Hilton doesn’t plan to offer bargains again soon

The company doesn’t think prices will go down, nor is there going to be a major influx of new hotels anytime soon

Feb 13, 2023

Hilton CEO Christopher Nassetta suggested bargains might be a thing of the past, as inflation looks likely to cool off and the recent job numbers suggested the U.S. economy might be able to avoid a recession.

Key takeaways

  • There is more recovery and more pent-up demand, particularly with business travel and the group segments;
  • The company believes it has good pricing power, at least through this year, simply because there's no capacity addition really coming into the market.

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