Hilton Worldwide on July 28 reported second-quarter 2026 results with diluted EPS of $2.10 and adjusted diluted EPS of $2.29, and net income of $482 million. Adjusted EBITDA for the quarter was $1,054 million and system-wide comparable RevPAR rose 3.9% on a currency-neutral basis. The company reiterated net unit growth guidance and projected full-year 2026 adjusted EBITDA of $4.04–$4.08 billion.

Financial Highlights

  • Total revenues (three months ended June 30, 2026): $3,341 million (as reported).
  • Diluted earnings per share: $2.10 for Q2 2026; diluted EPS, adjusted for special items: $2.29.
  • Net income attributable to Hilton stockholders: $482 million for Q2 2026.
  • Adjusted EBITDA: $1,054 million for Q2 2026.
  • Outlook — Full year 2026: diluted EPS projected $8.22–$8.35; diluted EPS adjusted for special items projected $8.89–$9.01; Adjusted EBITDA projected $4,040–$4,080 million; capital return projected ≈ $3.5 billion.

Business Highlights

  • System-wide comparable RevPAR increased 3.9% on a currency-neutral basis for the quarter, driven by higher occupancy and ADR.
  • Development momentum: approved 42,900 new rooms in Q2, bringing the development pipeline to 541,300 rooms across 132 countries and territories as of June 30, 2026; nearly half of pipeline rooms were under construction.
  • Net unit growth: added 24,100 rooms (207 hotel openings) during the quarter, resulting in 21,600 net additional rooms and 6.1% net unit growth year-over-year as of June 30, 2026.
  • Brand expansion and launches: announced new lifestyle brand Undergraduate by Hilton (upper‑midscale) targeting college and university markets; notable openings include Conrad Athens and Curio Collection debut in India.
  • Balance sheet and liquidity actions: issued $1.0 billion of 5.500% Senior Notes due 2031 in May 2026; repaid $450 million under revolving credit facility and ended the quarter with no outstanding borrowings on the facility and ~$1.06 billion in cash and equivalents.

Original SEC Filing:

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