Hilton raises full-year RevPAR forecast after Q2 2026 earnings

Hilton Worldwide Holdings raised its full-year forecast for gross per disposable country connected Tuesday, citing beardown request trends and an expected boost from the precocious concluded FIFA World Cup.

The McLean, Virginia-based edifice institution present projects system-wide comparable RevPAR — an manufacture measurement reflecting some occupancy levels and mean regular rates — to summation 3% to 3.5% for fiscal 2026 connected a currency-neutral basis, an upward revision from its earlier guidance of 2% to 3%, the institution said. For the 3rd quarter, Hilton projects RevPAR maturation of astir 4%, reflecting expected benefits from the World Cup held successful the U.S., Canada and Mexico.

For the 3 months ended June 30, system-wide comparable RevPAR roseate 3.9% connected a currency-neutral ground compared with the aforesaid play successful 2025, driven by increases successful some occupancy and mean regular rates. Net income for the 4th was $482 million, up from $442 cardinal a twelvemonth earlier. Adjusted EBITDA was $1,054 million, compared with $1,008 cardinal successful the 2nd 4th of 2025. Total gross reached $3.34 billion, up from $3.14 cardinal a twelvemonth earlier.

Diluted net per stock came successful astatine $2.10 for the quarter, up from $1.84 a twelvemonth earlier. Adjusted diluted EPS reached $2.29 for the quarter, up from $2.20 successful the 2nd 4th of 2025.

"We delivered beardown apical and bottom-line results for the 2nd quarter, driven by the continuation of strengthening request trends and broad-based momentum crossed our system, which we expect to proceed for the remainder of the twelvemonth and into 2027," President and Chief Executive Officer Christopher J. Nassetta said successful a statement.

One resistance connected results came from the Middle East and Africa region, wherever RevPAR dropped 29.5% successful the 2nd 4th compared with the aforesaid play past year, reflecting the interaction of ongoing determination conflicts connected question demand.

Looking to the 4th quarter, Hilton said its outlook is tempered by unfavorable calendar shifts and the U.S. midterm elections.

For the afloat year, the institution projects nett income betwixt $1,883 cardinal and $1,911 million, and adjusted EBITDA betwixt $4,040 cardinal and $4,080 million. Hilton besides expects nett portion maturation of 6% to 7% successful 2026, with the 2nd fractional of the twelvemonth expected to outperform the archetypal half. The company's improvement pipeline stood astatine 541,300 rooms arsenic of June 30, representing 6% maturation from a twelvemonth earlier.

Hilton repurchased 2.9 cardinal shares of communal banal during the 2nd 4th astatine an mean terms of $326.99 per share, bringing full superior instrumentality including dividends to $966 cardinal for the quarter. Full-year superior instrumentality is projected to beryllium astir $3.5 billion.