Hilton Worldwide Holdings Inc. (HLT) Earnings Call Transcripts

Hilton Worldwide Holdings Inc.'s Latest Earnings Call - Q2 FY2026

In the second quarter of 2026, Hilton Worldwide Holdings Inc. reported strong results, with system-wide RevPAR increasing 3.9% year-over-year, adjusted EBITDA reaching $1.054 billion (up 4.6% YoY), and diluted EPS of $2.29. Management raised full-year RevPAR growth expectations to 3% to 3.5%, driven by robust demand recovery, particularly in the U.S. Despite challenges in the Middle East, the company remains on track to return $3.5 billion to shareholders this year. Overall, the results exceeded expectations and signal continued strength in the hospitality sector.

Reported metrics

Guidance from management

Management raised full-year System-wide RevPAR growth expectations to 3% to 3.5% and adjusted EBITDA guidance to between $4.04 billion and $4.08 billion, reflecting confidence in continued demand recovery.

What management said

Yes. I would say we did talk about the Leisure in our prepared comments. It was 1.6% up again with impact from shift of holiday, et cetera. So it would have been otherwise when you neutralize for that, it would have been stronger. I would say World Cup in the second quarter, if it's 2.7%, and I think it's like 1.5%, 1.7% was probably World Cup. And the other point, the other 100 basis points was comps, plus or minus.

Well, I really can't speak to what our competitors are doing, but I am not aware that our competitors are doing similar things. What's notable is we're reducing the fee load to our owners across the board on loyalty and then if they get through the gate as I described on system fees broadly. What was the second part of the question?

What analysts pressed on

Analysts expressed concerns about the impact of geopolitical tensions in the Middle East on future performance, particularly regarding RevPAR expectations. There were also questions about the sustainability of the current growth momentum and the effects of calendar shifts on Q4 results.

Main topics on the call

• RevPAR Growth — Hilton's system-wide RevPAR increased 3.9% year-over-year, driven by strong demand recovery, particularly in the U.S. where business transient RevPAR rose 5.7%. Management noted, "Business transient and group both exceed...
• Strong Development Pipeline — Hilton achieved one of its best quarters for signings, with approximately 43,000 rooms signed, a 50% increase from the first quarter. The pipeline now stands at a record 541,000 rooms, with nearly half under construction...
• Owner Profitability Initiatives — Management highlighted initiatives to improve owner profitability, including reduced loyalty fees and the RISE program, which aims to enhance operational efficiency. Nassetta stated, "We know our development success is b...
• Guidance Update — Management raised full-year RevPAR growth expectations to 3% to 3.5%, citing macro tailwinds and strong demand. They expect adjusted EBITDA for the full year to be between $4.04 billion and $4.08 billion, reflecting cont...

Read the full Hilton Worldwide Holdings Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 28 Hilton Worldwide Holdings Inc. earnings call transcripts on record, spanning February 11, 2020 to July 28, 2026. Based on this history, Hilton Worldwide Holdings Inc. reports quarterly. The most recent call on file is dated July 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HLT

Exchange

NYSE

Country

US

Sector

Consumer Discretionary

Industry

Hotels, Restaurants and Leisure

Calls on record

28

First call

February 11, 2020

Most recent

July 28, 2026

Reporting cadence

quarterly