Hilton Worldwide Holdings Inc. (HLT) unveiled the enhanced Hilton Honors American Express Business Card in collaboration with American Express Company (AXP) . It offers new benefits, including up to $240 annually in statement credits on eligible Hilton purchases.The enhanced card also simplifies the rewards structure, allowing Card Members to earn Hilton Honors Bonus Points wherever they spend. This initiative empowers business owners to utilize their purchases to fund future Hilton stays, backed by America ...

Hilton Worldwide Holdings Inc. (HLT) upper-midscale brand — Hampton by Hilton — recently unveiled a North American prototype and a refreshed global brand identity. The initiative underscores the company’s commitment to solidify its position as a premium brand in the evolving landscape of travel.The new North American prototype focuses on modernizing, improving functionality and cost-effectiveness to enhance the overall guest experience. Updates include maximizing revenue opportunities by increasing the tota ...

Core Insights - Hilton Worldwide Holdings Inc. has signed a contract to acquire the Graduate Hotels brand for $210 million, expected to close in Q2 2024, enhancing its brand portfolio and market reach [1][2] - The acquisition includes all global rights to the Graduate Hotels brand, with AJ Capital Partners retaining ownership of over 35 properties under long-term franchise agreements with Hilton [2] - Hilton's expansion strategy includes opening 395 new hotels in 2023, achieving a net unit growth of 4.9%, and a record pipeline of nearly 3,274 hotels, indicating strong growth potential [3] Acquisition Details - The acquisition will allow Hilton to enter franchise agreements for existing and future Graduate Hotels, with bookings through Hilton channels expected to start in late 2024 [2] - Customers booking through Hilton will gain access to benefits such as exclusive discounts and participation in the Hilton Honors loyalty program [2] Expansion Strategy - Hilton's focus on market expansion and product diversification is evident, with over half of its development pipeline located outside the U.S. [3] - The company achieved an 8.6% year-over-year increase in room additions, with a total of nearly 63,000 new rooms added in 2023 [3] - Hilton expects net unit growth of 5.5% to 6% for 2024, reflecting its ongoing commitment to growth [3] Stock Performance - Hilton's shares have increased by 34.9% over the past six months, outperforming the Zacks Hotels and Motels industry's growth of 24.5% [4]

MCLEAN, Va. & NASHVILLE--(BUSINESS WIRE)--Hilton (NYSE: HLT) today announced an agreement with Adventurous Journeys Capital Partners (“AJ Capital”) to acquire the fan-favorite Graduate Hotels® brand, adding a significant growth opportunity for the global hospitality leader in the fast-growing lifestyle hotel market. Hilton will pay $210 million to acquire all rights to the Graduate brand worldwide, enter into franchise agreements for all existing and signed pipeline Graduate Hotels, and become responsibl ...

A month has gone by since the last earnings report for Hilton Worldwide Holdings Inc. (HLT) . Shares have added about 5.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Hilton Worldwide Holdings Inc. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Hilton Tops on Q ...

Hilton and NABNI Developments partner to heighten prestigious luxury brand's global presenceNEW YORK and MCLEAN, Va., March 6, 2024 /PRNewswire/ -- Hilton (NYSE: HLT) and NABNI Developments, the visionary real estate developer behind the most sought-after residential and commercial properties in Dubai, have announced plans for Waldorf Astoria Residences Dubai Downtown, set for completion in 2028. Located in the most populous city in the United Arab Emirates, Waldorf Astoria Residences Dubai Downtown will he ...

Core Insights - The article discusses the Zacks Premium service, which provides tools and resources for investors to make informed stock market decisions, including daily updates on Zacks Rank and Style Scores [1][4] Zacks Style Scores - The Zacks Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each designed to help investors identify stocks with the best potential for market outperformance [2][3] - Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [2] - Growth Score emphasizes a company's financial health and future growth potential based on earnings and cash flow projections [2] - Momentum Score identifies trends in stock prices and earnings estimates to help investors time their purchases effectively [2] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist investors in building a successful portfolio, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [4] - The combination of Zacks Rank and Style Scores helps investors select stocks with the highest probability of success [5] Hilton Worldwide Holdings Inc. (HLT) - Hilton Worldwide Holdings, a hospitality company, has a development pipeline of nearly 3,274 hotels with approximately 462,400 rooms across 118 countries as of December 31, 2023 [6] - HLT is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of B and a Momentum Style Score of B, indicating potential for growth [6][7] - The Zacks Consensus Estimate for HLT's fiscal 2024 earnings has increased by $0.07 to $7.06 per share, with five analysts revising their estimates upwards in the last 60 days [7]

MILWAUKEE--(BUSINESS WIRE)--Marcus® Hotels & Resorts, a nationally recognized owner and management company and division of The Marcus Corporation (NYSE: MCS), announced today that it, Hempel Real Estate, and Robinson Park have closed on the acquisition of the Loews Minneapolis Hotel. The property will be managed by Marcus Hotels & Resorts, effective today, and will be rebranded immediately as The Lofton Hotel under the Tapestry Collection by Hilton flag, making it the first Tapestry Collection hotel in Minn ...

   GATLINBURG, Tenn. and MCLEAN, Va., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Hospitality Solutions, a prominent Gatlinburg-based hotel development and management company, and Hilton (NYSE:HLT), will welcome guests to Embassy Suites by Hilton Gatlinburg Resort, a new, highly-anticipated resort located in Gatlinburg, on March 15. The new Embassy Suites by Hilton Gatlinburg Resort sits at the base of the Great Smoky Mountains and will serve as a welcome retreat for travelers to the country's most-visited national p ...

Two consumer discretionary companies with a dominant presence in regards to hotel operations are of course Marriott International (MAR)  and Hilton Worldwide (HLT) . Now may be a good time to see if investing in these hotel giants in 2024 is ideal with both reporting their Q4 results for fiscal 2023 within the last week.Let’s take a look at Marriott and Hilton’s quarterly reviews along with their growth projections to see if it’s time to buy.Marriott Q4 Review Reporting its Q4 results on Tuesday, Marriott w ...