Hilton cuts 2025 revenue growth forecast as economic uncertainty weighs

Reuters

Tue, Apr 29, 2025, 3:14 AM 1 min read

(Reuters) -Hotel relation Hilton Worldwide chopped forecast for 2025 country gross maturation astatine a clip erstwhile U.S. President Donald Trump's sweeping tariffs and resulting planetary commercialized warfare person sparked fears of an economical recession.

American consumers are increasing cautious astir discretionary spending, including travel.

U.S. user sentiment shrank for the 4th period successful a enactment successful April, portion ostentation expectations were astatine their highest since 1981.

The McLean, Virginia-based institution present expects full-year gross per disposable country (RevPAR), a cardinal metric successful the hospitality industry, to beryllium level to up 2%, compared to 2% to 3% previously.

The McLean, Virginia-based institution present expects full-year nett income to beryllium successful the scope of $1.71 cardinal and $1.75 billion, compared to $1.83 cardinal to $1.86 cardinal previously.

Earlier this month, bequest US carriers Delta Air Lines, Southwest, and American pulled their fiscal forecast for 2025. Delta added that question request has "largely stalled" owed to the economical uncertainty fueled by tariffs.

Furthermore, planetary tourists from Canada and Europe person pulled backmost U.S. visits pursuing Trump's caller commercialized policy.

Hilton's full gross for archetypal 4th ended March 31 came successful astatine $2.70 billion, up 4.7% from a twelvemonth earlier.

(Reporting by Aishwarya Jain successful Bengaluru; Editing by Leroy Leo)