UPDATE 5-Hilton forecast disappoints, Marriott profit beats

Wed Feb 18, 2015 6:29pm EST
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* Hilton expects 1st-qtr earnings/shr $0.10-$0.12 vs est. $0.15

* Sees 2015 earnings/shr $0.78-$0.83 vs. est. $0.85

* Marriott International beats estimate on higher RevPAR

* Hyatt Hotels 4th-qtr revenue also hurt by strong dollar (Adds Marriott International results, shares)

By Ankit Ajmera

Feb 18 (Reuters) - Hilton Worldwide Holdings Inc, owner of the Waldorf Astoria hotel brand, forecast lower-than-expected earnings for the first quarter as a strong dollar makes it more expensive for foreigners to travel to the United States.

Hilton expects "recent sharp movements" of the dollar against the euro, Australian dollar and yen to hurt adjusted earnings before interest, tax, depreciation and amortization by $35 million-$45 million, CFO Kevin Jacobs said.

Hilton and rival Marriott International Inc reported a rise in fourth-quarter RevPAR, a key metric for the hotel industry.

Marriott's international systemwide RevPAR rose just 0.5 percent. On a constant currency basis, however, international RevPAR rose 4.6 percent.   Continued...