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Skift Take: Generative AI is transforming hospitality with personalized guest experiences, optimized workforce management, and operational efficiency. Through smart rooms, predictive maintenance, and AI-driven tools like chatbots, hotels are elevating service while supporting staff. Diana Nay Read the Complete Story On Skift
Hilton Brisbane, a landmark hotel in the citys CBD, is set to close its doors at the end of this month after almost 40 years of service. A spokesperson for Hilton told HM that the hotel will cease to operate under the Hilton brand on 31 March 2025, following the expiration of the lease agreement with the property’s owner, ISPT.
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Marriott International President and CEO, Anthony Capuano, said the acquisition will help support the companys growth in the select-service segment globally. We will continue to own our real estate and operate all our hotels. This relationship will allow us to work together to maximize returns.
We expect this dynamic to continue throughout 2025 as hotels emerge as a preferred asset class driven by outsized yields, robust operating performance and favorable supply dynamics.
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