Hilton

Luxury Hotel Chains Turn Up the Heat in Africa’s High-End Hospitality Market

5 days ago

In an exciting development for Africa’s tourism sector, leading hospitality giants Marriott International and Hilton Worldwide are ramping up their investments in high-end hotels and resorts across the continent. This strategic initiative comes at a time when there is a burgeoning demand for upscale accommodations, spurred by a rise in international travel and an expanding middle class eager to explore and experience luxury.

Hilton Adjusts Profit Forecast Amidst Slowing Travel Demand

6 months ago

In a recent announcement, Hilton Worldwide Holdings Inc. has revised its profit outlook for 2024, citing a notable slowdown in travel demand as a primary factor. The hospitality giant reported this adjustment during their third-quarter earnings call, revealing that expectations for growth have weakened, which has raised concerns among investors and analysts alike.