Hilton steadily adds to pipeline
Photo of Hilton Worldwide headquarters in McLean, Virginia, USA, by Altercari on Wikimedia Commons.
Hilton Worldwide has recorded modest pipeline growth, with a quarter on quarter increase of 30 projects.
At the end of Q3 2022, the hotel group had more than 2,810 sites on the slate, 1% up on Q2’s total of 2,780.
Global progress
The same percentage increase was reflected in room count, with the total standing at 416,000 rooms as of 30 September, compared to 413,000 keys on 30 June.
Developments are scheduled throughout 112 countries and territories, including 29 countries and territories where Hilton does not currently have any existing hotels.
40% expansion
Of the rooms in the pipeline, 204,200 were under construction and 242,600 keys were located outside Hilton’s home US market.
With Hilton’s total system standing at 7,061 hotels, representing more than 1.1 million rooms, the pipeline equates to 40% of the group’s current footprint by site and 37% by key.
Quarterly additions
The group approved 19,900 new rooms for development during the third quarter. Throughout this period, Hilton opened 80 new hotels, contributing 12,900 additional rooms to the company’s system and achieved net unit growth of 12,100 rooms.
Notable milestones included opening the 25,000th room under the Curio Collection by Hilton brand and the 600th Hilton Hotels & Resorts property. Furthermore, Hilton continued to expand its luxury portfolio with the opening of Waldorf Astoria Kuwait, the brand’s first property in the country.
Ones to watch
The TOPHOTELPROJECTS database presently contains details of 759 high end Hilton developments. Major projects include Waldorf Astoria Doha West Bay, a 43 storey tower taking shape in the Qatari capital which will bring 336 keys online in Q3 2023.
Another high profile international site is Maison Heler Metz a Curio by Hilton Collection hotel in Metz, France – the first European hotel created and developed from the ground up by renowned designer, Philippe Starck. The 119-room property will comprise a recreation of an 18th century traditional Alsatian home set atop an eight-storey monolithic building. Delivery is scheduled for Q1 2024.
Many TOPHOTELNEWS articles draw on exclusive information from the TOPHOTELPROJECTS construction database. This subscription-based product includes details of thousands of hotel projects around the world, along with the key decision-makers behind them. Please note, our data may differ from records held by other organisations. Generally, the database focuses on four- and five-star schemes of significant scale; tracks projects in either the vision, pre-planning, planning, under-construction, pre-opening or newly opened phase; and covers newbuilds, extensions, refurbishments and conversions.
Related Articles
Abu Dhabi sets out growth plan
The rulers of Abu Dhabi have approved a new tourism strategy to drive growth in visitors to the emirate, over the next few years to the 2030 milestone. In common with other parts of the region, the focus is on broadening the area's appeal to international tourists,...
Cheval joins GHA
Serviced apartment group Cheval Collection has signed to link its portfolio to the Global Hotel Alliance, recognising the value of being part of a larger loyalty programme as it seeks to grow its international presence. The GHA, which lays claim to being the world's...
Brands chase Indian growth
India’s hotel market enjoyed a fourfold increase in investment volumes in 2023, with USD401m of properties traded. A market report from agents JLL notes that while one third of these transactions were forced by insolvency processes, fully 25% of the deals involved...
IHG builds China signing pace
IHG Hotels & Resorts has been on the road in China, underlining its commitment to grow its presence further across the country. At the end of March 2024, the roadshow arrived in Beijing, where the group signed 24 new sites for its hotel brands. Of the 24, fully 19...
Investors back Alpine hotels
Alpine ski resorts are seeing a growth in interest from hotel investors, with transaction volumes doubling over the last two years. According to research by agent JLL, more than EUR800m of hotels have been sold across the Savoie and Haute-Savoie regions alone over the...
Visitors return to Hong Kong
Hong Kong’s hotel market has finally made it back to performance levels comparable with the period prior to the Covid-19 pandemic. In February 2024, occupancy during the Lunar New Year holiday averaged 93.4% at room rates averaging HKD2,725 which, report agents CBRE,...
ABOUT THE CHAIN
Hilton Worldwide is a leading global hospitality company with a portfolio of brands spanning more than 6,000 properties around the world.
