March 10, 2016

Millennials Spending Power Has Hilton Weighing a 'Hostel-Like' Brand

Large hoteliers face increasing competition for budget accommodation from online providers such as Airbnb Inc. So Hilton aims to meet this increasing demand by young travelers for no-frills, affordable lodging with a “hostel-like” accommodation for younger guests, with lower prices and less service.

Can it get any worse for Millennials?

Topics: Vertical - Travel, Millennials