HomeTravel NewsHilton Worldwide Eyes RevPAR Rise of 2%-2.5% for 2024

Hilton Worldwide Eyes RevPAR Rise of 2%-2.5% for 2024

Hilton Worldwide has said it expects RevPAR (revenue per available room) to grow by between 2% and 2.5% this year as a whole.

The hotel chain also anticipates its full-year 2024 pre-tax earnings will fall between $3.3bn and $3.4bn.

Hilton’s newly-published third quarter financial results show net income – for the three months to the end of September – show a net income total of $344m and adjusted earnings of $904m before tax and interest.

The chain approved 27,500 new rooms for development during the third quarter – 8% more than in the same period last year. Hilton also added a record 36,600 rooms to its system during the quarter.

Geoff Percival
Geoff Percival
Geoff has worked in business, news, consumer and travel journalism for more than 25 years; having worked for and contributed to the likes of The Irish Examiner, Business & Finance, Business Plus, The Sunday Times, The Irish News, Senior Times, and The Sunday Tribune.
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