April 28 (Reuters) - Hotel operator Hilton Worldwide Holdings raised its full-year room revenue growth forecast on Tuesday, banking on strong travel demand.
The McLean, Virginia-based company expects revenue per available room — a key lodging metric that tracks average daily rate and occupancy — to grow between 2% and 3% for fiscal 2026, compared with its prior forecast of a 1% and 2% increase.
Earlier this month at a Semafor conference, Hilton Chief Executive Christopher Nassetta hinted at signs of improvement at its middle-market brands in the U.S., including more mid-week business travel.
The company, which houses brands such as LXR and DoubleTree, also raised its annual adjusted earnings per share forecast to between $8.79 and $8.91, from its previous range of $8.65 and $8.77.
Reporting by Anshuman Tripathy in Bengaluru; Editing by Shilpi Majumdar
Source: Reuters