Hilton Raises 2026 RevPAR Outlook After Second-Quarter Beat

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Hilton Worldwide Holdings raised its full-year 2026 system-wide RevPAR growth outlook to 3% to 3.5% from the prior 2% to 3% forecast after second-quarter comparable RevPAR rose 3.9% year over year, exceeding the modeled 2.1% gain. The company also reported net unit growth of 6.1% and a record development pipeline of 541,300 rooms, with conversions expected to account for approximately 40% of full-year openings. However, total debt increased to $13.44 billion as of June 30, 2026, and second-quarter interest expense climbed to $183 million from $151 million a year earlier, while renovation projects are expected to reduce 2026 adjusted EBITDA by approximately $20 million to $25 million. Regional performance remained uneven, with U.S. RevPAR up 5.4% but Middle East and Africa RevPAR down 29.5% and China RevPAR down 2.2%. The stock currently carries a Zacks Rank of 3, or Hold.

Impact on stocks 2

Consumer Discretionary · 2 stocks