everyone, for and Good us today. joining Thank Jill. you, morning, thanks
our results improve quarter performance. line continued growth Our third drove bottom as the business strength to strong of model solid unit net
expectations in of softer-than-expected spite Adjusted EBITDA performance. was EPS towards the higher end all adjusted exceeded industry of our guidance, our while RevPAR
and engines our points, Year-to-date, commercial basis index by Additionally, all nearly we’ve RevPAR supported system-wide continued drive across our our premium strong growing regions. strong of portfolio share brands increased powerful to market gains. brands all XXX
or drive of to X% $X.X to we of year. market dividends. we’re buybacks meaningful for shareholders billion billion, to in cap our nearly track cash free performance Year-to-date, approximately form full flow billion $X.X $X.X on have the and And to the return returned Our generation. continues
and in meetings. Asia. we X% quarter due softness more increased System-wide was which transient than quarter, by in below group XX in RevPAR company grew strength to the our expectations US RevPAR In system-wide the basis points, boosted
However, of weakening transient trends. across relatively and business to due following short was macro flat RevPAR leisure expectations,
fourth to we with consistent expect quarter, For the remain these conditions trends.
we a year RevPAR around expect of X%. result, As full now
to forecast. look it pace. indicator economic macro growth suggest year the slower all environment regions, a we make uncertainties difficult As but in Most next for major global to at continued
at we full expect result, be year a to As growth would X%. XXXX this point around flat RevPAR to
solid to continue to growth year. range, expect next net to bottom line X% the which in we said, to continue That X% unit performance support deliver should
call. guidance give will you more We our on specific next
robust and rooms in driver for of growth net Our beyond unit development value our year. our success remain to hotels mark of unit totaling track fifth above consecutive on roughly Year-to-date, story the growth opened deliver net remains approximately key broader full This we've X.X% a fundamentals. X%. continued will XXX the nearly delivering XX,XXX year
with of for which signings years. record the of XX,XXX over net end than XXX,XXX the At more remain supports record Developer strong expect we construction to of our rooms, quarter, rooms several rooms and of outlook deliver growth and US brands regions. another year next the unit and for pipeline international totaled growth XXX,XXX continued across nearly appetite our both third our starts
to In full for expectations grow prior are US, US starts the XX% of starts with the signings our the both ahead modestly year. in tracking and nearly forecast now
highest with than of Since a launching We our and the less the existing RevPAR XXX, openings. to welcomed in scale four Hampton, both and continued Tru X,XXXth Tru Turning premier has in index established mid ago as premium brands. years industry. our itself growth demonstrating the new brand XXXth brand
XX a the pipeline end other dominant XXX and Hampton years, brands, hotels. boast remains more our still XXX of of of RevPAR nearly segment. but a is After index one of oldest industry-leading than an its Hampton spectrum the player At in
we and are the in Shenyang the from London. announced our Conrad third Pedregal Astoria additions to included Cabos year reopening Midtown extensive and the quarter, Tianjin we in these Conrad open the the Biltmore more In of than Conrad in property the year, following this on Europe the an Earlier luxury track that China, Waldorf renovation XXXX LXR history. properties the in Los first our York and in Mayfair, Mexico, any grand conversion New
cycle fees our on shareholder trends net development diversified strategy disciplined world significant to parts returns. us around and demand while the positions Overall, think and capitalize our driving we maximizing all of the throughout
half pipeline over net continue good of next delivering unit growth to ability years. the our about our for X% feel With under few we construction, over
goal every world brand in resonating guests. for may for travel need anywhere deliver a Our have, is traveler any most they our to with the loyal
members more XX% basis In for increasing the quarter, than points accounted Honors Hilton of year-over-year. occupancy XXX
Key campaign to total Better with to Marketing new XXX our million increased along Hilton track Additionally, enrollments this Expect in Anna to year-over-year new connected Honors quarter like Digital and XX the hit and million Kendrick members on starring unique our remain Expect members. Honors XX% member features nearly continue milestone week. attract Room we
Hilton was possible together. without - providing place for two guest maintained ranking XXX,XXX Women we culture named proud members I as strong Workplace nearly US. the service built in ‘am and have number to that commitment also number and the one extremely our not a experiences Our has our and exceptional world workplace best the would customer Best team best be
support footprint live we a the are on where of impact grow dedication With communities the work. our global have and team we members, positive and able to and our
in shareholders. our think driving of performance to growth in it based position capital-light bottom capital it and our guests, fee and with model with a allocation our us to solid diversified line value quarter business we for another great owners we puts This sum continue approach remain strategy. combined To up our confident disciplined our
the call Kevin over to our results the for turn future. more outlook the to on going I'm that, details With for and
