Hilton Worldwide lowered its annual room revenue growth and net income forecasts as steady demand in Europe and business travel were not enough to counter a fall in demand in China and disruptions to its U.

Hilton Worldwide Holdings Inc. lowered its profit outlook, as the addition of new hotels to its global system failed to offset slower travel demand.

Shares of Hilton Worldwide Holdings and other hotel companies fell Wednesday after the hotel giant lowered its full-year earnings forecast and warned of softening leisure travel demand.

Hilton Worldwide Holdings (NYSE:HLT) lowered its outlook for the full year and expects to receive less income for each room as soft macroeconomic trends in the U.S. and China drives down demand for the hotel chain’s modestly-priced properties.

Hilton said its revenue growth won't quite reach forecasted heights this year because demand is softening (not cratering). The news arrived like room service: slightly delayed and not quite what was hoped for.