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Hilton Q3 Revenue at $3.33B Below Consensus
Reports Q3 revenue $3.33B, consensus $3.37B. CEO Christopher Nassetta said, "We delivered strong top and bottom-line results for Q3 that exceeded our expectations. Our results were driven by momentum across our system, which we expect to continue for the remainder of the year and into 2027. We achieved our highest quarter ever for organic openings, and the continued quarterly sequential increases give us confidence in delivering net unit growth around the midpoint of our 6.0% to 7.0% full-year guidance range."
Sees Q4 Adjusted EBITDA of $1.05B-$1.07B
Sees Q4 adjusted EBITDA $1.05B-$1.07B. System-wide comparable RevPAR, on a currency neutral basis, is projected to increase 3.0%-3.5% vs. Q4 2025.
Sees 2026 Adjusted EBITDA of $4.06B-$4.08B
Sees 2026 adjusted EBITDA $4.06B-$4.08B. System-wide comparable RevPAR, on a currency neutral basis, is projected to increase between 4.0 percent and 4.5 percent compared to 2025.
Target Appoints Mark Weinstein as Chief Marketing Officer
Target (TGT) announced that Mark Weinstein has joined the company as chief marketing and guest experience officer, effective immediately. Weinstein reports directly to Michael Fiddelke, Target's chief executive officer, and will play a critical role in the company's growth strategy, elevating how consumers experience and connect with the Target brand. Weinstein joins Target from Hilton (HLT), where he served as global chief marketing officer for all 28 brands and Hilton Honors, as well as head of luxury brands. Throughout his career, he has developed brands, platforms and experiences that are centered on the consumer and build relevance, strengthen loyalty and help drive long-term growth.
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