Hilton misses quarterly revenue estimates, warns of Mideast impact
HLT•Hilton reported third-quarter revenue of $3.33 billion, below the $3.37 billion estimate, while adjusted profit rose to $2.45 per share from $2.11. It said U.S. midterm elections and increased Middle East impact could affect fourth-quarter performance, but raised its fiscal 2026 RevPAR growth forecast to 4%-4.5%.
1. Revenue and earnings
Hilton Worldwide Holdings reported third-quarter revenue of $3.33 billion, up 6.6% from a year earlier but below analysts’ $3.37 billion estimate. Adjusted profit rose to $2.45 per share from $2.11 a year earlier, exceeding the $2.36 estimate.
2. Regional performance
Room revenue in the Middle East and Africa fell 5.6% year over year in the quarter ended September 30, while U.S. room revenue rose 7%. RevPAR at Waldorf Astoria and LXR properties increased 13.9% and 14.3%, respectively.
3. Outlook
Hilton said U.S. midterm elections and increased impact from the Middle East could affect fourth-quarter performance. It expects fiscal 2026 RevPAR to grow 4%-4.5%, compared with its previous forecast of 3%-3.5%.
