Hilton trims U.S. room revenue outlook as travel demand softens in late 2025

Hilton Worldwide cut its 2025 U.S. room revenue growth forecast to 1% from 2%, citing weaker travel demand and tariff-related uncertainties affecting international tourist inflows. The hospitality chain reported a 2.3% decline in Q3 room revenue, reflecting slower corporate travel recovery and rising operational expenses. Management noted steady growth in Asia-Pacific occupancy rates, partly offsetting North American softness. CEO Chris Nassetta highlighted an ongoing cost discipline program targeting $200 million in annual savings. Analysts view the revised forecast as conservative, given persistent volatility in global tourism and uneven macro recovery across key markets.