Hilton Worldwide beat Wall Street estimates for fourth-quarter profit on Thursday, as strong demand for business travel led to higher bookings for the hotel operator, sending its shares up 5% in morning trading.

The McLean, Virginia-based company expects 2025 adjusted profit between $7.71 and $7.82 per share, compared with analysts' average estimate of $8.02 per share, according to data compiled by LSEG. It expects systemwide revenue per available room (RevPAR) to increase between 2% and 3% from a year earlier, and net unit growth of about 6% to 7%.