IHG saw U.S. hotel revenue normalize. Marriott plans to launch a new midscale brand. Hyatt aims to expand its all-inclusive resort portfolio. And more.
During the hotel group’s earnings season, Hilton’s report stood out as the most impressive – despite showing slowing RevPAR growth – due to strong performance in Net Unit Growth and EBITDA flow through.
Goa's focus on sports tourism is aimed at creating a more sustainable model of tourism in the state. It has been upgrading its sports infrastructure to promote itself as a premier destination for sports.
Hilton CEO Christopher Nassetta led the pack among hotel executives with a total compensation of $56.8 million in 2023, followed closely by Hyatt's Mark Hoplamazian at $56.4 million and Marriott's Anthony Capuano at $55.5 million.
Hilton’s expansion in Canada includes nearly 20 deals signed in 2023, with plans to introduce Spark by Hilton and Motto by Hilton in 2024 – aiming to surpass 200 hotels.