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HILTON WORLDWIDE HOLDINGS reported a 1.4 percent increase in systemwide comparable RevPAR, on a currency-neutral basis, for the third quarter compared to the same period in 2023. Net income for the period was $344 million. The company also opened 531 hotels totaling 36,600 rooms, adding 33,600 net rooms to its system, which Hilton stated marks a record net unit growth of 7.8 percent year-over-year. "We were pleased to deliver continued strong bottom-line results that exceeded our guidance, despite slower top-line growth driven by modestly slower macro trends, weather impacts, and unfavorable calendar shifts," said Christopher Nassetta, Hilton's president and CEO. "We continued to demonstrate the strength of our model, opening more rooms than any other quarter in our history, surpassing 8,000 hotels and achieving net unit growth of 7.8 percent."

HILTON WORLDWIDE HOLDINGS reported net income of $422 million for the second quarter ending June 30, up from $413 million last year. The development pipeline grew 15 percent year-over-year to 3,870 hotels with 508,300 rooms, an 8 percent increase from the previous quarter. Systemwide RevPAR rose 3.5 percent year-over-year due to higher occupancy and ADR. "We are pleased to report a solid second quarter, with an increase in RevPAR of 3.5 percent, driven by growth in all segments, with particularly strong group performance," said Christopher Nassetta, Hilton's president and CEO. "On the development side, we ended the quarter with a record development pipeline, up 15 percent from the prior year and up 8 percent sequentially from the first quarter, including strategic partner hotels. Looking forward to the rest of the year, with the continued growth of our existing brands, as well as the addition of our new brands and strategic partner hotels, we expect net unit growth of 7 percent to 7.5 percent for the full year." Adjusted EBITDA for the three months ended June 30 was $917 million, up from $811 million in 2023, Hilton said. Management and franchise fee revenues increased by 10 percent year-over-year. In the US, second-quarter occupancy rose by 1.1 percentage points to 76.8 percent, ADR increased by 1.4 percent to $172.36, and RevPAR climbed 2.9 percent to $132.33.