Hilton 2026 First Quarter Results

Hilton Reports 2026 First Quarter Results; Raises Full Year Outlook

Hilton Worldwide Holdings Inc. reported its first quarter 2026 results.

First Quarter 2026 Results
- Diluted EPS: $1.66; adjusted EPS (excluding special items): $2.01
- Net Income: $383 million
- Adjusted EBITDA: $901 million
- RevPAR Growth: System-wide comparable RevPAR up 3.6% (currency neutral) vs. Q1 2025
- Development Pipeline: Approved 26,200 new rooms, bringing pipeline to 527,000 rooms (+5% YoY)
- Openings: Added 16,300 rooms, net growth of 10,900 rooms (+6.3% YoY)

Strategic Moves
- New Brand Launch: Select by Hilton announced in March 2026, blending Hilton reliability with independent brand creativity.
- First partner: YOTEL, joining under an exclusive agreement.
- Capital Return: Repurchased 2.7 million shares; total capital return of $860 million in Q1 and $1.084 billion YTD through April.

Full-Year 2026 Outlook (Raised)
- RevPAR Growth: Projected +2.0% to +3.0% (currency neutral) vs. 2025
- Net Income: $1.909–$1.937 billion
- Adjusted EBITDA: $4.02–$4.06 billion
- Capital Return: ~$3.5 billion expected for the year

Hilton is signaling strong momentum with both financial performance and brand innovation.

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