- Hilton reported $298 million net income for the fourth quarter.
- It added 26,000 rooms in the fourth quarter, totaling 97,000 for the year.
- Net income for 2026 is forecast at $1.982 billion to $2.011 billion.
HILTON WORLDWIDE HOLDINGS Inc. reported net income of $298 million for the fourth quarter ending Dec. 31 and $1.461 billion for the full year. Systemwide comparable RevPAR rose 0.5 percent in the fourth quarter and 0.4 percent for the full year on a currency-neutral basis versus 2024.
The company added 26,000 rooms in the fourth quarter, bringing full-year openings to 97,000 and net unit growth to 6.7 percent compared to the previous year, Hilton said in a statement. It approved 37,400 new rooms for development in the fourth quarter, bringing its pipeline to 520,500 rooms across 3,703 hotels in 129 countries and territories. About half of the rooms are under construction and more than half are outside the U.S.
“We delivered another quarter of strong bottom-line results, demonstrating the continued strength of our business model,” said Christopher Nassetta, Hilton’s president and CEO. “As we look ahead to 2026, we are increasingly optimistic about the tailwinds building, including improving demand patterns, driven by broader macroeconomic growth and major global and domestic events, which, when paired with limited supply growth, should result in stronger RevPAR performance. The quality of our development pipeline, the introduction of our exciting new brands and partnerships, as well as the continued growth in the presence of our existing brands globally, give us confidence in delivering net unit growth between 6 percent and 7 percent in 2026 and beyond.”
Hilton reported adjusted EBITDA of $946 million for the quarter and $3.725 billion for the full year, the statement said. Diluted EPS was $1.27 for the quarter and $6.12 for the year, while adjusted diluted EPS was $2.08 and $8.11, respectively.
The company launched a new brand, Apartment Collection, in January 2026 and expanded its Hilton Honors Adventures program in December. The new Apartment Collection brand is expected to add up to 3,000 units, with bookings starting in the first half of 2026. Its first Outset Collection opened at Slackline Moab and ACME Hotel Chicago.
In October, Hilton reached 9,000 hotels worldwide with the opening of Signia by Hilton La Cantera Resort & Spa in San Antonio, Texas, averaging nearly three openings per day since passing 8,000 a year ago.
2026 Outlook
For 2026, Hilton projects systemwide comparable RevPAR on a currency-neutral basis to rise 1 percent to 2 percent from 2025, the statement said. Diluted EPS is expected at $8.49 to $8.61, with adjusted diluted EPS at $8.65 to $8.77. Net income is forecast at $1.982 billion to $2.011 billion and adjusted EBITDA at $4.000 billion to $4.040 billion. Net unit growth is projected at 6 percent to 7 percent.
For the first quarter of 2026, Hilton expects systemwide comparable RevPAR to rise 1 percent to 2 percent from the same quarter in 2025. Diluted EPS is projected at $1.87 to $1.93, with adjusted diluted EPS at $1.91 to $1.97. Net income is expected at $436 million to $450 million and adjusted EBITDA at $875 million to $895 million.
Nassetta said the company’s global expansion and development pipeline are key drivers of growth.
“The quality of our development pipeline, the introduction of our exciting new brands and partnerships, as well as the continued growth in the presence of our existing brands globally, give us confidence in delivering net unit growth between 6 percent and 7 percent in 2026 and beyond,” he said.
Separately, Marriott International reported worldwide RevPAR rose 1.9 percent in the fourth quarter and 2 percent for 2025, with a development pipeline of 4,100 properties and nearly 610,000 rooms.
