Hilton Raises Full-Year Revenue Forecast on Strong Travel Demand
Hilton Worldwide Holdings Inc. increased its full-year revenue-per-available-room (RevPAR) forecast after first-quarter results exceeded the company's prior expectations. The hotel operator now anticipates RevPAR growth of 2.0% to 4.0% for 2025, up from the previous range of 1.0% to 3.0%. The upward revision reflects sustained strength in global travel demand, particularly in leisure and business segments. First-quarter RevPAR rose 3.5% year-over-year, beating Hilton's guidance of 2.0% to 3.0%. The company also reported net income of $345 million for the quarter, compared to $310 million a year earlier. Adjusted earnings per share came in at $1.53, surpassing analyst estimates of $1.44. Hilton's CEO Christopher Nassetta cited robust consumer spending on travel and a favorable macroeconomic environment as key drivers. The company added 12,700 new rooms during the quarter, contributing to its development pipeline of 482,000 rooms. Hilton's stock rose 2.3% in pre-market trading following the announcement.
Key facts
- Hilton raised its full-year RevPAR forecast to 2.0%-4.0% from 1.0%-3.0%
- First-quarter RevPAR grew 3.5% year-over-year, above guidance of 2.0%-3.0%
- First-quarter net income was $345 million, up from $310 million a year ago
- Adjusted EPS of $1.53 beat analyst consensus of $1.44
- CEO Christopher Nassetta cited strong travel demand and favorable macro environment
- Hilton added 12,700 new rooms in Q1
- Development pipeline stands at 482,000 rooms
- Stock rose 2.3% in pre-market trading
Entities
Institutions
- Hilton Worldwide Holdings Inc.
Sources
- Quartz —