Hilton and Visa raise guidance on resilient consumer spending
Updated
Updated · Barron's · Apr 30
Hilton and Visa raise guidance on resilient consumer spending
14 articles · Updated · Barron's · Apr 30
Hilton expects 2026 RevPAR growth of 2% to 3%, while Visa forecast revenue growth in the low teens after strong quarterly results.
Executives said spending held up despite higher gas prices and geopolitical worries, with Visa citing robust discretionary and nondiscretionary purchases and no clear weakness among lower-income consumers.
Analysts said higher tax refunds, firmer wages and savings drawdowns may be supporting demand, but sticky inflation and falling real disposable income could slow spending in the second and third quarters.
With tax refunds fading and savings dwindling, what will fuel America's consumer spending engine through the rest of this year?
As the rich spend more and the poor cut back, is the 'resilient' American consumer just a statistical illusion?
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