- Hilton’s Q2 RevPAR rose 3.9 percent YoY.
- Net income reached $482 million.
- The company added 24,100 rooms.
HILTON WORLDWIDE HOLDINGS Inc. reported a 3.9 percent increase in systemwide comparable RevPAR for the second quarter ended June 30, compared with the same period in 2025. The increase was driven by higher occupancy and ADR, while net income reached $482 million.
The company added 24,100 rooms to its system during the quarter, resulting in 21,600 net room additions, Hilton said in a statement. It opened 207 hotels, with room openings up 50 percent from the first quarter. Net unit growth reached 6.1 percent compared with June 30, 2025.
“We delivered strong top- and bottom-line results for the second quarter, driven by the continuation of strengthening demand trends and broad-based momentum across our system, which we expect to continue for the remainder of the year and into 2027,” said Christopher Nassetta, Hilton president and CEO. “Our disciplined development strategy continues to drive strong results, with openings and approvals both increasing 50 percent sequentially from the first quarter and our pipeline ending the quarter at a record level. We remain confident in our ability to deliver net unit growth of 6 percent to 7 percent in 2026 and beyond.”
Additionally, it approved 42,900 rooms for development during the quarter, taking its pipeline to 541,300 rooms across 3,853 hotels in 132 countries and territories as of June 30. Nearly half of pipeline rooms were under construction and more than half were outside the U.S.
Development activity included the opening of Conrad Athens The Ilisian, Hilton’s luxury brand debut in Greece, and Slohh by Roach Bengaluru, Curio Collection by Hilton, marking the brand’s debut in India.
Hilton opened the first three Apartment Collection by Hilton properties in Salt Lake City, Austin and Atlanta. The company also signed Waldorf Astoria Miami Beach and Umfolozi River Hotel, Tapestry Collection by Hilton, in South Africa.
2026 outlook
Adjusted EBITDA was $1.054 billion for the quarter, compared with $1.008 billion in the year-ago period, Hilton said. Diluted EPS was $2.10 and adjusted diluted EPS was $2.29. Management and franchise fee revenues increased 6.4 percent.
For full-year 2026, Hilton expects systemwide comparable RevPAR to increase 3 percent to 3.5 percent on a currency-neutral basis compared with 2025. The company projects net income of $1.883 billion to $1.911 billion and Adjusted EBITDA of $4.040 billion to $4.080 billion.
The company expects net unit growth of 6 percent to 7 percent in 2026, with the second half expected to exceed the first half. Capital return is projected at approximately $3.5 billion, while contract acquisition costs and capital expenditures, excluding third-party reimbursements, are expected to be approximately $300 million.
For the third quarter, Hilton projects systemwide comparable RevPAR to increase approximately 4 percent compared with the third quarter of 2025. Net income is projected at $502 million to $516 million, while Adjusted EBITDA is expected at $1.035 billion to $1.055 billion.
In July, Hilton reported progress toward its 2030 environmental and social impact goals, reducing carbon emissions, water use and waste across its hotel portfolio. The company is also expanding social impact through team member actions in communities they serve.
