Hilton shrugged off “weaker macroeconomic conditions” to record a 2.5 per cent increase in revpar (revenue per available room) during the first quarter of 2025.
The US hotel company achieved revpar of $103.59 in Q1 with average daily rate (ADR) also rising by 1.8 per cent year-on-year to $155.07 and occupancy improving by 0.4 percentage points to 66.8 per cent.
Christopher Nassetta, president and CEO of Hilton, said: "We are pleased with our first quarter results, with strong bottom-line performance, even with somewhat weaker macroeconomic conditions.
“Overall, we remain optimistic about our growth opportunities and are well positioned to continue creating value for our stakeholders in 2025 and beyond."
In Europe, Hilton increased revpar by 2.6 per cent year-on-year in Q1 to $89.34, as ADR rose by 1.6 per cent to $138.58 and occupancy ticked up by 0.6 points to 64.5 per cent.
Hilton’s total revenue rose to $2.7 billion in Q1, up by 4.7 per cent on the same period in 2024, while net profit jumped 12 per cent year-on-year from $268 million to $300 million. Hilton is currently forecasting net income during 2025 of between $1.71 billion and $1.75 billion.
The hotel firm said in a statement that it opened 186 hotels worldwide in the first quarter, which led to net increase of 14,000 rooms to its inventory.
Hilton has announced plans to open its first wellness-focused Tempo by Hilton property in Europe with a hotel in Belfast, Northern Ireland, scheduled to debut in late 2026.
The company will also open three hotels in the Greek capital Athens in the next two years under its Curio Collection by Hilton and Tapestry Collection by Hilton brands.