Hilton and IHG report mixed but solid third quarter results

Global luxury hotel giants Hilton and Intercontinental Hotels Group continued to grow in the third quarter, despite a slight slowdown in demand in the United States.

Hilton saw its net profit climb by around 22% year-on-year and revenue of $3.12 billion in the third quarter, while IHG stayed on track with a slight increase in revenue per available room of +0.1%.

Hilton : a robust quarter despite a decline in RevPAR

Hilton’s third quarter was marked by net income of $421 million, up from $344 million in the same period in 2024. Its adjusted EBITDA also increased to $976 million, compared to $904 million a year earlier.

Adjusted diluted earnings per share were $2.11, up 10% year-on-year, reflecting the strength of the group’s operating model despite a slightly weaker hotel market. Global RevPAR declined 1.1% due to a slight decrease in occupancy and average daily rate.

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Featured photo : © Hilton