Hilton Worldwide Holdings: Better Business Demand And Room Growth Support Buy

Hilton Worldwide Holdings remains a buy, driven by robust US RevPAR recovery and a visible 6–7% net unit growth pipeline. Q2 2026 results confirm business transient demand strength, margin expansion to 76.6%, and management’s raised FY2026 RevPAR and EBITDA guidance. HLT’s asset-light, high-margin fee model, global expansion, and owner-economics initiatives underpin durable earnings growth and justify its premium valuation. I see a clear path to $400+ per share by FY2028, with downside risks centered on business travel demand and development execution.

I wrote about Hilton Worldwide Holdings ( HLT ) with a buy rating previously because I expected US RevPAR to recover and the development pipeline to support 6% to 7% annual net unit growth [NUG].