Hilton's latest results.

Hilton Worldwide Holdings has just reported its third quarter 2024 results, Christopher J. Nassetta, President & Chief Executive Officer of Hilton, said, "We were pleased to deliver continued strong bottom line results that exceeded our guidance, despite slower top-line growth which was driven by modestly slower macro trends, weather impacts and unfavourable calendar shifts. We continued to demonstrate the strength of our model, opening more rooms than any other quarter in our history, surpassing 8,000 hotels and achieving net unit growth of 7.8 percent."

For the three months ended September 30, 2024, system-wide comparable RevPAR increased 1.4 percent compared to the same period in 2023 due to increases in both occupancy and ADR, and management and franchise fee revenues increased 8.3 percent compared to the same period in 2023.

For the nine months ended September 30, 2024, system-wide comparable RevPAR increased 2.4 percent compared to the same period in 2023 due to increases in both occupancy and ADR, and management and franchise fee revenues increased 10.7 percent compared to the same period in 2023.

For the three months ended September 30, 2024, diluted EPS was $1.38 and diluted EPS, adjusted for special items, was $1.92 compared to $1.44 and $1.67, respectively, for the three months ended September 30, 2023. Net income and Adjusted EBITDA were $344 million and $904 million, respectively, for the three months ended September 30, 2024, compared to $379 million and $834 million, respectively, for the three months ended September 30, 2023. 

Hilton Global Foundation Unveils Record $5.3 Million Commitment Towards Organizations Championing People and Planet

Funding will support 16 nonprofits creating career development and job opportunities, addressing food insecurity, strengthening local biodiversity efforts and uplifting communities around the world 

In a major step towards its mission to create a better world for travel, the Hilton Global Foundation announced today a record $5.3 million commitment towards 16 nonprofit organizations working to combat poverty, foster career development opportunities and protect the destinations where we live, work, and travel. 

The Hilton Global Foundation aims to make a positive social and environmental difference for communities, ensure a sustainable future for generations to come and supercharge Hilton’s progress towards its 2030 Travel with Purpose goals. Since its launch in 2019, funding from the Hilton Global Foundation has provided more than 220,000 people with access to clean water, donated more than 18 million pounds of food to communities in need and created nearly 113,000 learning and career growth opportunities.  

"Conrad Hilton believed travel could be a force for good, and we’ve been committed to fulfilling this Purpose for more than 105 years. Now more than ever, our communities need meaningful positive impact, and the Hilton Global Foundation is proud to be supporting these remarkable 16 grantees with the largest ever donation in our history."

Katherine Lugar

EVP, Corporate Affairs, Hilton and President, Hilton Global Foundation

“Conrad Hilton believed travel could be a force for good, and we’ve been committed to fulfilling this Purpose for more than 105 years. Now more than ever, our communities need meaningful positive impact, and the Hilton Global Foundation is proud to be supporting these remarkable 16 grantees with the largest ever donation in our history,” said Katherine Lugar, EVP, corporate affairs, Hilton and president, Hilton Global Foundation. “Together, we are working to address some of the world’s most urgent challenges, and we look forward to making a positive impact and ultimately a better world for travel.”   

Hyatt brand reaches new peaks with Cheyenne Mountain Resort in Colorado Springs

The mountainside resort will complement the diverse collection of Destination by Hyatt hotels through immersive year-round guest experiences amidst breathtaking landscapes.

Hyatt Hotels welcomes Cheyenne Mountain Resort to the Destination by Hyatt brand, extending even more true-to-place experiences in new destinations for guests and World of Hyatt members. Nestled among the scenic wonders of the Rocky Mountains with 316 guestrooms and suites, Cheyenne Mountain Resort invites adventurers, nature enthusiasts, relaxation seekers and business travellers alike to connect to the destination with immersive outdoor experiences and local touches.

World of Hyatt

Located a short drive from both the central downtown and Colorado Springs Airport, Cheyenne Mountain Resort embodies the Destination by Hyatt brand ethos, offering travellers the opportunity to enjoy the local culture and Colorado-inspired accommodations which refresh the spirit and uplift the senses. As an inviting gateway to the best of Colorado Springs, the resort provides a dynamic mix of adventure and authentic connections for travellers coming from near and far.

“Cheyenne Mountain Resort perfectly embodies the Destination by Hyatt portfolio, inviting guests to enjoy the natural beauty and adventure-filled stays Colorado Springs offers through a local lens,” said Katie Johnson, Vice President, Global Brand Leader for Hyatt’s Independent Collection brands. “The addition of this unique hotel reflects Hyatt’s commitment to expanding the Destination by Hyatt brand presence in meaningful ways with distinct hotels that celebrate the unique essence of their locations.”

An Unforgettable Gateway to Experience a Deep Sense of Place

Surrounded by picturesque views of the Rocky Mountains and overlooking a tranquil 35-acre lake, Cheyenne Mountain Resort serves as an ideal base camp for exploration. Guests can dive into countless year-round activities, including hiking trails leading to panoramic views of Pikes Peak, serene lakeside moments where they can dive into a new book or build sandcastles at the lakefront beach. The resort’s proximity to activities such as kayaking through Curr Reservoir and visiting Garden of the Gods, a world-renowned natural landmark, ensures that each stay is a one-of-a-kind and enriching journey.

“We are excited to join the Destination by Hyatt brand to introduce our hotel’s elevated guest experience to those who have come to know and trust Hyatt hotels with their stays – whether travelling with family to explore a new destination or for team-building experiences among colleagues,” said Jess Johnson, Director of Sales and Marketing, Cheyenne Mountain Resort. “The resort blends personalized service with memorable experiences – all authentically rooted in the local atmosphere, making it a perfect getaway to reconnect with self and those who matter the most.”

The resort is comprised of 100,000 square feet of indoor and outdoor space featuring 316 well-appointed guestrooms and suites, designed for warm and welcoming comfort, with many accommodations offering private balconies with stunning views of the mountains or the lake. There are five swimming pools onsite as well as access to 16 tennis courts, eight pickleball courts and an 18-hole Pete Dye-designed golf course. The resort's commitment to well-being and outdoor recreation is further enhanced by its state-of-the-art, 9,000-square-foot fitness centre offering complimentary fitness and aquatics classes, plus outdoor courts for beach volleyball and basketball. Guests can unwind at the Alluvia Spa and Wellness Retreat with a range of rejuvenating treatments, including soothing aromatherapy massages, energy-balancing sessions and refreshing facials, designed to restore both the body and mind.

Distinct Event Spaces & Tastes for Any Occasion

Cheyenne Mountain Resort offers an exceptional setting for events and corporate meetings, featuring 40,000 square feet of versatile meeting space. With 38 meeting rooms, including scenic outdoor venues like the Cheyenne Courtyard and Grand Rivers Terrace, the resort accommodates everything from intimate boardroom meetings to large events of up to 600 attendees.

Led by Executive Chef James Wilson, a Le Cordon Bleu-trained chef dedicated to using fresh, locally sourced ingredients, various onsite dining experiences are available. Guests can start their day with breakfast at Mountain View Restaurant, featuring stunning panoramic views of the surrounding landscape. For a laid-back evening, Elevations Lounge offers craft cocktails, local brews and shareable plates in a cosy setting – perfect for unwinding after a day of exploring the great outdoors or conquering business meetings. Whether dining indoors or al fresco, every meal promises a taste of Colorado Spring’s rich flavours and welcoming spirit.

 

World of Hyatt

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Marriott International, Inc. and Sands China Ltd. are set to redefine luxury in Macao with the signing of an agreement to debut The Luxury Collection brand to the market.

Marriott International, Inc. and Sands China Ltd. are set to redefine luxury in Macao with the signing of an agreement to debut The Luxury Collection brand to the market. Anticipated to open in January 2025, Londoner Grand, a Luxury Collection Hotel, Macao is poised to cater to the world’s discerning travellers, blending the brand’s authentic take on luxury with the city’s local charm to provide a unique and enriching travel experience.

“We are thrilled to work with Sands China Ltd. to bring the first Luxury Collection Hotel to Macao, a destination that continues to attract travellers across the globe,” said Gavin Yu, Chief Development Officer, Greater China, Marriott International. “The highly anticipated hotel will blend Macao’s East-meets-West culture with The Luxury Collection’s distinctive perspective on luxury, providing our guests unparalleled access to a city rich with heritage, cuisine, and captivating experiences.”

Located at the heart of Macao’s Cotai Strip with the city’s premier entertainment, shopping, and dining districts right at the guests’ doorstep, the hotel is approximately 4.9 kilometers away from Macau International Airport and 6.2 kilometres away from Taipa Ferry Terminal. For guests looking to be immersed culturally, renowned sites such as Senado Square, Taipa Houses, and Ruins of St. Paul’s are also accessible by a short car ride. 

Hyatt Hotels has entered into agreements with partners for a new property in Australia, the Andaz Gold Coast

Hyatt Hotels has entered into agreements with partners for a new property in Australia, the Andaz Gold Coast will be part of an integrated resort masterplan, The Star Gold Coast will open in mid-2025.

“We are thrilled to announce plans to bring the Andaz brand to Australia’s premier resort destination in collaboration with The Star Gold Coast,” said David Udell, group president, Asia Pacific, Hyatt. “Hyatt has had a brand presence in Australia for over 40 years, and we are excited to expand our luxury, lifestyle and leisure offerings into sought-after destinations like the Gold Coast. This resort will complement our current portfolio of 10 hotels under five distinct brands in Australia, including Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt Centric and Hyatt Place.”

The Star Gold Coast General Manager of Hotels Steve McPharlin said, “We are delighted to welcome Andaz Gold Coast to our world-class tourism and entertainment precinct. As part of The Star Gold Coast’s AU$2 billion (approximately US$1.33 billion) masterplan, we are proud to continue our investment in this dynamic city while also providing new employment opportunities alongside vibrant hospitality experiences.”