Hilton Raises 2026 RevPAR Forecast to 2–3%, Lifts EPS Guidance to $8.79–$8.91
Hilton raised its 2026 system-wide RevPAR growth forecast to 2–3% from 1–2% and lifted full-year adjusted EPS guidance to $8.79–$8.91, following Q1 RevPAR growth of 3.6% driven by a 67.4% occupancy and $157.14 average daily rate. Net income rose to $383 million on $2.94 billion revenue while adjusted EBITDA expanded to $901 million and Hilton projected 6–7% full-year unit growth supported by a record 527,000-room, 3,768-hotel development pipeline.
1. Q1 Results and Guidance Revisions
Hilton reported Q1 system-wide RevPAR growth of 3.6% on a currency-neutral basis, with occupancy at 67.4% and an average daily rate of $157.14. The company raised its full-year RevPAR forecast to 2–3% from 1–2% and lifted adjusted EPS guidance to $8.79–$8.91 for 2026.
2. Financial Performance
Net income reached $383 million on $2.94 billion in revenue, while adjusted EBITDA rose to $901 million with margins expanding to 75.3%. Hilton returned $860 million to shareholders in Q1 through share repurchases and dividends and projects roughly $3.5 billion in total capital returns for the full year.
3. Development Pipeline and Unit Growth
Hilton projected 6–7% net unit growth in 2026, driven by a record pipeline of 527,000 rooms across 3,768 hotels in 129 countries. Almost half of the rooms are under construction, and more than half are located outside the U.S., marking the largest pipeline in company history.