(Reuters) -Hotel operator Hilton Worldwide ( HLT ) slashed its forecast for 2025 room revenue, hurt by muted U.S. travel demand.
The McLean, Virginia-based company now expects full-year revenue per available room (RevPAR), a crucial metric for the hospitality industry, to grow up to 1%, compared with its earlier forecast of an up 2% rise.
Travel demand in the U.S. has taken a hit as households worry that a shifting tariff policy could push up price of goods and eat into their purchasing power.
Hilton's room revenue in the U.S. fell 2.3% during the third quarter.
The company, however, now expects 2025 adjusted profit per share of $7.97 and $8.06, higher than $7.83 to $8 per share it had previously forecast.
(Reporting by Aishwarya Jain in Bengaluru; Editing by Shinjini Ganguli)