Concord Hospitality Marks Successful First Half Of 2021 As Hospitality Industry Rebounds
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In a year when the travel industry has faced challenges like never before, Hilton has reached a historic milestone. Even as the company faced the biggest test in its 101-year history, its resilient, capital-light business model enabled it to reach the one million room milestone in the fourth quarter.
Only two hotels currently have more rooms under management, with Marriott offering 1.4 million and Chinese rival Jin Jiang home to more than a million. Three of the hotels that helped Hilton cross this important threshold paint a picture of its global growth story.
Hilton Garden Inn Umhlanga Arch in South Africa, illustrates an expansion into Africa; Tru by Hilton Savannah Airport, showcases the power of the fastest-growing new brand in the portfolio; while the Hilton Garden Inn Guizhou Maotai Town in China, helped to deliver on ambitious growth goals in the APAC market. Meanwhile, the overall Hilton development pipeline remains strong, including 2,640 hotels and more than 408,0
Hilton Grows to Milestone 1 Million Rooms 17th Dec 2020 | Source: AETOSWire
In a Year Like No Other, Hilton Grows to Milestone 1 Million Rooms and Responds to Pandemic with Innovations for Guests, Positive Impact for Communities
The iconic hospitality company continues to successfully navigate through the crisis and lead the industry in recovery efforts
In a year when the travel industry faced challenges like never before, Hilton (NYSE: HLT) weathered the storm by staying true to its founding purpose – to fill the earth with the light and warmth of hospitality. As the COVID-19 pandemic created unprecedented challenges for the travel and tourism industry, Hilton developed industry-leading guest innovations, reached significant growth milestones and continued to positively impact communities around the world.
16 December 2020
In a year when the travel industry has faced challenges like never before, Hilton has reached a historic milestone.
Even as the company faced the biggest test in its 101-year history, its resilient, capital-light business model enabled it to reach the one million room milestone in the fourth quarter.
Only two hotels currently have more rooms under management, with Marriott offering 1.4 million and Chinese rival Jin Jiang home to more than a million.
Three of the hotels that helped Hilton cross this important threshold paint a picture of its global growth story.
Hilton Garden Inn Umhlanga Arch in South Africa, illustrates an expansion into Africa; Tru by Hilton Savannah Airport, showcases the power of the fastest-growing new brand in the portfolio; while the Hilton Garden Inn Guizhou Maotai Town in China, helped to deliver on ambitious growth goals in the APAC market.
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