STAYHotel Dive · 2h ago
Hilton raises full-year RevPAR outlook after ‘strong’ Q3 results
Executive Brief
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Hilton reported a 5.8% year-over-year increase in systemwide RevPAR for the third quarter, citing robust demand and favorable macroeconomic trends. Consequently, the hospitality leader raised its full-year performance outlook, signaling continued strength in the global lodging sector.
- 01Systemwide RevPAR grew 5.8% year over year during the third quarter
- 02Positive performance was driven by strong demand and favorable macroeconomic conditions
- 03CEO Chris Nassetta raised the full-year RevPAR outlook following quarterly results
- 04Growth trends indicate sustained recovery and momentum within the global hospitality market
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Systemwide RevPAR increased 5.8% year over year during the quarter, driven by strength in demand and “favorable macro trends,” CEO Chris Nassetta said on an earnings call.