Hilton

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Conrad Residences for Bahrain

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Conrad Hotels & Resorts has signed an agreement to open Conrad Residences Bahrain Financial Harbour in 2022 at the mixed-use development First Energy Bank Tower.  

The Latest

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    Development
    Hilton has signed an agreement with Societe Marhaba Beach to open Hilton Skanes Monastir Beach Resort in 2022.
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    Development
    Hilton has signed an agreement with Troulis Royal Collection to open The Royal Senses Resort Crete, Curio Collection by Hilton in 2021.
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    Inner Circle
    As hopes rose about the global rollout of a vaccine to allow us to leave the pandemic behind, owners were eager to hold onto some of the gains made from the brands and keep costs down. Sagar V. Shah, Dharam Goragandhi and Rich Gandhi, co-founders of Reform Lodging, called on the leading global operators to consider eliminating or reducing complimentary breakfast requirements. Polling of Reform Lodging members revealed that 90% were requesting change, as we entered the next phase of the pandemic.
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    Development
    The hotel construction pipeline in the Middle East declined by 7% to 579 projects at the end of the third quarter, according to Lodging Econometrics.
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    Video - In Focus
    In this episode Alexi and Katherine catch up with Elaine Simon of Hotel Management to review the positive impact the vaccine news is having on the hospitality and travel industries. Alexi asks "Is it better to be lucky or good right now?" They take a look at results from the big brands such as Marriott and Hilton and how consumer behaviour is changing the big players stake in the market. Just how much can the brands rely on the success seen in China, will it be enough to keep them out of trouble? Will investors now look to the extended stay market as not just an alternative asset but a core asset alongside hotels? The team discuss Airbnb, and Elaine dives into how valuable the extended stay sector is for the hospitality industry with a spotlight on the US.  Also looking to REITs and the brand/operator relationships. There has always been friction here, was it just a matter of time before this became a bigger conversation? Will they be saved by the vaccine?  Join us for a thoroughly engaging discussion and debate on the latest hospitality developments.  You can view the wrap up edit here and also the full interview with guest Jonathan Falik here. 
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    Development
    The WB Abu Dhabi, the first Warner Bros-branded hotel, will be operated and managed by Hilton under its Curio Collection by Hilton brand.
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    Results
    Hilton said that it would look to conversions to supplement a drop-off in financing for new hotels, as it reported net unit growth of 4.7% for the third quarter.