Articles tagged “hilton”

Vying for market share breeds opportunity and risk. Hilton's oneupmanship in electric vehicle charging is more than just a win for Tesla. It will prompt hotel rivals to sharpen their strategies.

It's not surprising that the Middle East is prioritizing hotel development to accommodate a growing influx of tourists. This proactive approach aligns with their broader economic and tourism strategies to foster long-term growth and competitiveness in the global tourism market.

With an annual passenger volume of just under 90 million, it's no surprise that the primary focus of Dubai International Airport's expansion endeavors is directed towards elevating customer experience.

Marriott said in May it would include resort fees in the first prices travelers see on its site and app. Hyatt and MGM Resorts have also made a change. Which hotel group will be next?

From today's Daily Lodging Report newsletter: Nikkei Asia published an article on Hilton planning to expand its luxury offerings in Asia. Hilton will be bringing its Waldorf Astoria brand to Malaysia, Vietnam, India, and other countries…

The 2023 Big Book of Travel Data reported that Marriott is the top-ranked among 10 leading hotel groups globally, with $61.4 billion in system-wide room revenue. Hilton was second with $41.5 billion. Regarding individual brands, the Big Book said Hampton by Hilton led in 2022 with nearly $10.22 billion in room revenue.

Betting against China's torrid economic growth has been a fool's errand for decades. But nothing lasts forever. Foreign hotel executives shouldn't make blind assumptions about endless hotel development opportunities in the country.

Hilton plans to open over 730 properties in mainland China in the next decade, capitalizing on rising demand from the middle class amid a tourism rebound. Hilton achieved a 69.9% occupancy rate in the Asia Pacific region during Q2 2023.

Bernstein upped their price target on Hyatt and Hilton and maintained their Market Outperform rating on H and Market Perform rating on HLT.

This likely won't be the last lawsuit against online travel companies related to allegedly deceptive fees because Booking Holdings is not the lone party handling fees in this way.