Hilton Named No. 1 Best Company to Work For in the US

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Recognition marks the third time Hilton has topped the U.S. list and follows No. 1 ranking as the World’s Best Workplace

MCLEAN, Va. – Hilton has once again been recognized for its award-winning workplace culture. Today, Great Place to Work and Fortune named Hilton No. 1 on the 100 Best Companies to Work For in the U.S. list, marking its ninth consecutive placement on the prestigious list and sixth consecutive year in the top 10. Today’s recognition follows the company’s ranking as the No. 1 World’s Best Workplace and makes Hilton the only hospitality company to have earned the top spot on these prestigious lists.

“We are truly honored to be recognized yet again as the No. 1 Best Company to Work For in the U.S. Topping the list for the third time following our recognition as the No. 1 World’s Best Workplace is especially meaningful,” said Chris Nassetta, president and CEO, Hilton. “Our team members have always been at the heart of our hospitality, and these collective recognitions are the result of the passion they bring to our guests and to one another each and every day. We are so proud of the incredible culture we’ve built together and look forward to building on this tremendous foundation in the years to come.”

This recognition is the direct result of positive feedback from Hilton team members. Even during the turbulent times of the past five years, Hilton’s strong global culture helped the hospitality leader remain committed to the purpose of spreading the light and warmth of hospitality when it was needed most. Today, that culture drives Hilton’s performance and recognition as a Great Place to Work in over 60 countries, including other No. 1 rankings in Austria, the Dominican Republic, India, Italy, Nigeria, Oman, Peru, Switzerland and Uruguay.

“The foundational elements of our culture were put in place over a century ago, when our founder Conrad Hilton asked the men and women of Hilton to think big, dream big, act big,” said Laura Fuentes, chief human resources officer, Hilton. “This recognition is an opportunity to celebrate all we have accomplished to achieve his vision while also serving as a reminder that there is no finish line when it comes to focusing on what matters most to our team members – and that’s ensuring that they feel supported at every step of their personal and professional journeys.”

By making investments in programs and benefits that support inclusion, wellness, growth and purpose, Hilton’s culture of people serving people engages and inspires team members to create great stays for our guests, which drives guest satisfaction, strengthens Hilton’s business and creates continued economic opportunity for communities around the world.

Hilton continues to offer best-in-class benefits to both hourly and salaried team members including a global mental wellbeing curriculum, discounted travel benefits through the Go Hilton travel program and industry-first access to debt-free education through Guild.

To learn more about Hilton’s great workplace culture, jobs.hilton.com.

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TRAVEL UPTICK: THREE-QUARTERS OF AMERICANS PLAN TO TAKE A TRIP IN THE NEXT YEAR

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Positive travel sentiment increases despite cost pressures according to MMGY Global survey

Kansas City, MO (April 3, 2024) – The travel industry continues to boom, with a significant increase in travel intentions among U.S. adults in 2024 according to new research from MMGY Travel Intelligence. In the latest edition of the firm’s Portrait of American Travelers® study, three-quarters of Americans (76%) report they plan to take a vacation in the next 12 months, a notable increase from 70% observed this time last year. Furthermore, nearly two-thirds (64%) of these travelers plan to take a trip in the next six months – a significant boost from 58% reported in October 2023.

MMGY Travel Intelligence also reports that the Traveler Sentiment IndexTM (TSI) has shown a slight increase from February 2023, rising from 109 to 113. This increase reflects growing optimism related to both domestic and international travel, despite inflationary pressures in the U.S. and a slight decrease in perceived safety of international travel.

“Despite travelers reporting increased safety concerns for international travel, overall interest and intent to travel continue to rise,” said Chris Davidson, Executive Vice President of MMGY Travel Intelligence. “Travelers are continuing to prioritize spending on experiences, and peoples’ travel decisions are increasingly affected by values such as commitments to environmental sustainability.”

Additional key takeaways from the Portrait of American Travelers® “Spring Edition” follow.

  • •  The TSI reveals a slight decline in travelers who consider international trips to be safe (down from 52% this time last year to 48%).
  • •  Despite rising costs, inflation and gas prices are having less of an impact on travel plans when compared to October 2023.
  • •  Millennials and high-income households are leading the way in increased travel spending intentions, reaching the highest level since the COVID-19 pandemic.
  • •  Hawaii (67%), Florida (66%), California (57%) and Colorado (56%) are the top states drawing interest among leisure travelers, with Las Vegas (59%), Maui (58%) and Honolulu (58%) leading as destinations of interest.
  • •  Many travelers continue to consider sustainability in travel planning, with 56% reporting they are willing to pay more to support environmentally responsible providers. Gen Z and Millennial travelers rank sustainability especially high when making travel decisions.
  • •  Three in 10 active leisure travelers have reported using AI tools for travel planning, with younger travelers being the most likely to use AI to make travel plans.

In addition to exploring ongoing trends such as traveler preferences and purchase behaviors, the “Spring Edition” also includes new insights dedicated to sustainability in travel, sources of travel-planning information, accommodations and international travel intentions. For more information or to purchase a copy of the study, visit mmgyintel.com.

About the 2024 Portrait of American Travelers®

MMGY Global’s Portrait of American Travelers® study provides an in-depth examination of the impact of the current economic environment, prevailing social values, and emerging travel habits, preferences and intentions of Americans. Now in its 34th year, it is widely regarded as a leading barometer of travel trends and an essential tool for both the development and evolution of brand and marketing strategy. The travel trend information presented in this “Spring Edition” report was obtained from interviews with 4,500 U.S. adults in February 2024 featuring data from four generations: Gen Zers (18–25), Millennials (26–41), Gen Xers (42–57) and Boomers (58–76). The Silent/GI generation (77+) was also surveyed, but results are not broken out for this specific generation due to a small respondent sample size. This is the first of four quarterly reports to be released this year.

About MMGY Travel Intelligence

MMGY Travel Intelligence is MMGY Global’s industry research and insights brand, offering proprietary data and research including MMGY Global’s Portrait of American Travelers® as well as DK Shifflet’s TRAVEL PERFORMANCE/MonitorSM, which utilizes the largest continuous consumer travel database in the industry. The organization’s services are designed to power travel industry decision-makers through consumer insights, travel performance data, and audience modeling and segmentation. To learn more about the extensive collection of research, analytics and strategy services, visit mmgyintel.com or email research@mmgyglobal.com.

About MMGY Global 

MMGY Global is the world’s leading integrated marketing firm specializing in the travel, hospitality and lifestyle industries. With operating brands across the world, the award-winning organization maintains a global communications practice in all marketing channels, serving many of the world’s premier travel and tourism brands. As a company dedicated to the travel industry, MMGY Global strives to create a connected, inclusive and peaceful world by promoting travel as a cultural bridge of understanding. For more information, visit mmgyglobal.com.

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U.S. Travel Welcomes Fred Dixon as CEO of Brand USA

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WASHINGTON (April 3, 2024)—U.S. Travel Association President and CEO Geoff Freeman issued the following statement on the announcement of Fred Dixon as incoming president and chief executive officer of Brand USA, America’s travel marketing organization:

“Fred Dixon is a world-class destination marketing professional with a keen eye for talent and successful marketing strategies. His 20-plus year experience in New York City and focus on metrics, accountability and achieving ambitious goals are critical attributes as Brand USA writes its next chapter.

“Fred’s deep relationships across the business community and throughout the travel industry position him extraordinarily well to lead Brand USA and build on the strong foundation provided by Chris Thompson. The U.S. Travel Association—and the entire travel industry—congratulates Fred on this well-deserved new opportunity and looks forward to partnering with him to steer Brand USA into the future.”

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KSL RESORTS ANNOUNCES NEW CHIEF EXECUTIVE OFFICER

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Greg Kennealey to Head Leading Hospitality Company

IRVINE, Calif. – KSL Resorts (KSLR) announced today the appointment of industry leader Greg Kennealey as its new chief executive officer. In his new position, Kennealey takes charge of overseeing the operation, development and strategic direction of KSLR and its growing portfolio of resort properties. Kennealey succeeds Scott Dalecio, who will step down as CEO but continue as a senior advisor to KSLR and executive chairman of Outrigger Resorts & Hotels.

A former principal and head of hospitality at KSL Capital Partners (KSLCP), a global leader in hospitality, travel and leisure investing, Kennealey has served as CEO of Mission Hill Hospitality since its inception in 2021 and will continue on in that capacity.

According to Scott Dalecio, a 40-year industry executive who co-founded KSL Resorts in 2004, “We are immensely proud of our skilled people, their accomplishments and the growth we have achieved over 30 years and are thrilled to entrust KSL Resorts’ continued strategic expansion to Greg, who has a stellar track record of leadership. We are confident he will be a highly effective and dynamic leader, while additionally creating value and unique experiences.”

Prior to his 10-year tenure at KSL Capital Partners, Kennealey worked at Strategic Hotels & Resorts, where he oversaw an international portfolio of luxury hotels.

Kennealey says he is anticipating putting his nearly 30 years of business and hospitality experience to good use in his new position. “I am deeply honored and humbled to follow the successful leadership of Scott Dalecio and to continue the legacy he has built for three decades overseeing many iconic resorts,” said Kennealey. “I look forward to collaborating with our very talented team as we focus on expanding our portfolio as well as working to boost operational efficiencies and innovation.”

About KSL Resorts

KSL Resorts is a full-service hospitality company that manages world-class destination resorts, hotels and clubs, many with a wide array of outstanding recreational amenities including spa, golf, tennis, ski and beach locations. Managed properties include Camelback Resort and Blue Mountain Resort – both in the Pocono Mountains, PA; Vespera Resort on Pismo Beach, CA; Silverado Resort (Napa, CA); Avila Lighthouse Suites (Avila Beach, CA); Pismo Lighthouse Suites and Shore Cliff Hotel (Pismo Beach, CA); Paso Robles Inn and The Piccolo (Paso Robles, CA); and Sheraton San Diego Hotel & Marina. Asset managed properties include Fairmont Grand Del Mar (San Diego, CA); Renaissance Esmeralda Resort & Spa (Indian Wells, CA); Marram (Montauk, NY); and Outrigger Hotels and Resorts (Hawaii and worldwide). More information may be found at kslresorts.com.

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Cornell study shows how tax reform could boost hospitality investment

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WASHINGTON (April 3, 2024) – The Tax Relief for American Families and Workers Act of 2024, H.R. 7024, could provide substantial tax relief to hotels across the country, incentivizing investments in renovations and property upgrades, according to a Cornell University study commissioned by the American Hotel & Lodging Association.

The study, conducted by Cornell’s Center for Hospitality Research, highlights how hotels of all sizes and service levels stand to benefit from H.R. 7024’s provisions to extend 100% bonus depreciation and expand deductibility of business interest. The bipartisan bill to temporarily extend these provisions passed the House in January and is now pending in the Senate.

Temporarily restoring 100% bonus depreciation incentivizes investments on qualified improvements. As one example, according to the study, a hotel that made a $2.75 million investment in qualified commercial kitchen equipment could be eligible for more than $175,000 in additional tax relief under H.R. 7024.

Temporarily expanding business interest deductibility provides additional tax relief. The study outlines a range of tax relief scenarios, sampling 25 hotel properties of different sizes that could benefit from the bill, including:

  • •  Nine hotel properties with up to 150 rooms would see tax relief ranging from $17,000 to nearly $500,000.
  • •  Nine other hotel properties with more than 200 rooms but less than 500 rooms would see tax relief ranging from $37,000 to $1 million.
  • •  Seven properties with more than 500 rooms would see tax relief ranging from $600,000 to nearly $6 million.

“The bipartisan tax package would help hoteliers invest in renovations and upgrades to stay competitive and improve the guest experience. This means more jobs, employee benefits, and economic growth,” said AHLA Interim President & CEO Kevin Carey. “This study is proof that the bill would help hoteliers navigate the economic challenges created by persistent inflation, a nationwide workforce shortage, and an aggressive federal regulatory agenda. On behalf of America’s nearly 62,500 hotels, we call on the Senate to pass the bipartisan Tax Relief for American Families and Workers Act as soon as possible.”

View the study here.

About AHLA

The American Hotel & Lodging Association (AHLA) is the largest hotel association in America, representing more than 30,000 members from all segments of the industry nationwide – including iconic global brands, 80% of all franchised hotels, and the 16 largest hotel companies in the U.S. Headquartered in Washington, D.C., AHLA focuses on strategic advocacy, communications support, and workforce development programs to move the industry forward. Learn more at www.ahla.com.

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Hilton Acquires Majority Controlling Interest in Sydell Group to Expand NoMad Hotels Brand Worldwide

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Brand marks Hilton’s debut in fast-growing luxury lifestyle category 

MCLEAN, Va. and MIAMI, April 3, 2024 – Hilton (NYSE: HLT) today announced it has acquired a majority controlling interest in Sydell Group (“Sydell”) to expand the NoMad Hotels brand from its existing London flagship location to high-end markets around the world. The addition of NoMad to Hilton’s brand portfolio marks the global hospitality leader’s entry into the fast-growing luxury lifestyle hotel market with a meticulously designed brand defined by exceptional food and beverage, interior design and service.

Over the last decade, Sydell, led by founder Andrew Zobler, has created seven dynamic lifestyle brands, with award-winning hotel concepts including NoMad, The Line, Freehand and The Ned. Sydell will be responsible for design, branding and management of the NoMad brand while Hilton will lead all development. The NoMad brand will be fully integrated into Hilton’s commercial platforms, including Hilton Honors. All NoMad properties will remain independently owned.

Hilton projects that as many as 100 NoMad properties will be developed globally over time, with approximately 10 already in advanced stages of discussion with Sydell.

“Adding NoMad to our growing brand portfolio will create new offerings for guests seeking unique luxury experiences in some of the world’s most desirable locations,” said Chris Silcock, president, global brands and commercial services, Hilton. “By pairing an already proven brand concept that’s ready for expansion with the power of Hilton’s commercial engine, we are accelerating our ability to drive growth in the luxury lifestyle segment.

“Coupled with our recently announced exclusive partnership with Small Luxury Hotels of the World and our planned acquisition of the Graduate Hotels brand, Hilton is leading the hotel industry with the addition of innovative new luxury and lifestyle offerings that meet changing guest needs and add new opportunities for owners to join our system,” Silcock said.

Each NoMad hotel added to Hilton’s network will provide a uniquely local luxury experience that makes guests feel like residents of some of the world’s most sought-after neighborhoods. NoMad Hotels are both grand and intimate, fun and elegant, and classic and playful, creating a unique blend of luxury and lifestyle experiences throughout the stay with special touches like unique local art collections featured in each guest room.

NoMad’s flagship property – the NoMad London – will be available for booking to Hilton guests beginning later this year, and an expansion of NoMad is planned to follow in the world’s top markets. NoMad London has set the standard for luxury lifestyle experiences since its opening in 2021 and offers a ready-made platform for expansion in markets worldwide.

NoMad Las Vegas is excluded from the transaction and will rebrand to a new flag in the coming months.

“We’re excited to begin this new phase for Sydell, as we enter into a partnership with Hilton to expand the NoMad brand around the world,” said Andrew Zobler, founder and CEO, Sydell. “Grounded in the idea of the hotel as a great home, the NoMad brand is dedicated to providing guests with accessible luxury, exceptional design and award-winning food and beverage. Hilton’s expertise in both luxury and lifestyle, paired with its track record in scaling brands, makes for an exciting opportunity. We look forward to seeing NoMad expand into sought-after neighborhoods all around the world.”

NoMad will bring Hilton travelers a new sophisticated option for luxury stays in some of the world’s greatest locations, complementing the company’s fast-growing portfolio of luxury brands. Hilton has luxury hotels across its Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, LXR Hotels & Resorts, and Signia by Hilton brands, and recently announced an exclusive partnership with Small Luxury Hotels of the World that altogether are expected to boost Hilton’s total luxury inventory to 600-700 properties in the coming years.

NoMad will participate in Hilton Honors, Hilton’s award-winning guest loyalty program for the company’s portfolio of more than 7,500 properties worldwide. Members who book directly with Hilton have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of Points and money to book a stay, exclusive member discounts, free standard Wi-Fi and the Hilton Honors mobile app.

Hilton continues to offer customers the right stay for every travel occasion through an unmatched portfolio of industry-leading brands plus exclusive partnerships that create more experiences for guests to dream about. The addition of NoMad, as well as the planned acquisition of Graduate Hotels and recently announced partnerships with Small Luxury Hotels of the World and AutoCamp, add to the company’s dramatic growth trajectory and reflect its focus on accelerating offerings for customers in the industry’s fastest-growing segments and markets.

Financial terms of the transaction were not disclosed.

 

About Sydell Group

Founded by Andrew Zobler in 2011, Sydell Group is the creator of unique lifestyle hotels rooted in their location and architecture. Sydell’s core expertise is in bringing together emerging and established talent from the worlds of design, food & beverage, art and hospitality to create hotels and restaurants that offer inspiration, comfort, graciousness of spirit and a deep sense of place. Over the last decade, Sydell has created seven dynamic lifestyle brands, with award-winning hotel concepts including NoMad, The Line, Freehand and The Ned. Each of the concepts has been widely celebrated for its site-specific uniqueness, compelling food and beverage offerings, vibrant public spaces and overall focus on design and culture. In 2023, NoMad London was named one of the World’s 50 Best Hotels and in 2021 was named the Global Ultimate Hotel by AHEAD.

 

About Hilton

Hilton is a leading global hospitality company with a portfolio of 22 world-class brands comprising more than 7,500 properties and nearly 1.2 million rooms, in 126 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed over 3 billion guests in its more than 100-year history, was named the No. 1 World’s Best Workplace by Great Place to Work and Fortune and has been recognized as a global leader on the Dow Jones Sustainability Indices for seven consecutive years. Hilton has introduced industry-leading technology enhancements to improve the guest experience, including Digital Key Share, automated complimentary room upgrades and the ability to book confirmed connecting rooms. Through the award-winning guest loyalty program Hilton Honors, the more than 180 million members who book directly with Hilton can earn Points for hotel stays and experiences money can’t buy. With the free Hilton Honors app, guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. Visit stories.hilton.com for more information, and connect with Hilton on Facebook, Twitter, LinkedIn, Instagram and YouTube.

 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to the expectations regarding the performance of Hilton’s business, future financial results, liquidity and capital resources and other non-historical statements. In some cases, you can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “forecasts,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties including, among others, risks inherent to the hospitality industry; macroeconomic factors beyond Hilton’s control, such as inflation, changes in interest rates, challenges due to labor shortages or disputes and supply chain disruptions; competition for hotel guests and management and franchise contracts; risks related to doing business with third-party hotel owners; performance of Hilton’s information technology systems; growth of reservation channels outside of Hilton’s system; risks of doing business outside of the U.S.; risks associated with conflicts in Eastern Europe and the Middle East and other geopolitical events; and Hilton’s indebtedness. Additional factors that could cause Hilton’s results to differ materially from those described in the forward-looking statements can be found under the section entitled “Part I—Item 1A. Risk Factors” of Hilton’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, which is filed with the Securities and Exchange Commission (the “SEC”) and is accessible on the SEC’s website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in Hilton’s filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

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North American hotel brands increasingly move toward sustainability certification to strengthen commitment to environmental well-being

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Major hotel companies are in collaboration with Green Key Global, as AHLA and HAC
solidify partnership deal to expand further into U.S. and Canada

WASHINGTON (April 2, 2024) – The American Hotel & Lodging Association (AHLA) and the Hotel Association of Canada (HAC) announced today that Green Key Global, the sustainability certification body for hotels, is now jointly operated by the associations in the U.S. and Canada. 

A roster of hotel companies across the continent, including Accor, Best Western, Choice Hotels, Crescent Hotels & Resorts, Highgate, Hyatt, IHG Hotels & Resorts, Marriott International, and more continue to lead the way as some of Green Key Global’s partners committed to sustainability through their involvement with the third-party certification program.

HAC created Green Key Global in 1994 to certify hotels’ environmental sustainability policies and processes, and its certification criteria are aligned with all 17 of the United Nations Sustainable Development Goals. Hotels complete a robust assessment and audit process to measure their performance in areas such as energy and water conservation, land use, hazardous and solid waste management, indoor air quality, and more.

“We are thrilled to collaborate with Green Key Global to advance our sustainability efforts,” said Denise Naguib, Marriott International Global Vice President of Sustainability and Supplier Diversity. “Marriott International and Green Key Global’s agreement will help support our properties in the U.S. and Canada as they pursue a third-party sustainability certification that demonstrates dedication to environmental stewardship.”

The AHLA and HAC partnership is crucial for the industry, as sustainability is increasingly shaping the behavior of leisure, business, and group travelers. Green Key Global programming is designed to give credibility to the sustainability initiatives properties are already undertaking, while equipping them with a plan for continued improvement.

The partnership builds on AHLA’s Responsible Stay® initiative, which underscores AHLA member companies’ long-standing and growing commitment to energy efficiency, water conservation, waste reduction, and responsible sourcing.

“We are excited to see the momentum with the Green Key Global platform as we enter this partnership with HAC. This is an opportunity for AHLA to continue to do what we do best, supporting and educating our members on key factors influencing their business day in and day out,” said AHLA Interim President & CEO Kevin Carey. “This is a vital time for hoteliers, and AHLA is proud to be partnering with HAC to meet the moment.”

“This is an important milestone,” said Susie Grynol, President & CEO of the Hotel Association of Canada, “as we are not only expanding the footprint of the Green Key Global brand, but also the opportunity for the industry to lead the way towards monumental shift and environmental impact, with a best-in-class program that is affordable, measurable and accessible for all hotels.”

 

About Green Key Global

Green Key Global, established in 1994 by the Hotel Association of Canada, is a leading environmental certification body designed specifically for the hotel industry. Best-in-class Green Key Global third-party certification programming leverages corporate social responsibility and environmental social governance, supporting sustainable initiatives across the industry to benefit the environment and improve fiscal performance. By aligning with all 17 of the United Nations’ Sustainable Development Goals (SDGs), Green Key Global sets a comprehensive standard for eco-friendly practices. For more information on Green Key Global: http://www.greenkeyglobal.com/home

 

About HAC
The Hotel Association of Canada is the leading voice of the Canadian Hotel & Lodging industry. For over 110 years, it has worked to enhance the prosperity of the industry through strong member engagement, effective advocacy, and the provision of value-added programs and services. The Hotel Association represents more than 8,200 hotels, motels and resorts that encompass the $20.8 billion Canadian hotel industry which employs over 300,000 people across Canada. For more information, please visit www.hotelassociation.ca.

About AHLA

The American Hotel & Lodging Association (AHLA) is the largest hotel association in America, representing more than 30,000 members from all segments of the industry nationwide – including iconic global brands, 80% of all franchised hotels, and the 16 largest hotel companies in the U.S. Headquartered in Washington, D.C., AHLA focuses on strategic advocacy, communications support, and workforce development programs to move the industry forward. Learn more at www.ahla.com.

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Wyndham Enters Upscale Extended Stay with WaterWalk

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11 hotel portfolio rebrands as WaterWalk Extended Stay by Wyndham

Caption: WaterWalk hotels pioneered the “LIVE|STAY” model, offering both furnished and unfurnished units based on guest and market needs.

PARSIPPANY, N.J. (April 2, 2024) – Wyndham Hotels & Resorts is expanding into the upscale extended stay segment, launching a strategic relationship with industry innovator WaterWalk. The deal adds 11 hotels and over 1,500 rooms to the Wyndham ecosystem, rebranding them under the newly created WaterWalk Extended Stay by Wyndham brand, the 25th in Wyndham’s portfolio. Located in key markets such as Tucson, Jacksonville and Wichita, the offerings perfectly compliment Wyndham’s existing economy and midscale extended stay brands and cater to guests seeking a local, yet elevated stay with the comforts of home.

“In the last year, guest demand for the extended stay segment reached record highs, which has been underscored by demand from owners and developers looking for new opportunities to partner with Wyndham. Our vision is to offer the industry’s most robust portfolio of extended stay brands and the addition of WaterWalk marks an important step in that direction—helping ensure we have an offering in every segment, for every owner and for every guest.”

  • Chip Ohlsson, Chief Development Officer, Wyndham Hotels & Resorts

An Innovative Approach to Extended Stay
WaterWalk was founded by the late Jack DeBoer, an extended-stay trailblazer who not only pioneered the segment but created some of its most well-known and successful brands, including among others, Residence Inn and Candlewood Suites. A wildly successful entrepreneur and industry visionary, he created WaterWalk in 2014, leveraging the learnings of his past successes while also reimagining what an extended stay hotel could be. Today, his leadership, vision and entrepreneurial spirit live on through his granddaughter, WaterWalk CEO Mimi Oliver.

Positioned squarely in the upscale segment, WaterWalk brings a fresh take to the traditional extended stay experience with its unique LIVE|STAY model. STAY units are fully furnished and cater to guests looking for a traditional extended-stay, residential-like experience, while LIVE units are unfurnished and allow guests to create a long-term space that truly feels like home. The flexibility of the model is one of the brand’s strategic assets as units can transform and adapt in real-time to market and customer needs—benefitting owners, operators and guests alike.

WaterWalk’s current portfolio consists of 11 hotels throughout the U.S. Newer hotels leverage the brand’s Gen 2.0 prototype, which combines efficient design and low operating costs to help unlock stronger profits and higher returns.

“WaterWalk’s success is the culmination of decades of experience in extended stay combined with a relentless pursuit for driving innovation and delivering exceptional guest experiences. We believe WaterWalk is our best brand yet and our decision to bring it into the Wyndham portfolio is a pivotal moment in its evolution, one we believe will lead to enhanced efficiencies, performance and growth—all thanks to the Wyndham Advantage.”

  • Mimi Oliver, CEO, WaterWalk

A Portfolio Poised for Growth
WaterWalk marks Wyndham’s third extended stay brand, joining ECHO SuitesSM Extended Stay by Wyndham and Hawthorn® Extended Stay by Wyndham. ECHO Suites launched in 2022 and has over 265 economy new construction hotels in its development pipeline, half a dozen of which are nearing completion. Hawthorn in 2023 saw 30% growth in its midscale conversion and new construction development pipeline.

Collectively, the three brands give the Company a robust and growing portfolio of offerings designed for the needs of today’s extended stay guests—be that construction workers hitting the road for weeks at a time or digital nomads looking to mix business and leisure travel. What’s more, with the addition of WaterWalk, the portfolio of brands further reinforces owners’ ability to capitalize on the historical infrastructure spend in the U.S., what’s believed to be about a $3.3 billion opportunity in additional room revenue.

In joining the Wyndham family of brands, WaterWalk hotels unlock access to the Wyndham Advantage – world-class marketing, distribution and resources from the world’s largest hotel franchisor. Over the last five years, Wyndham has invested more than $275 million in innovative technology that drives efficiency and supports owners bottom lines, including next-gen property and revenue management systems, mobile check-in and checkout and OTA reconciliation, to name a few. Owners also benefit from Wyndham Rewards, the world’s number one hotel rewards program, as named by readers of USA Today. With its growing base of more than 106 million enrolled members globally, members make up nearly half of all U.S. check-ins.

For more information about WaterWalk Extended Stay by Wyndham, including franchising opportunities, visit wyndhamdevelopment.com.

About WaterWalk

WaterWalk is the nation’s most innovative extended stay brand. The company was founded in 2014 by the late Jack DeBoer, a hospitality visionary recognized as the pioneer of the extended-stay and all-suite hotel concepts. WaterWalk is unique in that it boasts two accommodation options under one roof, with its signature ‘LIVE | STAY model.’ This diversified product offering creates the utmost in flexibility and value to consumers and investors alike.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with approximately 9,200 hotels across over 95 countries on six continents. Through its network of approximately 872,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 25 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers over 106 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the federal securities laws, including statements related to Wyndham’s current views and expectations with respect to development and rooms growth. Wyndham claims the protection of the Safe Harbor contained in the Private Securities Litigation Reform Act of 1995 for forward-looking statements. Forward-looking statements include those that convey management’s expectations as to the future based on plans, estimates and projections at the time Wyndham makes the statements and may be identified by words such as “will,” “expect,” “believe,” “plan,” “anticipate,” “intend,” “goal,” “future,” “forward,” “remain,” “outlook,” “guidance,” “target,” “objective,” “estimate,” “projection” and similar words or expressions, including the negative version of such words and expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Wyndham to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, factors relating to the expired unsolicited exchange offer by Choice Hotels International, Inc. to acquire all outstanding shares of Wyndham’s common stock and any ongoing  cost, loss of time and disruption associated therewith; general economic conditions, including inflation, higher interest rates and potential recessionary pressures; global or regional health crises or pandemics (such as the COVID-19 pandemic) including the resulting impact on Wyndham’s business, operations, financial results, cash flows and liquidity, as well as the impact on its franchisees, guests and team members, the hospitality industry and overall demand for and restrictions on travel; the performance of the financial and credit markets; the economic environment for the hospitality industry; operating risks associated with the hotel franchising business; Wyndham’s relationships with franchisees; the impact of war, terrorist activity, political instability or political strife, including the ongoing conflicts between Russia and Ukraine and between Israel and Hamas; Wyndham’s ability to satisfy obligations and agreements under its outstanding indebtedness, including the payment of principal and interest and compliance with the covenants thereunder; risks related to Wyndham’s ability to obtain financing and the terms of such financing, including access to liquidity and capital; and Wyndham’s ability to make or pay, plans for and the timing and amount of any future share repurchases and/or dividends, as well as the risks described in Wyndham’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission and any subsequent reports filed with the Securities and Exchange Commission. Wyndham undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, subsequent events or otherwise, except as required by law.

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Vail Resorts Appoints Courtney Goldstein as Chief Marketing Officer

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BROOMFIELD, Colo., April 1, 2024 /CNW/ — Vail Resorts, Inc. (NYSE: MTN) today announced that Courtney Goldstein has been appointed executive vice president and chief marketing officer (CMO), effective April 29, 2024. Goldstein joins the company with more than two decades of experience at Comcast and American Express. Goldstein will report to CEO Kirsten Lynch and join the company’s executive team.

“Courtney has a proven track record of growing subscription business models by leveraging data and technology,” said Kirsten Lynch, chief executive officer of Vail Resorts. “Her leadership and experience will be valuable as our company continues to grow the Epic Pass subscription model, launches an innovative new gear membership business, My Epic Gear, and innovates the guest experience through digital technology such as Mobile Pass and My Epic Assistant in the My Epic app.”

Goldstein joins Vail Resorts with experience from Comcast and American Express. At Comcast she spent more than 10 years in senior leadership roles, serving most recently as senior vice president of consumer marketing, growth, and engagement. During her tenure she transformed the Xfinity consumer experience through data-driven performance marketing by leveraging AI and emerging technology platforms, and she led ecommerce and digital media. Prior to Comcast, Goldstein worked for American Express for 10 years, including as vice president of consumer card prospect acquisition & customer marketing strategy. She has an MBA from Columbia University and a BS in Economics from The Wharton School of the University of Pennsylvania.

“Vail Resorts has an impressive track record of leveraging data to drive business growth while enhancing the experience of skiers and snowboarders,” said Goldstein. “I am inspired by the company’s mission and values – and look forward to leveraging my experience to support the continued momentum of business growth and creating an Experience of a Lifetime for guests in every way they interact with us.”

Goldstein will lead the company’s Epic Pass business, data and analytics, and digital experience as well as marketing for its portfolio of world-class mountain destinations, the company’s new My Epic Gear membership business, and its rental, retail, and ski and ride school businesses.

About Vail Resorts, Inc. (NYSE: MTN)

Vail Resorts is a network of the best destination and close-to-home ski resorts in the world including Vail Mountain, Breckenridge, Park City Mountain, Whistler Blackcomb, Stowe, and 32 additional resorts across North America; Andermatt-Sedrun in Switzerland; and Perisher, Hotham, and Falls Creek in Australia. We are passionate about providing an Experience of a Lifetime to our team members and guests, and our EpicPromise is to reach a zero net operating footprint by 2030, support our employees and communities, and broaden engagement in our sport. Our company owns and/or manages a collection of elegant hotels under the RockResorts brand, a portfolio of vacation rentals, condominiums and branded hotels located in close proximity to our mountain destinations, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. Vail Resorts Retail operates more than 250 retail and rental locations across North America. Learn more about our company at www.VailResorts.com, or discover our resorts and pass options at www.EpicPass.com.

SOURCE Vail Resorts, Inc.

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The Meritage Resort and Spa Unveils $25 Million Reimagination

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Napa Valley’s Largest Resort Completes Renovations and Expansion to Offer A New Gateway Experience to California’s Wine Country

NAPA VALLEY, Calif., April 1, 2024 /PRNewswire/ — The Meritage Resort and Spa proudly unveils its $25 million renovation, presenting 322 transformed guest rooms alongside its existing luxurious 145 guest rooms and suites, now boasting a total of 467 modern, spacious guest accommodations. This extensive renovation also encompasses a new lobby and expanded bar area, refreshed ballrooms, pre-function and meeting rooms, an updated chic bowling lounge, a reimagined café and grab-and-go outlet, and added a premier steakhouse and a Champagne lounge. In the adjacent vineyard, a new chef’s vegetable and herb garden, a dining terrace for al fresco dining in the vines, and a brand-new coop for the resident chickens have also been added.

Inspired by the Mission-style architecture of a modern vineyard, the newly redesigned Meritage Resort & Spa invites you to experience the largest Napa Valley resort situated on more than 36 sprawling acres, featuring 9 acres of active vineyards. Renowned as a premier, singular destination for everything Napa has to offer, the resort is proud to introduce guests to the next evolution of The Meritage experience: a gateway to the best of California Wine Country with a new look that encompasses and reflects the heart of its locale.

“Recognizing the property’s heritage as an iconic community staple in Napa Valley over the last two decades, we are thrilled to usher in a new era of The Meritage with a fresh vision that preserves the soul of a resort that people know and love,” said Joe Leinacker, managing director of The Meritage Resort and Spa. “Our goal is to capture the spirit of the vines that so often attract people to the region while redesigning the overall resort experience to appeal to the discerning traveler with a passion for places that provide a well-balanced mix of natural beauty, restfulness, adventure and togetherness to draw them back time and again.”

Offering an unparalleled Napa experience, the resort is currently home to multiple on-site tasting rooms, a locally sourced artisanal market, and a state-of-the-art food and wine center all housed in an eclectic village that frames the Grand Lawn. The campus also features six elevated dining options, a six-lane chic bowling lounge, two relaxing pools and wellness centers, and the 22,000-square-foot Spa Terra, nestled in an Estate Cave beneath the property’s own Trinitas vineyard. With 80,000 combined square feet of venue space, ranging from the region’s largest indoor ballroom to a hillside vineyard deck, as well as rich programming and a schedule full of classes, concerts, and events, the resort offers a sprawling wine country playground making it a destination in itself. Capping off a series of renovations that began in 2022 with the redesign of the Meritage and Carneros Ballrooms, the most recent updates culminate in the completion of reimagined rooms at The Meritage Resort and Spa for a new generation of travelers.

A New Look for Flagship Accommodations

Made possible by the Busch Family and Pacific Hospitality Group‘s multi-million dollar investment the design of rooms and corridors, ballrooms and meeting rooms was spearheaded by leading hospitality design firm HBA San Francisco, while Hatch Design re-imagined the look of the lobby and bar and the talented, in-house designer Charlotte Einar was the creative lead of design for the other areas. Together, they all collaborated to give guests a cohesive, harmonious experience inspired by the land on which the property is set and the rolling golden hills that surround it.

Designed to be elegant yet modern, the tone of the resort experience is first set when guests step into the new lobby. Outfitted with a classic grand piano and a towering double-sided fireplace centerpiece that is anchored to a beamed vaulted ceiling above, the living room-style entry features spacious seating surrounded by windows that flood the space with natural light. Nearby, guests pair their arrival with a welcome cocktail and bite at the now elevated and expanded chic new Commons Bar.

Beyond the lobby, a transformed adults-only pool and relaxing full-service casual dining amenity area awaits, complete with more lounge chair spaces and luxurious revamped private cabanas providing guests extra poolside pampering among the valley’s beloved seasonal sunshine and stunning vineyard views.

The resort’s flagship guestrooms have been reconceptualized into two distinct new products, both of which harness the destination’s warmth and natural beauty creating a timeless design. Encompassing a full transformation of the original property’s 322 rooms, the new guestrooms offer 157 Meritage rooms, which showcase elevated craftsmanship with touches inspired by a modern vineyard farmhouse aesthetic, while 165 new Bordeaux rooms give a nod to the property’s original Mission-style architecture and design.

Combining neutral tones, luxurious linen, warm leather accents and plush furnishing, the Meritage rooms seamlessly blend sumptuous elements of comfort with an approachable softness. The accommodations are outfitted with new broadloom carpeting showcasing a modern basket weave pattern, luxurious Frette Linen bedding, refined drapery and bespoke furnishings, from built-in millwork and wingback chairs to custom decorative lighting and sleek patio furniture for a complete floor-to-ceiling remodel. Upon sliding open each room’s rich barn-style bathroom door, guests will also find vanities with state-of-the-art touchscreen lighted mirrors, designer sconces and fixtures, as well as stone countertops with a full-height, designer-tiled splash.

The Bordeaux guestrooms are influenced by the region’s agricultural history, bounty and grains, painting the spaces with a tonal color scheme, featuring finishes with an organic feel. Similar to their Meritage counterparts, the rooms are elevated with new carpeting, linens, stone-topped cabinetry, renovated bathrooms and furnishings, including new artwork, subtle geometric textured wall coverings and dark bronze and brushed brass touches to give depth and softness while maintaining a minimalistic, yet elegant and cozy design.

A New Age of World-Class Dining

  • •  Ember: Rustic and warm like its namesake, the destination’s newest premier steakhouse is inspired by the power of incredible dishes that ‘kindle’ connections between culinary savants and everyday food lovers alike. Chef Cary Roy ensures every detail exceeds expectations with carefully-curated menus featuring Double R-Ranch Ribeye, Tomahawk, and New York Strip cuts, as well as succulent Kurobuta Iberico Pork Chops paired with an array of wines and elixirs.
  • •  Sora Napa: The newest addition to the property’s Food & Wine Village, Sora provides wine lovers with yet another amazing tasting lounge option specifically dedicated to the art of bubbles, serving artisanal sparkling wines, champagnes, and cocktails through innovative flights. Named after the small waterbird native to Napa Valley, the setting of Sora is adorned with fun pops of vibrant colors that reflect the bright flavor profiles guests will taste throughout their experience. Sora is flirty and fun, immersive and eccentric, with no rules constraining the experience – making it an ideal spot to kick off a girls’ weekend or toast to an epic day.
  • •  Crush Lounge: The Meritage’s onsite lounge and bowling venue is now sporting a sleek makeover, with an upscale look that makes it the perfect place for a night of lively fun. With moss and bronze tone pallet that complement its upholstery in rich mohair and leather, and sleek wood accents, the Lounge is sexy and contemporary creating an elevated space for play and gathering. Doubling as one of the only late-night lounges in the destination, Crush will continue to serve some of its most memorable eats and drinks, such as its over-the-top boozy milkshakes topped with whole slices of cake.
  • •  Blend Cafe: The property’s coffee bar and grab & go shop also received a refresh; Blend Cafe is now the coolest place on the property to grab a cup of joe on the go, enjoy a morning boost, have a midday snack or relax with tea in the evenings. Its design is focused with pebble and iron tones that contrast warm wood touches to bring some natural beauty to the space.

These fresh culinary experiences are rounded out by the property’s existing concepts, including the favorite Italian-inspired farm-to-table restaurant, Olive & Hay; its gourmet market and deli, Fivetown Grocery; and three additional tasting rooms, including their signature winery Trinitas Cellars.

A New Way to Save

The $25 million renovation debut comes on the heels of the Meritage Collection’s unveiling of its new Stay Golden loyalty program, which includes The Meritage Resort & Spa along with other acclaimed properties in Kauai, Austin and Huntington Beach. The Stay Golden program, which is free to join, features two membership levels (18 KARAT and 24 KARAT), giving members exclusive access to discounts, amenities, and upgrades such as complimentary welcome beverages, spa enhancements, exclusive room upgrades, early event access and more.

To celebrate the inauguration of the renovated resort, The Meritage invites guests to book the limited-time “Discover Vineyard Elegance” package, which includes a $200 resort credit to enjoy the new expanded offerings found throughout the resort. Starting rates for the new Bordeaux and Meritage guest rooms begin at $379 per night.

For more information and reservations, please visit www.MeritageResort.com.

New Reimagined Bedrooms at The Meritage Resort & Spa

Newly Reimagined Suites at The Meritage Resort & Spa

SOURCE The Meritage Resort & Spa

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