Hilton Adds 2 Properties in Maui
Skift Take
Hilton is expanding on Maui with a new Hampton Inn & Suites opening in April and the conversion of Maui Seaside Hotel into a Tapestry Collection by 2026.
The DJIA was up 335 points on Friday, Nasdaq rose 292, the S&P 500 was up 59 points, and the 10-year treasury yield was flat at 4.61%. Lodging stocks were modestly higher.
Argus Research upped their target price on Marriott International to $330 from $300. They maintained their Buy rating.
Wells Fargo cut their price target on Airbnb to $96 from $100. They maintained their Underweight rating.
Hilton is adding two hotels on Maui, including the conversion of an existing hotel to Tapestry Collection by Hilton and a brand new Hampton Inn & Suites by Hilton nearing completion. Hampton Inn & Suites Maui North Shore in Kahului is expected to open in April with 136 rooms. Neighboring the hotel is Maui Seaside Hotel which will later be converted to a Tapestry Collection in mid-2026. The Maui Seaside Hotel is a 195-key low-rise hotel and
