Articles tagged “hilton”

Nobody is anticipating any major financial windfall news from Marriott this week, but shareholders still want to hear where future growth is coming from during an investor update. All-inclusive resorts and home rentals, relatively new divisions of the company, will certainly be on the list.

In Skift's top travel stories this week, Expedia agreed to sell Egencia to American Express Global Business Travel, IHG is shedding subpar properties, travel needs to push for vaccine equity, and India's travel industry and people are suffering.

If Hilton sees reason to be optimistic around a faster-than-expected travel recovery, that’s a major boost to all hotel companies, especially ones with less exposure to convention and business-transient customers.

Hotel companies with a strong focus on leisure and drive-to properties are going to show the strongest development numbers this cycle, but don't expect a massive downturn in construction from even the more business-oriented brands. Real estate is a long-term play.

Just because the risk is low for surface spread of coronavirus doesn’t mean hotels are going to back away from door seals and hourly lobby cleanings. There’s still a psychological and confidence factor at play in bringing back more travelers.

Major travel companies like Hilton Grand Vacations are pumping millions, if not billions, of dollars into the idea travelers favor the familiarity of a brand. If it pays off, the vacuum of boutique offerings will be the next travel investment opportunity.

The pace of hotel development in the Middle East has fallen for more than a year, but companies aren't shying away from introducing new brands to the region. If it can sustain its winter travel appeal — and that's a big if — expect the development pendulum to swing in a positive direction.

Relocating employees for work could be big business after the pandemic, if travel companies can handle the extra pressure governments and big organizations place on them.

When in doubt, condo it out: Investors sleep a little easier knowing there's a more reliable income stream like high-end housing attached to a hotel project.

Diversity in leadership makes a company better — period. While to be commended for laying the groundwork for advancing diversity when hiring picks back up, Hilton and other hotel companies can't stop with their latest diversity targets. This needs to be a long-term initiative across the entire industry.