Hilton Worldwide — Jul 28, 2026 release

Highlights include: • Diluted EPS was $2.10 for the second quarter, and diluted EPS, adjusted for special items, was $2.29 • Net income was $482 million for the second quarter • Adjusted EBITDA was $1,054 million for the second quarter • System-wide comparable RevPAR increased 3.9 percent, on a currency neutral basis, for the second quarter compared to the same period in 2025 • Approved 42,900 new rooms for development during the second quarter, bringing our development pipeline to 541,300 rooms as of June 30, 2026, representing growth of 6 percent from June 30, 2025 • Added 24,100 rooms to our system, resulting in 21,600 net additional rooms for the second quarter, contributing to net unit growth of 6.1 percent from June 30, 2025 • Announced the launch of a new lifestyle brand, Undergraduate by Hilton, an upper‑midscale offering designed to expand Hilton’s presence in college and university markets, in June 2026 • Issued $1.0 billion aggregate principal amount of 5.500% Senior Notes due 2031 in May 2026 • Repurchased 2.9 million shares of Hilton common stock during the second quarter, bringing total capital return, including dividends, to $966 million for the quarter and $2,034 million year to date through July • Full year 2026 system-wide RevPAR is projected to increase between 3.0 percent and 3.5 percent on a comparable and currency neutral basis compared to 2025; full year net income is projected to be between $1,883 million and $1,911 million; full year Adjusted EBITDA is projected to be between $4,040 million and $4,080 million • Full year 2026 capital return is projected to be approximately $3.5 billion 1 Overview Christopher J. Nassetta, President & Chief Executive Officer of Hilton, said, "We delivered strong top and bottom-line results for the second quarter, driven by the continuation of strengthening demand trends and broad-based momentum across our system, which we expect to continue for the remainder of the year and into 2027. Our disciplined development strategy continues to drive strong results, with openings and approvals both increasing 50 percent sequentially from the first quarter and our pipeline ending the quarter at a record level. We remain confident in our ability to deliver net unit growth of 6.0% to 7.0% in 2026 and beyond.” For the three months ended June 30, 2026, system-wide comparable RevPAR increased 3.9 percent compared to the same period in 2025 due to an increase in both occupancy and ADR. Management and franchise fee revenues increased 6.4 percent compared to the same period in 2025. For the six months ended June 30, 2026, system-wide comparable RevPAR increased 3.9 percent compared to th