Hilton Launches Lower-Cost Brand For Millennials

Hilton Worldwide is launching a new, lower-cost brand to appeal to Millennials and other price-conscious travelers, the hotel giant announced today.

The new franchise, "Tru by Hilton," will have nightly rates from $90 to $100, a sweet discount from Hilton's $141.52/night average.

At 98 rooms or fewer, Tru hotels will feature an extra-large lobby of about 2.7k SF, where guests can mingle, watch TV, surf the Internet and eat around the clock, the LA Times reports.

The Tru amenities highlight the growing influence of Millennials on the hospitality industry. Marriott International recently made its biggest play for this audience to date with its $12B merger with Starwood Hotels and Resorts.

Hilton executives plan to open more than 100 Tru hotels by year-end, including in Phoenix, Portland, Chicago, Dallas, Atlanta and Houston. [LATimes]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Augmentation, Not Replacement: How AI Platforms Are Streamlining Front Desk Teams

Lawmakers Punt On Stripping Approvals From 15 Projects In Data Center Alley

Success Of Top-Tier Malls Masks Enduring Distress In Sector's Underbelly

HUD Launches Investigation Into Wells Fargo's Efforts To Support Black Homeownership

Delaware Statutory Trust Fundraising Jumps 27% From 2025

Bank OZK Shares Drop After Citi Flags $915M Mortgage Concern

Soaring Yields Strand REITs In M&A No-Man's-Land

How UK Investment Giant L&G Plans To Grow Its U.S. Multifamily Holdings

Properties Owned By REIT Accused Of Fraud To Be Auctioned Off

LS Power Raises $6B To Capitalize On Data Center Power Demand

DHS Buys 3 More Detention Facilities From The Geo Group For $950M

CRE Finance Sentiment Index Falls To 3-Year Low As Economic Fears Mount