Hilton Reports Second Quarter Results

MCLEAN, VA - Hilton Worldwide Holdings Inc. today reported its first quarter 2024 results. Highlights include:

Christopher J. Nassetta, President & Chief Executive Officer of Hilton

Christopher J. Nassetta, President & Chief Executive Officer of Hilton, said, "We are pleased to report a solid second quarter, with an increase in RevPAR of 3.5%, driven by growth in all segments, with particularly strong group performance. On the development side, we ended the quarter with a record development pipeline, up 15% from the prior year and up 8% 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 7.0 percent to 7.5 percent for the full year."

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The Team

at LEADING HOTELIERS NETWORK / JOB LEAD SERVICE

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