Hilton posted first-quarter net income growth and boosted its projection for adjusted 2025 earnings as the hotelier shrugged off what it called weaker macroeconomic conditions.

U.S.-listed shares of the company fell 0.5% in premarket trading.

The McLean, Va., hotel operator logged earnings of $300 million, or $1.23 a share, up from $265 million, or $1.04 a share, a year earlier. On average, analysts surveyed by FactSet had forecast earnings of $1.57 a share.

Stripping out certain one-time items, earnings came in at $1.72.

Revenue rose 4.7% to $2.7 billion, just shy of the average Wall Street average target of $2.72 billion, as per FactSet. Comparable revenue per available room, a key measure of profitability, rose 2.5%.

Hilton added 14,000 hotel rooms, net, during the period, opening 186 hotels worldwide. Some of the notable additions were high-end properties such as Tapestry and Curio collection hotels in Greece.

For the second quarter, Hilton forecast adjusted earnings in a range between $1.97 and $2.02 a share.

For 2025, Hilton boosted its adjusted profit projection to a range between $7.76 and $7.94 a share from a prior estimate of $7.71 to $7.82 a share. Hilton anticipates full-year revenue per available room growth of flat to 2% higher than 2024.

The resilient demand bodes well for the travel industry amid fears that a postpandemic boom would wilt in the face of renewed economic worries.