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Hilton Unveils New Brand, Spark by Hilton, a Value-Driven Offering That Proudly Delivers Reliable Essentials and Friendly Service

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Hilton (NYSE: HLT) has launched Spark by Hilton, a new premium economy brand designed to meet the evolving needs of travelers. With over 100 deals already in development, Spark provides a comfortable stay at accessible prices, featuring thoughtful simplicity in design and reliable service. The brand aims to enhance the guest experience with complimentary breakfast and essential amenities. This initiative reflects Hilton's strategy of expanding its portfolio and offering value to both guests and hotel owners, promising quality consistency across properties.

Positive
  • Launch of Spark by Hilton addresses a gap in the premium economy segment.
  • Over 100 deals in various stages of development, indicating strong market interest.
  • Offers a reliable and comfortable lodging option, enhancing Hilton's diverse portfolio.
  • Empowers owners with a cost-effective conversion model for existing properties.
Negative
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Hilton's portfolio extends into the premium economy category with more than 100 deals already in various stages of development

MCLEAN, Va., Jan. 11, 2023 /PRNewswire/ -- Hilton (NYSE: HLT) today announced the launch of Spark by Hilton, the newest addition to its portfolio of world-class brands. Following extensive research, the introduction of Spark by Hilton fills an open space in the industry by creating a new premium economy lodging option to meet the needs of even more guests and owners seeking value, quality and consistency.

Spark by Hilton provides a simple, reliable and comfortable stay for every guest, all at an accessible price. For developers, Spark by Hilton leverages an innovative conversion model to offer a compelling investment option for owners.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9130851-hilton-unveils-new-brand-spark-by-hilton/