Hilton presents development pipeline of approximately 543,000 rooms

By Public Technologies13:49 (UTC), 4 November 2026 Updated

Hilton outlined a development pipeline of about 543,000 rooms, with nearly half under construction, in its investor presentation.
Committed pipeline investment totals about $715 million, with roughly 90% of pipeline rooms requiring no contract acquisition costs.
The stabilized pipeline could generate illustrative adjusted EBITDA of about $1 billion, implying illustrative value creation of about $20 billion.
Fee revenues account for approximately 95% of adjusted EBITDA; franchise and licensing fees represent about 80% of total fees.
Net debt stands at $12.6 billion, with net leverage of 3.2 times adjusted EBITDA.

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