Hilton Adjusts Annual Forecast Amid World Cup Demand Surge
WHO:
Yahoo Finance Australia - Hilton Worldwide Holdings (NYSE:HLT) is the company involved.
Yahoo Finance - Hilton Worldwide Holdings Inc (NYSE:HLT) is the company involved.
WHAT:
Yahoo Finance Australia - Hilton raised its full year profit forecast and RevPAR outlook.
Yahoo Finance - Hilton now expects full-year adjusted earnings per share of $8.89 to $9.01, up from $8.79 to $8.91 previously.
Yahoo Finance - Full-year adjusted EBITDA is projected at $4.04 billion to $4.08 billion, above the prior range of $4.02 billion to $4.06 billion.
Yahoo Finance - Full-year net income guidance was trimmed to $1.88 billion to $1.91 billion from $1.91 billion to $1.94 billion.
Yahoo Finance - For the second quarter, Hilton posted adjusted earnings of $2.29 per share, topping estimates of $2.27.
Yahoo Finance - Adjusted EBITDA for the second quarter was $1.05 billion, ahead of the $1.04 billion expected.
Yahoo Finance - Third-quarter adjusted earnings are forecasted at $2.28 to $2.34 per share, below the $2.42 analysts had projected.
Yahoo Finance - Adjusted EBITDA for the third quarter is guided to $1.035 billion to $1.055 billion versus estimates of $1.08 billion.
Yahoo Finance - Updated full-year guidance calls for system-wide comparable RevPAR growth of 3% to 3.5%, up from 2% to 3%.
Yahoo Finance - Hilton's development pipeline grew 6% year-over-year to 541,300 rooms, with nearly half under construction.
Yahoo Finance - The company opened 207 hotels during the quarter, adding 21,600 rooms net.
WHERE:
Yahoo Finance - The development pipeline includes more than half of the rooms located outside the US.
WHEN:
Yahoo Finance - The company is guiding to full year diluted EPS of US$8.22 to US$8.35.
Yahoo Finance - Capital returns for the year remain projected at approximately $3.5 billion.
WHY:
Yahoo Finance Australia - Management linked the new guidance to strong demand trends and the expected impact of the upcoming FIFA World Cup.
Yahoo Finance - Management stated that third-quarter RevPAR growth of about 4% is expected on a constant currency basis, aided by the World Cup.
HOW:
Yahoo Finance Australia - Hilton is adjusting its outlook based on anticipated visitor traffic around host cities across North America due to the World Cup.
Yahoo Finance - The company is continuing capital returns, with a US$0.15 quarterly dividend and US$932 million of buybacks in the second quarter.
(UPDATED July 29, 2026 13:35 UTC)
Hilton Worldwide Holdings has raised its full-year profit forecast and RevPAR outlook, now expecting adjusted earnings per share between $8.89 and $9.01, up from a previous range of $8.79 to $8.91. The company reported second-quarter adjusted earnings of $2.29 per share, surpassing estimates, and anticipates third-quarter adjusted earnings between $2.28 and $2.34 per share, which is below analyst projections. Management attributes the updated guidance to strong demand trends and the expected impact of the upcoming FIFA World Cup, with third-quarter RevPAR growth of about 4% anticipated on a constant currency basis.