Hilton reported first-quarter 2026 adjusted EPS of $2.01, beating analyst estimates of $1.96, while revenue of $2.94 billion slightly missed expectations of $2.98 billion. The company raised its full-year guidance on the back of strong performance and strengthening demand trends.

Key Highlights

  • System-wide comparable RevPAR grew 3.6% (currency neutral), significantly outpacing analyst expectations of 1.0-2.0%, driven by gains in both occupancy and average daily rate (ADR).
  • The company achieved net unit growth of 6.3% from the prior year, adding a net 10,900 rooms in the quarter and expanding its development pipeline to a record 527,000 rooms.
  • Hilton raised its full-year 2026 outlook, now projecting system-wide RevPAR growth of 2.0% to 3.0% and Adjusted EBITDA between $4.02 billion and $4.06 billion.