Hilton has raised its full-year outlook following a strong start to 2026.
The hotel giant reported its first quarter results on Tuesday, revealing diluted EPS of $1.66 for the first quarter, and diluted EPS, adjusted for special items, of $2.01. Both figures were up from $1.23 and $1.72, year-over-year, respectively.
Net income reached $383 million for the first quarter, adjusted EBITDA was $901 million and system-wide comparable RevPAR increased 3.6 percent, on a currency neutral basis, for the first quarter compared to the same period in 2025, Hilton said.
Based on the opening quarter—which saw it launch a new brand in Select by Hilton with partner YOTEL—Hilton projects full year 2026 system-wide RevPAR to increase between 2 percent and 3 percent compared to 2025, up from the previous forecast of 1 to 2 percent.
Additionally, full year 2026 capital return is projected to be approximately $3.5 billion.
"We delivered great top and bottom-line results for the quarter with RevPAR growth across all chain-scales and brands and customer segments," Hilton President and CEO Christopher Nassetta said in a statement.
"The results demonstrate a continuation of strengthening demand trends we’ve seen since late 2025 that are supported by macroeconomic tailwinds most evident in the U.S.," he added. "On the development side, we achieved the largest pipeline in our history, and we remain confident in our ability to deliver net unit growth of 6.0 percent to 7.0 percent in 2026 and beyond."
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