Press Releases

Hilton on Track to Double Portfolio in China Following 888 Hotel Milestone

Hilton (NYSE: HLT) today announced the grand opening of Waldorf Astoria Shanghai Qiantan and celebrated its milestone of 888 trading hotels across Greater China and Mongolia. This achievement reinforces Hilton’s position as the largest and fastest-growing international hospitality company in the region with the company on track to double its presence in the region in the coming years.

STR Weekly Insights: 5-11 October 2025

For the second consecutive week, average daily rate (ADR) rose at the rate of inflation, up 2.6% for the period ending 11 October 2025. As a result, U.S. revenue per available room (RevPAR) rose 0.6%, marking the industry’s first weekly increase since the end of August. Occupancy, however, fell for a 16th straight week, with the most recent decline (-1.4 percentage points) half of what had been seen in the previous fortnight (~2.5ppts).