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The chief executive of Hilton Group has said he remains “optimistic” the global hotel giant can return to strong RevPAR growth in the coming years. Christopher J. Nassetta made the comments following the publication of Hilton’s third quarter financial results, covering the three motnhs to the end of September. Hilton – which covers numerous brands including Hilton, Conrad, NoMad, Tapestry Collection, Curio Collection and Waldorf Astoria – saw revenues and profits rise in the latest quarter, but RevPAR – or revenue per available room – a key growth indicator for hotels, fell. Group revenue, for the third quarter, rose 7%, year-on-year, to just over $3.1bn; while net income was ahead by 22% at $421m. However, RevPAR was down 1.1% on the same period last year and is expected to be flat, or at best up 1%, for 2025 as a whole. Hilton Group President and CEO, Christopher J. Nassetta, said: “Our third quarter results continued to demonstratethe resilience of our business model, delivering strong bottom line performance despite softer industry RevPAR. We remainoptimistic, that in the US, lower interest rates, a more favourable regulatory environment, certainty on tax policy and a significantinvestment cycle will accelerate economic growth and travel demand, and, when paired with limited industry supply growth,should drive stronger RevPAR growth over the next several years. “The quality of our development pipeline, acceleration in new development construction starts, attractiveness of our brands for conversions and continued growth of our brand presence globally gives us confidence in delivering net unit growth between 6.5 percent and 7.0 percent in 2025 and 6% to 7% over the next several years.” In the third quarter of 2025, Hilton opened 199 hotels, totaling 24,800 rooms, resulting in 23,200 net room additions.
