Hilton Cuts Fees to Rebuild Hotel Owners’ Margins as Costs Stay Sticky

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Hilton Cuts Fees to Rebuild Hotel Owners’ Margins as Costs Stay Sticky

AI Summary

Hilton is reducing some fees to help hotel owners improve their margins despite persistent high costs. CEO Chris Nassetta emphasized the company's focus on supporting owners during these challenging financial conditions.

Hilton said it wants to help owners facing squeezed margins, such as by cutting some fees. "We're spending a huge amount of time on this," says CEO Chris Nassetta.

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