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The U.S. travel industry is beginning to show signs of a recovery from a tough year in which worries about slower economic growth and higher inflation led to a sharp pullback in spending.
Hilton raised its annual room revenue growth outlook due to a rebound in domestic travel demand.
KEY POINTS
- Hilton's Tapestry Collection brand saw a 9.2% revenue increase, leading budget and middle-market segment growth.
- Hilton raised its 2026 revPAR growth forecast to 2%-3%, up from 1%-2% previously.
- First-quarter revenue in Middle East and North Africa dropped 1.7% year-on-year, with occupancy down 4.1%.
- Hilton's updated annual EPS forecast remains below analysts' average estimate, despite being improved.
COMPANIES
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