Articles tagged “hilton”

Who needs to break ground on a new hotel when you can just woo a few existing properties away from the competition?

Real estate developers haven’t slowed down or dimmed interest in the hotel sector during the pandemic, even in parts of the world suffering the most from new variants.

Here we go again. Maybe.

We’re still weeks away from knowing just how much of an impact the Omicron variant will have on the travel industry. But companies can already discern just how much of a role government can have in altering the course of recovery.

Money flowing in for hotel expansion is the real signal that the hospitality industry is roaring back to life.

The Delta variant didn’t evade major hotel companies from profitability on their most recent quarter. Barring some massive pandemic setback, many of these optimistic outlooks are possible.

Finally, there’s some honesty about the hotel labor shortage crisis, and it doesn't just hinge on pandemic-related unemployment benefits.

It was still a strong quarter for Marriott, but the Delta variant weighed heavy on the company due to its greater exposure to China and reliance on big corporate travel contracts.

Don't rule out the little players. Small and medium-sized businesses are largely back on the road, and that's helping lift Hilton's profit margins.

Hotel executives presented China as a definitive, massive growth opportunity to shareholders during the pandemic. But volatility in the development world as well as tough government oversight mean CEOs at companies like Hilton, Accor, and Wyndham need to find a new way to show strength.