Articles tagged “hilton”

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.

A lesson in why not to overbuild: Limited supply gave European hotels a relative edge in holding their value last year compared to the U.S., despite stronger hotel performance in America.

Carbon reduction is gaining importance for stakeholders, and reporting is getting better amongst the largest hotel companies. Skift Research compares the emissions of six global chains to determine which is best positioned to become carbon neutral over the coming decades, and which are falling behind.

Even short-term headwinds in China's hotel recovery from the pandemic isn't deterring global hotel companies from flooding the market with new developments.

The CEOs of some of Marriott's biggest rivals remembered the late Arne Sorenson as a friendly competitor with empathy and mentorship that extended well beyond his own company.

As the hospitality industry pushes ahead on the road to recovery, Hilton remains optimistic about the future, supported by a resilient business model and a strong commercial engine. Continued conversion signings, new development, and extended stay brands are contributing to the expansion of its one million room portfolio.

In Skift's top travel stories this week, we covered Hilton's red ink, the passing of Marriott's Arne Sorenson, Tripadvisor's new subscription plan, hotel openings in Asia, and South Africa's historic equity fund.