Hilton Worldwide

RLJ Lodging Trust Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023
Other Construction & Property, Commercial Building & Real Estate, Lodging, Construction & Property, REIT, Travel, RevPAR, Collection, ADR, Comparable, Revolver, Pandemic, Trustee, Scottish royal tapestry collection, B. F. Saul Company, Hilton Worldwide, Tourism, Hotel, Holding company

ADR during the second quarter of 2023 increased by 3.8% compared to the comparable period in 2022, achieving 106.5% of the comparable period in 2019.

Key Points: 
  • ADR during the second quarter of 2023 increased by 3.8% compared to the comparable period in 2022, achieving 106.5% of the comparable period in 2019.
  • The Company’s performance during the second quarter was positively impacted by continued strength in ADR across the portfolio and sustained improvement in urban markets.
  • The Company's Board of Trustees declared a second quarter cash dividend of $0.4875 on the Company’s Series A Preferred Shares.
  • The dividend will be paid on October 31, 2023 to shareholders of record as of September 30, 2023.

BRAEMAR HOTELS & RESORTS UNVEILS THE CAMEO BEVERLY HILLS, A REBRANDING OF THE MR. C BEVERLY HILLS, JOINING THE HILTON FAMILY OF BRANDS

Retrieved on: 
Wednesday, August 2, 2023
Braemar, Partnership, REIT, Flamingo Resort, Inc. v. United States, Hilton, History, BHR, Collection, The Biltmore Mayfair, LXR Hotels & Resorts, Remington, Rodeo Drive, LXR, Hilton Worldwide, NYSE, Hotel

DALLAS, Aug. 1, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the rebranding and planned conversion of its Mr. C Beverly Hills ("Mr. C") in Los Angeles, California to the Cameo Beverly Hills.

Key Points: 
  • DALLAS, Aug. 1, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the rebranding and planned conversion of its Mr. C Beverly Hills ("Mr. C") in Los Angeles, California to the Cameo Beverly Hills.
  • Beginning August 4, 2023, Cameo Beverly Hills will be available for booking on Hilton's website at hilton.com and join Hilton Honors, Hilton's award-winning guest loyalty program.
  • Following an extensive renovation, which is expected to be completed by the end of 2025, the hotel will join LXR Hotels & Resorts ("LXR").
  • Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.

Hilton Reports Second Quarter Results; Raises Full Year Outlook

Retrieved on: 
Wednesday, July 26, 2023
Lodging, Destinations, Travel, Vacation, Workforce, RevPAR, ADR, HLT, Multimedia, Public expenditure, EBITDA, The Company, Acquisition, H3, Capital, Webcast, Growth, EPS, Adjustment, NYSE, Hilton Worldwide, Hotel, Bookkeeping, Video game, Health care, Renewable energy, Cryptocurrency, Car rental, Sewing, Reinsurance

Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its second quarter 2023 results.

Key Points: 
  • Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its second quarter 2023 results.
  • In the second quarter of 2023, Hilton opened 92 new hotels totaling 14,000 rooms and achieved net unit growth of 11,200 rooms.
  • During the second quarter of 2023, Hilton repurchased 3.3 million shares of its common stock at a cost of $470 million and an average price per share of $141.96.
  • Hilton will host a conference call to discuss second quarter of 2023 results on July 26, 2023 at 10:00 a.m. Eastern Time.

Puttshack Announces Promotion of Key Technology Executive

Retrieved on: 
Tuesday, July 25, 2023
Lexmark, Mark Shepherd (businessman), Chief technology officer, Shepherd, Hilton Worldwide, Software, Architecture, Growth, Video game, Renewable energy

CHICAGO, July 25, 2023 /PRNewswire/ -- Puttshack, the world's first and only upscale tech-infused mini golf experience featuring craft cocktails, local beers, and globally inspired dishes, today announced the promotion of Ben Shepherd to serve as the company's Chief Information and Technology Officer. Shepherd will lead Puttshack's technology department forward and oversee all technical and business aspects of the company's technology strategy. This role enhances Puttshack's senior leadership team as the company readies for continued growth across the United States. Shepherd will report directly to Global President and CFO Logan Powell.

Key Points: 
  • Shepherd will lead Puttshack's technology department forward and oversee all technical and business aspects of the company's technology strategy.
  • Puttshack has more than two million lines of proprietary code that drive its website, cloud, analytics, in-venue screens, and mini-golf game.
  • "Since coming on board two years ago, Ben has cemented himself as an invaluable asset not only to our executive team, but to Puttshack as a whole, as we embark on ambitious growth plans," said Puttshack Global President, Logan Powell.
  • The Puttshack technology team will also continue its work on the company's other groundbreaking software, enabling gameplay to be updated remotely and quickly, meaning guests can enjoy uninterrupted mini golf.

RLJ Lodging Trust’s Boutique Nashville Hotel to Join Hilton’s Tapestry Collection

Retrieved on: 
Thursday, July 20, 2023
REIT, Lodging, Commercial Building & Real Estate, Construction & Property, Travel, AT&T, Heart, RLJ, Collection, AT, AllianceBernstein, Tennessee State Capitol, Scottish royal tapestry collection, Cumberland River, Hillsboro Central/Southeast 3rd Avenue Transit Center, UBS, Nashville, Tennessee, Hilton Worldwide, NYSE, 21c Museum Hotels, Hotel, Nightclub

RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Nashville property is joining the Tapestry Collection by Hilton.

Key Points: 
  • RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Nashville property is joining the Tapestry Collection by Hilton.
  • The 124-room property will undergo a comprehensive renovation next year and relaunch as a rebranded lifestyle boutique hotel within the Tapestry Collection by Hilton.
  • “The affiliation with the Tapestry Collection allows this outstanding lifestyle boutique hotel to fully unlock its potential by immediately leveraging Hilton’s extensive Hilton Honors system.
  • “The Hotel was already poised to benefit from significant redevelopment within close proximity to Bankers Alley, which will directly benefit the Downtown Nashville submarket.

Hotel Engine Announces Limited-Time Promotion for Summer Business Travel

Retrieved on: 
Wednesday, July 19, 2023
Apps, Applications, Technology, Other Construction & Property, Other Travel, Lodging, Construction & Property, Travel, Consolidation bill, Hotel, Fraud, Hilton Worldwide, FlexPro, Tourism, Online shopping

Travel technology leader Hotel Engine today announced a first-of-its-kind promotion for new customers to save big on future bookings.

Key Points: 
  • Travel technology leader Hotel Engine today announced a first-of-its-kind promotion for new customers to save big on future bookings.
  • Key attributes of the platform include:
    Cost Savings: Hotel Engine offers up to 60% off rates through relationships with direct hotel partners and wholesalers.
  • And with its free cost savings calculator , Hotel Engine helps customers estimate the potential cost advantages of booking accommodations through its platform.
  • To learn more about the promotion and sign up for Hotel Engine, visit here .

Hilton Announces Second Quarter 2023 Earnings Release Date

Retrieved on: 
Wednesday, June 28, 2023
Other Travel, Commercial Building & Real Estate, Vacation, Lodging, Construction & Property, Destinations, Travel, Webcast, HLT, NYSE, Hilton, EDT, Hilton Worldwide, Hotel, Broadcasting

Hilton Worldwide Holdings Inc. (NYSE: HLT) will report second quarter 2023 financial results before the stock market opens on Wednesday, July 26, 2023, followed by a conference call at 10 a.m. EDT.

Key Points: 
  • Hilton Worldwide Holdings Inc. (NYSE: HLT) will report second quarter 2023 financial results before the stock market opens on Wednesday, July 26, 2023, followed by a conference call at 10 a.m. EDT.
  • Christopher J. Nassetta, president & chief executive officer, Hilton, and Kevin Jacobs, chief financial officer & president, global development, Hilton, will discuss the company's performance and lead a question-and-answer session.
  • Participants may listen to the live webcast by logging onto the Hilton Investor Relations website at https://ir.hilton.com/events-and-presentations .
  • A replay and transcript of the webcast will be available within 24 hours of the live event at https://ir.hilton.com/financial-reporting .

Apple Hospitality REIT Recognizes Top Performers with 2022 Apple Awards

Retrieved on: 
Wednesday, June 28, 2023
REIT, Lodging, Commercial Building & Real Estate, Construction & Property, Travel, Breakfast, Housekeeping, NYSE, Golden Apple Award (education), Attitude, Coffee, Apple, Hampton by Hilton, Hospitality, Courtyard, Assistant, Hilton Garden Inn: Ultimate Team Play, Homewood Suites by Hilton, Residence Inn by Marriott, Aimbridge Hospitality, Beatrice, Ernst & Young Entrepreneur of the Year Award, Hilton Worldwide, Mobile phone, Hotel, Nursing, Bistro

Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced recipients of the Company’s 2022 Apple Awards.

Key Points: 
  • Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced recipients of the Company’s 2022 Apple Awards.
  • The Company is honored to present the following Apple Awards:
    2022 Management Company of the Year Award – NCG Hospitality.
  • Apple Hospitality is also pleased to once again present Quarterly Shining Apple Awards to the hotel(s) with the highest ranking for the quarter based on balanced scorecard metrics.
  • Apple Hospitality’s 2022 Apple Awards are presented to five hotel associates in recognition of their exceptional hospitality and service.

Hilton Expands Portfolio with Apartment-Style Extended-Stay Brand

Retrieved on: 
Tuesday, May 23, 2023
Vacation, Other Travel, Lodging, Destinations, Travel, Hive, Workforce, Signature, Life, HLT, Point, Research, History, Military personnel, Work, H3, Coffee, Growth, Rest, Environment, NYSE, Hotel, Project, Hilton Worldwide

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    Launching in the U.S. under the working title Project H3 as Hilton navigates the final stages of the trademark process, this lower midscale, extended-stay solution is the newest addition to Hilton's portfolio of world-class brands.
  • The new brand prototype dedicates the majority of space to revenue-generating guest rooms, thus reducing overhead costs for prospective owners.
  • The addition of this new extended-stay brand enhances Hilton’s diverse brand portfolio which has more than doubled in the past 15 years, including the recently announced Spark by Hilton brand , building on Hilton’s dynamic approach to the rapidly changing marketplace.
  • Project H3 will participate in Hilton Honors , Hilton’s award-winning guest loyalty program for the company’s portfolio of more than 7,200 properties worldwide.

Holiday Inn Express Greensboro-(I-40 @ Wendover) Unveils Stunning Renovation to Enhance Guest Experience

Retrieved on: 
Monday, May 22, 2023
Energy, Organic, Snack, Paint, Wendover Avenue (Greensboro), Holiday Inn Express, I-40, Multimedia, Hilton Worldwide, IHG Hotels & Resorts, Greensboro Coliseum Complex, IHG, Marriott International, Express, Piedmont Triad International Airport, Interior design, Hotel

The Holiday Inn Express Greensboro-(I-40 @ Wendover) now boasts the ability to upgrade guests to spacious studio or two room suites with separate seating areas with pull out sofas.

Key Points: 
  • The Holiday Inn Express Greensboro-(I-40 @ Wendover) now boasts the ability to upgrade guests to spacious studio or two room suites with separate seating areas with pull out sofas.
  • "We are thrilled to unveil the stunning transformation of our hotel," said Sandra Stoddart, General Manager of Holiday Inn Express Greensboro-(I-40 @ Wendover).
  • The Holiday Inn Express Greensboro-(I-40 @ Wendover) is owned and managed by Daly Seven, Inc., under a license agreement with InterContinental Hotels Group.
  • InterContinental Hotels Group (IHG), one of the world's leading hotel companies, is the parent company of the Holiday Inn Express brand.