Hilton Worldwide Holdings Inc: Growing International RevPAR Is A Big Green Flag?

Hilton Worldwide Holdings Inc. reported its Q4 and full-year 2023 earnings, during which the company made several significant achievements. For 2023, Hilton’s system-wide RevPAR grew by 12.6% compared to 2022 due to strong growth across every major region and chain scale. This development exceeded expectations, mainly driven by strong international and group trends. Group RevPAR, in particular, saw impressive growth due to an increase in small company meetings and convention demand. Hilton also launched two new brands, expanded partnerships, and opened a near-record number of rooms.