Overview
- Hilton’s third quarter beat expectations, delivering $3.12 billion in revenue and adjusted EPS of $2.11 on roughly $421 million in net income.
- Comparable RevPAR fell 1.1% system-wide and 2.3% in the U.S. at Hilton, while luxury brands LXR, Conrad and Waldorf Astoria posted RevPAR gains.
- Hilton cut its 2025 RevPAR view to flat to up 1% but raised full-year EPS guidance and outlined about $3.3 billion in capital returns for 2025.
- Peer updates highlighted the split: IHG’s global RevPAR edged up 0.1% with softer Americas results, whereas Wyndham’s fell 5% and its full-year outlook was reduced.
- CoStar’s latest weekly data showed slight U.S. RevPAR slippage with sharp local swings, including a San Francisco surge tied to Dreamforce and declines in Tampa and Miami.