Hilton: SME demand fuels business travel recovery

Improvement reflects the resiliency of business travel among small and midsize businesses, which make up 85% of Hilton’s business segment mix

Apr 27, 2023

Hilton Worldwide’s first-quarter business travel revenue again topped 2019 benchmarks while revenue per available room increased 30 percent year over year, Hilton executives said on a Wednesday earnings call.

Key takeaways

  • Hilton’s business transient revenue “continued to improve,” and was up 4 percent over 2019 levels;
  • As for group recovery, group RevPAR in Q1 finished roughly in line with 2019 levels with “steady” month-over-month improvement;
  • In Q1, Hilton’s systemwide RevPAR increased 30 percent year over year.

Get the full story at BTN

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.