Lifestyle hotels are making up a bigger part of the development pipeline - one way to bring in higher daily rates.
MCLEAN, Va., June 03, 2024--With nearly 350 existing lifestyle hotels and another 350 expected to join the portfolio by 2028, Hilton (NYSE: HLT) is set to double its presence in the fast-growing lifestyle category in the next four years. The recent addition of Graduate Hotels and NoMad to Hilton’s portfolio, coupled with increasing guest and owner demand, has positioned the company to further accelerate lifestyle category growth.
On May 28, 2024, Director Melanie Healey acquired 2,000 shares of Hilton Worldwide Holdings Inc (NYSE:HLT), as reported in a recent SEC Filing.