Hilton Reports Strong Q3 2026 Results
Hilton Worldwide Holdings Inc. reported solid third-quarter 2026 performance, driven by continued growth in revenue per available room (RevPAR), hotel development activity, and shareholder returns.
Financial Performance
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Diluted EPS: $2.37
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Adjusted Diluted EPS: $2.45
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Net Income: $536 million
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Adjusted EBITDA: $1.058 billion
Operating Performance
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System-wide comparable RevPAR increased 5.8% year-over-year on a currency-neutral basis, reflecting continued demand across Hilton's global portfolio.
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Hilton added 27,000 rooms during the quarter, resulting in 23,000 net additional rooms.
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Net unit growth reached 6.0% compared with September 30, 2025.
Development Pipeline
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The company approved 30,500 new rooms for development during Q3.
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Hilton's total development pipeline reached 543,100 rooms as of September 30, 2026, representing 5% growth versus the prior year.
Strategic and Corporate Updates
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Hilton announced the appointment of Jeff Moore as Executive Vice President and Chief Technology Officer, strengthening the company's focus on technology innovation.
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The company will transfer its stock listing from the NYSE to Nasdaq under the existing ticker symbol HLT, effective November 5, 2026.
Shareholder Returns
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Hilton repurchased 2.6 million shares during the quarter.
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Total capital returned to shareholders, including dividends, amounted to $879 million in Q3.
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Year-to-date capital returns through October totaled approximately $2.9 billion.
Updated Full-Year 2026 Outlook
Hilton expects:
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Comparable, currency-neutral RevPAR growth: 4.0%–4.5%
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Net income: $1.909 billion to $1.923 billion
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Adjusted EBITDA: $4.06 billion to $4.08 billion
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Total capital return: Approximately $3.5 billion
Key Takeaway
Hilton delivered a strong third quarter characterized by healthy RevPAR growth, continued expansion of its global development pipeline, robust room additions, and significant shareholder returns. The company remains optimistic about full-year 2026 performance while continuing to invest in technology, growth, and brand expansion.
