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Hilton’s Luxury Push, Travel CEOs’ Pay, and Hotels’ Growth Projections

Hilton’s Luxury Push, Travel CEOs’ Pay, and Hotels’ Growth Projections

Published 1 year, 4 months ago
Description

Hilton is expanding its luxury portfolio to attract affluent travelers and strengthen its loyalty program, having recently opened its 1,000th luxury property with plans to add 150 more this year. Meanwhile, Skift analyzed 2024 CEO compensation for travel companies in the S&P 500, finding Booking’s Glenn Fogel, Disney’s Robert Iger, and Uber’s Dara Khosrowshahi among the top 25 highest-paid CEOs. Lastly, CoStar Group has downgraded its 2025 U.S. hotel industry growth forecast to 1% due to spring underperformance and economic uncertainty, though luxury hotels continue to outperform mid-tier and budget segments.

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