Hilton’s Luxury and Lifestyle Brands Open Their 1,000th Hotel
Skift Take
Hilton reached 1,000 luxury and lifestyle hotels globally with recent openings in Paris, Cape Town, Dallas, Osaka, and Costa Rica, planning 150-plus more in 2025.
The DJIA ended Friday up 54 points, while Nasdaq was down 62, the S&P 500 was flat, and the 10-year treasury yield was down .01 to around 4.42%. Lodging stocks were mixed.
With NYU and NAREIT this week, we have a lot of updates on outlooks for 2025 from consultants and analysts. Baird said May has been tracking better than expected/feared, especially compared to guidance that was provided just a month ago when tariff, economic, and capital markets uncertainties were higher. They expect management teams to have an upbeat tone this week, but Baird warned that the top-line outlook remains sluggish and expense headwinds are still pressuring profitability and cash flow growth. They did modestly increase earnings estimates for their coverage. On the investment side, they continue to prioritize balance sheet strength, capital allocation flexibility, and free cash flow.
Morgan Stanley said they still see RevPAR in the U.S. hovering in the 0%-2% ran
