

•Diluted earnings per share (“EPS”) from continuing operations for the three months ended June 30, 2015, totaled $0.62, an increase of 3 percent from the same period of 2014.

•On July 21, 2015, the company completed the refinancing of its existing $350 senior secured credit facility with a new five year, $450 million senior unsecured revolving credit facility.

To view full second quarter financial results please visit:

http://media.choicehotels.com/phoenix.zhtml?c=217856&p=irol-newsArticle&ID=2072188

Hersha Hospitality Trust reports second quarter 2015 net income of $15.6 million compared to net income of $53.3 million in second quarter 2014.

Second quarter highlights:

– Comparable Portfolio RevPAR Growth of 5.8%

– Consolidated Portfolio RevPAR Growth of 7.9%

– Hotel EBITDA Growth of 15.7%

– Repurchases 1.5 Million Common Shares for $37.6 Million

– Increases 2015 RevPAR and Earnings Expectations

To view full second quarter financial results please visit:

http://www.snl.com/irweblinkx/file.aspx?IID=4019891&FID=30460142