Hilton Wants Millennials To Stay Over At Its 'Hostel On Steriods'

Hilton Worldwide plans to test a new hospitality concept that will appeal to millennials. 

edited hotels, hotel industry, hotel market, hospitality

The concept will be a lower cost "hostel on steroids," according to Hilton CEO Christopher Nassetta, with smaller room sizes measuring between 125 SF and 150 SF, but it is expected to pack a big punch in the common room areas, which will be flexible. The spaces will also be customizable and may connect like Lego blocks in order to allow guests to create the room they want during their stay, Curbed reports.

Each hotel will be different depending on where it is situated. Hilton is planning to partner with local businesses in the food and beverage industry to create a concept that appeals to local residents. 

The hotel sector has increasingly sought new ways to attract customers amid industry challenges and increased competition from home-sharing concepts like Airbnb, which launched nine years ago and disrupted the industry.

This is the second lower-cost concept Hilton has rolled out for the younger generation. The brand launched Tru in May, which also offers smaller room sizes, though it has much in the way of hangout areas and common rooms.

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

Fed Raises Benchmark Rate, Intensifying Borrowing Cost Blues

Inside The Nationwide Jockeying For Opportunity Zones 2.0

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Historic Brooklyn Hotel To Be Turned Into Ritz-Carlton-Branded Condos

Hines And Rialto Close Office Credit Fund At $1.1B

Chipotle Adding Hundreds Of New Locations Worldwide

'Beyond A Routine Wobble': 10-Year Treasury Clears 5% Ahead Of Key Fed Meeting

Daniel Negari Buys Downtown LA Hotel For $34M

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Airbnb Launches $250M Fund To Invest In Affordable Housing

Brookfield Buys Minority Stake In Hyperscale Data Center Developer AREP