Hilton Sets Sights On Growth In Thailand

Leading global hospitality company Hilton (NYSE: HLT) has announced its commitment to convert up to 2,000 rooms in 24 months in Thailand, with a focus on its full service brands Hilton Hotels & Resorts and DoubleTree by Hilton, as well as focused service brand Hilton Garden Inn.

Emerging from one of the industry’s most challenging years, Hilton’s recent full year 2020 earnings results showed signs of optimism in development activity globally, with conversion signings for Hilton across the globe increasing more than 30 percent versus the prior year.

With the impact of the global pandemic on Thailand’s economy backed by recent projections of tourism returning to pre-pandemic levels up to three years later, coupled with increased digital adoption across industries that arose as a result of restricted movement and a heightened desire for contactless interactions, independent hotel…