Hilton Trims Revenue Outlook as U.S. Travel Demand Softens

Pop culture icon Paris Hilton is serving up her latest project, a glittery pink waffle, to Hampton by Hilton guests in the U.S. and Canada.

The world’s largest hotel franchisor is seeing resilient demand for leisure and business travel despite economic uncertainty — even at the budget end of the market. Wyndham’s third-quarter results highlighted the benefits of having a heavy mix of hotels and resorts in the economy and midscale segments.

Good morning from Skift. It’s Thursday, October 24, 2024, and here’s what you need to know about the business of travel today. 

Hilton hit both an important loyalty milestone and a growth record in the third quarter — further signs the hotel giant is increasingly a formidable competitor against its rival and the world's largest hotel company, Marriott International.

Hilton reported record hotel openings and development activity in the third quarter.

Good morning from Skift. It’s Tuesday, October 22, 2024, and here’s what you need to know about the business of travel today. 

InterContinental Hotels Group (IHG) saw strong momentum in its expansion efforts in the third quarter. The hotel group added 17,500 rooms across 98 hotels, more than doubling its growth pace from the same period last year.

Workers in the Greek tourism industry say they are at breaking point, straining under long hours, low wages and not enough colleagues to cover the work.

Hilton president and CEO Christopher Nassetta believes the hotel group’s focus on traditional hotels and lodging and mostly “organic” growth gives it an edge over competitors expanding into cruises, vacation rentals, and other categories.

United Airlines said corporate revenues were up 13% in the third quarter and that demand for premium travel remained resilient. 

A new report from leading global travel service provider, Trip.com Group, found that while travelers are more aware of sustainability than ever before, there’s a gap between that awareness and action when it comes to their travel. 

While women have been traveling the world on their own for decades (centuries, really), a 2024 report from Booking.com reveals that solo travel is surging this year, in particular.The booking engine says 54 percent of women are embracing solo journeys.A separate report from Road Scholar, which offers educational travel for older adults, says up to 85 percent of the company’s tour participants that travel solo are women. These reports underscore what plenty of female travelers have long known: Solo women travelers are a force to be reckoned with. Write us off at your own peril.Within the travel industry itself, there are a number of high-profile solo female travelers who are constantly serving up an inspiring look at what it’s like to be a woman exploring the world boldly - doing so with comfort, ease, and a level sheer joy that’s contagious.So, rather than publish another staid round-up of destinations that might be worth considering if you’re a woman traveling alone, we asked a handful of these fearless, globetrotting women what their favorite destinations are to explore solo and why.Consider this your insider’s destination guide, curated by a handful of women who, collectively, have visited nearly every corner of the globe and have done so with abandon.