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Hilton has reported 4% growth in RevPAR in its second quarter results, driven by increases in both ADR and occupancy.
Net income was reported to be $217m (£165m) for the period, an increase of $66m (£50m) when compared with the previous year, $151m (£114m).
Additionally, the brand opened 17,100 rooms in the second quarter and achieved net unit growth of 15,800 rooms, which is an 18% increase from the same period in 2017.
The group expects system-wide RevPAR to increase by up to 3.0% on a comparable and currency neutral basis for its third quarter results.
Christopher J. Nassetta, president and CEO, said, “We had another strong quarter with fundamentals driving system-wide. This growth coupled with continued net unit growth resulted in Adjusted EBITDA growth of 10 percent, exceeding our expectations.”
