Hive backup files can be decrypted (e.g. using openssl as per the README), but the resulting data is a google protocol buffer, instead of a more common text format which can be used/imported by various wallet clients.
The Litecoin Wallet is also based on bitcoin-wallet, but the decrypted wallet format contains one private key per line in WIF-format, followed by a timestamp. The backups are a lot more useful because the WIF keys can be imported into almost any modern Bitcoin (or in this case Litecoin) client.