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Hilton Fuels Luxury Growth With New Brands and 500 Hotels Pipeline
ZACKS· 2025-06-03 14:42
Core Insights - Hilton Worldwide Holdings Inc. has opened its 1,000th luxury and lifestyle hotel globally, marking a significant milestone amid robust growth driven by organic expansion, strategic acquisitions, and brand partnerships [1][8] - The company is focusing on high-margin luxury travel, with nearly 500 additional luxury and lifestyle hotels in the development pipeline, aiming to open over 150 properties in this category by 2025 [2][8] Strategic Brand Initiatives - Hilton has introduced new brands like NoMad and Graduate by Hilton, and formed an exclusive partnership with Small Luxury Hotels of the World (SLH), adding over 100 future luxury and lifestyle hotels to its pipeline in 2025 [3][5] - The NoMad brand plans future openings in Singapore and Detroit, with more than 15 projects globally, while Graduate by Hilton is expanding into U.S. college towns and has international expansion plans [4] Global Expansion - Hilton is aggressively expanding its luxury footprint with upcoming launches including Waldorf Astoria New York and Conrad Athens The Ilisian, among others, aiming to open three luxury and lifestyle hotels per week throughout 2025 [6][8] - The company is also expanding in the Asia-Pacific region, particularly with new Conrad hotels, reflecting growing global demand for upscale offerings [9] Stock Performance - Year to date, Hilton's stock has gained 0.8%, contrasting with a 5.3% decline in the industry, benefiting from strong demand for leisure travel and strategic partnerships [9] - The company has delivered a trailing four-quarter earnings surprise of 30.9% on average, with a year-to-date stock gain of 10.6% [12]
Marriott Expands Luxury Footprint With St. Regis in Costa Rica
ZACKS· 2025-05-23 14:26
Core Viewpoint - Marriott International is expanding its luxury presence in Latin America by introducing the St. Regis Hotels & Resorts brand in Costa Rica, marking the brand's debut in the country and enhancing the Gulf of Papagayo as a luxury destination [1][5][6] Group 1: Project Details - The new resort will span 20 hectares, begin construction in July 2025, and welcome guests by early 2027, located 25 minutes from Liberia International Airport [2] - The design will reflect Costa Rica's culture and oceanic scenery, featuring six dining options, a St. Regis Bar & Speakeasy, an exclusive beach club, a large spa, and multiple pools [3] - The resort will offer over 10,000 square feet of meeting and event space, catering to high-end corporate and social events, while emphasizing local craftsmanship and sustainability [4] Group 2: Market Positioning - Costa Rica's increasing appeal to affluent travelers makes it a strategic choice for Marriott, which currently operates six St. Regis properties in the Caribbean and Latin America [5] - This expansion aligns with Marriott's strategy to grow in upscale markets and leverage its global brand power, positioning the company to capture long-term value amid rising luxury travel demand in Central America [6] Group 3: Stock Performance - Marriott's stock has increased by 10.3% in the past month, outperforming the Zacks Hotels and Motels industry's growth of 10% [7] - The company has delivered a trailing four-quarter earnings surprise of 30.9% on average, with a year-to-date stock gain of 10.4% [9]
Marriott International Signs Agreement to Debut St. Regis Hotels & Resorts Brand in Costa Rica
Prnewswire· 2025-05-22 14:00
Core Insights - Marriott International has signed an agreement with Solana PA, S.R.L. to introduce the St. Regis Hotels & Resorts brand in Costa Rica, with development expected to start in July 2025 and a planned opening in early 2027 [1][2][6] Company Expansion - The St. Regis Papagayo will be the first St. Regis hotel and residences in Costa Rica, reflecting Marriott's commitment to expanding its luxury portfolio in key destinations across the Caribbean and Central America [2][6] - The project is strategically located between Panama Bay and Culebra Bay, just 25 minutes from Liberia International Airport, enhancing the luxury offerings in the Papagayo region [3] Project Details - The new St. Regis Papagayo will feature 120 hotel rooms and 143 residential units, along with six distinct culinary venues and various luxury amenities including multiple swimming pools, a spa, and extensive meeting spaces [2][3][5] - The design will be led by the esteemed Mexican architecture firm Sordo Madaleno, with Gensler Mexico City as the principal interior design firm [4][5] Market Potential - The project arrives at a time of increasing demand for high-end travel and residential offerings in Costa Rica, indicating a significant potential for luxury experiences in the region [4][6]