Hilton expands in Portugal with three new franchise deals
The company is introducing properties under the Canopy by Hilton, Tapestry Collection by Hilton, and DoubleTree by Hilton brands.
06 August 2024
06 August 2024
The company is introducing properties under the Canopy by Hilton, Tapestry Collection by Hilton, and DoubleTree by Hilton brands.
The company experienced a surge in total revenues, with figures reaching $86.47m compared to $84.47m in Q2 2023.
Slated to open in 2031, the property will offer two signature restaurants, a fitness centre, and a spa.
The property, which is to be managed by Carnation Hotels Private, is slated to open in the fiscal year 2027.
The 110-room property is expected to generate a stabilised yield exceeding 10%.
The new hotel, expected to open in 2028, will encompass 198 hotel rooms and 167 serviced apartments.
The hotel has become a part of Hyatt’s portfolio and will be known as ‘Hyatt Washington DC / Convention Center’.
The Hudini mobile app hospitality initiative allows the five-star resort to offer seamless and efficient services to guests.
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