Hilton (HLT) announced an exclusive agreement with Yotel that will provide guests yet another way to stay within the portfolio. The franchise agreement with Yotel expands Hilton’s network. Yotel will continue to independently manage and license its brand at 23 hotels across 10 countries, with a goal of more than tripling its portfolio in the coming years. Yotel will be the first brand in the newly established Select by Hilton. The first hotels are expected to be available for booking through Hilton channels later in 2026.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HLT:
- Hilton Amends Credit Facility, Extends Maturity and Liquidity
- Hilton price target lowered to $303 from $306 at Morgan Stanley
- Hilton price target raised to $360 from $312 at UBS
- Hilton: Asset-Light Model, Conversion-Led Expansion, and Premium Valuation Support Raised $360 Target and Buy Rating
- The Week That Was, The Week Ahead: Macro and Markets, Feb. 22