Highlights include:

• Diluted EPS was $0.89 for the second quarter, a 25 percent increase from the same period in 2018, and diluted EPS, adjusted for special items, was $1.06, a 23 percent increase from the same period in 2018
• Net income for the second quarter was $261 million, a 20 percent increase from the same period in 2018, exceeding the high end of guidance
• Adjusted EBITDA for the second quarter was $618 million, an 11 percent increase from the same period in 2018, exceeding the high end of guidance
• System-wide comparable RevPAR increased 1.4 percent on a currency neutral basis for the second quarter from the same period in 2018
• Approved 28,100 new rooms for development during the second quarter, growing Hilton's development pipeline to approximately 373,000 rooms as of June 30, 2019
• Opened 17,100 rooms in the second quarter, contributing to 15,700 net additional rooms, on track to deliver approximately 6.5 percent net unit growth for the full year
• Repurchased 4.2 million shares of Hilton common stock during the second quarter, bringing total capital return, including dividends, to approximately $426 million for the quarter and $766 million year to date through June
• Issued $1.0 billion aggregate principal amount of 4.875% Senior Notes due 2030 and repaid $500 million on the Term Loans, bringing the outstanding balance down to $2.6 billion
• Refinanced and extended the senior secured credit facilities, upsizing the Revolving Credit Facility to $1.75 billion and lengthening Hilton's weighted average maturity to over seven years
• Full year system-wide comparable RevPAR is expected to increase between 1.0 percent and 2.0 percent on a currency neutral basis; full year net income is projected to be between $887 million and $909 million; full year Adjusted EBITDA is projected to be between $2,280 million and $2,310 million
• Full year 2019 capital return is projected to be between $1.5 billion and $1.8 billion

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