Hilton Worldwide Holdings (HLT) CEO Chris Nassetta on Q4 2018 Results - Earnings Call Transcript

Feb. 13, 2019 5:16 PM ETHilton Worldwide Holdings Inc. (HLT)
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Hilton Worldwide Holdings (NYSE:HLT) Q4 2018 Results Earnings Conference Call February 13, 2019 10:00 AM ET

Company Participants

Jill Slattery - VP and Head of IR

Chris Nassetta - President and CEO

Kevin Jacobs - EVP and CFO

Conference Call Participants

Joe Greff - JPMorgan

Carlo Santarelli - Deutsche Bank

Harry Curtis - Nomura Instinet

Shaun Kelley - Bank of America Merrill Lynch

Thomas Allen - Morgan Stanley

Wes Golladay - RBC Capital Markets

Stephen Grambling - Goldman Sachs

Robin Farley - UBS

Patrick Scholes - SunTrust

Anthony Powell - Barclays

Bill Crow - Raymond James

Smedes Rose - Citi


Good morning, ladies and gentlemen, and welcome to the Hilton Fourth Quarter and Full Year 2018 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

At this time, I would like to turn the conference over to Jill Slattery, Vice President and Head of Investor Relations. Please, go ahead, ma'am.

Jill Slattery

Thank you, Denise. Welcome to Hilton's fourth quarter 2018 earnings call. Before we begin, we would like to remind you that our discussions this morning will include forward-looking statements. Actual results could differ materially from those indicated in the forward-looking statements, and forward-looking statements made today speak only to our expectations as of today. We undertake no obligation to publicly update or revise these statements. For a discussion of some of the factors that could cause actual results to differ, please see the Risk Factors section of our most recently filed Form 10-K.

In addition, we will refer to certain non-GAAP measures on this call. You can find reconciliations of non-GAAP to GAAP financial measures discussed in today's call in our earnings press release and on our website at ir.hilton.com.

This morning, Chris Nassetta, our President and Chief Executive Officer, will provide an overview of the current

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