Hilton Worldwide Holdings Inc. · NYSE:HLT

Hilton Worldwide — Q1 2026 Earnings Presentation

14 slides from Hilton Worldwide's earnings presentation, Apr 28, 2026

  1. Slide 1: Investor Presentation

    Investor Presentation May 2026 Hilton Quang Hanh Onsen Resort, Vietnam

  2. Slide 2: HLT Value Proposition

    HLT VALUE PROPOSITION Hilton's scale, global presence and leading brands at multiple price points drive a network effect delivering industry-leading performance • Award-winning brands that serve guests for virtually any lodging need they have Leading anywhere in the world Brands serving virtually an

  3. Slide 3: Investment Thesis

    Investment Thesis 1. INDUSTRY-LEADING PORTFOLIO OF BRANDS WITH A GLOBAL PRESENCE 2. A SIMPLIFIED, FEE-BASED BUSINESS 3. A HIGH-QUALITY PIPELINE GENERATING SUBSTANTIAL RETURNS ON MINIMAL CAPITAL INVESTMENT 2 © 2026 Hilton Proprietary

  4. Slide 4: 1. Industry Leading Portfolio of Brands

    1. INDUSTRY LEADING PORTFOLIO OF BRANDS With ~9,300 properties & ~1,360,000 rooms in 144 countries and territories, Hilton is one of the world’s largest and most diversified hospitality companies Industry-leading, clearly defined, global brands drive a 14% global RevPAR index premium(a) Luxury Lifes

  5. Slide 5: Hilton Honors loyalty program drives incremental value to the system

    1. INDUSTRY LEADING PORTFOLIO OF BRANDS Hilton Honors loyalty program enables a better, more personalized hotel stay, driving incremental value to the system HILTON HONORS IS OFFERING MORE VALUE TO MORE MEMBERS Members 251M Share of system Occupancy(c) 36M 2012 2026(a) ~67% ~16% CAGR (b) +20 bps YOY

  6. Slide 6: 2. A Simplified, Fee-Based Business

    2. A SIMPLIFIED, FEE-BASED BUSINESS Top-Line Driven Majority Franchise Fees ~80% of total fees driven by ~95% Fees revenues drive ~95% of Adj. EBITDA(a)(b) franchise and licensing fees (e) Increasing franchise fees as contracts roll over at higher published rates ~5.0% in - place rate vs. ~$150M ann

  7. Slide 7: 3. A High-Quality Pipeline Generating Substantial Returns on Minimal Capital Investment

    3. A HIGH-QUALITY PIPELINE GENERATING SUBSTANTIAL RETURNS ON MINIMAL CAPITAL INVESTMENT DIVERSIFIED PIPELINE OF INDUSTRY-LEADING BRANDS PIPELINE BY GEOGRAPHY(a) PIPELINE BY SEGMENT(a) Americas Non-U.S. 7% Asia Pacific 34% Middle East & Africa Full Service 10% 35% Focused Service Europe 65% 8% U.S. 4

  8. Slide 8: Development focused on balanced global growth

    3. A HIGH-QUALITY PIPELINE GENERATING SUBSTANTIAL RETURNS ON MINIMAL CAPITAL INVESTMENT Development focused on balanced global growth Brand portfolio drives high quality, high return, industry-leading organic growth enabled by demand patterns around the world A LEADING SHARE OF DEVELOPMENT MARKET SH

  9. Slide 9: Continuous growth with solid sight lines into future development

    3. A HIGH-QUALITY PIPELINE GENERATING SUBSTANTIAL RETURNS ON MINIMAL CAPITAL INVESTMENT Continuous growth with solid sight lines into future development HLT NET UNIT GROWTH (000s of rooms) 83 81 International U.S. 36% 43% 57 58 55 52 53 47 48 45 43 50% 36% 36 56% 58% 38% 66% 61% 25 57% 69% 53% 64% 5

  10. Slide 10: Appendix

    APPENDIX 9 © 2026 Hilton Proprietary

  11. Slide 11: Flexible Capital Structure

    FLEXIBLE CAPITAL STRUCTURE CAPITAL STRUCTURE DEBT BREAKDOWN / SCHEDULED AMORTIZATION OVERVIEW(a) AND MATURITIES(a)(e) Net debt(b) % fixed ($ in millions) Weighted average term: 5.2 years $11.8B 74% $5,000 $4,119 $4,000 Net leverage(c) % unsecured $3,000 3.1x 74% $2,000 $1,950 $2,000 $1,350 % freely

  12. Slide 12: Reconciliations

    RECONCILIATIONS ($ in millions) (a) Amounts include results from the operation of programs conducted for the benefit of property owners and exclude cash receipts recorded as deferred revenues on our condensed consolidated balance sheets related to these programs. Under the terms of the related contr

  13. Slide 13: Disclaimers

    DISCLAIMERS This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to our expectations

  14. Slide 14: Hilton For the Stay

Hilton Worldwide Holdings — Q1 2026 Earnings Presentation on 6ix