Hilton sees no slowdown in travel demand

The company continues to see a strong hunger for travel through 2023 and into early 2024

Jul 27, 2023

Hilton’s earnings report on Wednesday was the first one from a major hotel group for the second quarter. All eyes were on whether the company saw any cracks in demand. In short: No, the company reported the best booking quarter of its history.

Key takeaways

  • About 85% of the company’s revenue comes from road warriors at small-to-medium-sized businesses;
  • Leisure travel remained way over past high-water marks, with only a few markets like Florida seeing weakening demand;
  • Hilton’s third big revenue driver is group bookings for conferences and other large corporate meetings, where it sees a continued upswell in group bookings by big associations.

Get the full story at Yahoo! Finance and Travel Weekly

Related must-reads


Get our Daily Brief in your inbox

Consumers are changing the face of hospitality - from online shopping to personalized guest journeys and digitalized guest experiences ...
we've got you covered.

By submitting this form, you agree to receive email communication from Hospitality.today and its partners.