Travel
Hilton Splashes Into the Caribbean With All-Inclusive Resort Deal
- Partnering with Playa Hotels & Resorts on 10 properties
- Vacation model has moved from budget to luxury proposition
All-inclusive resorts, which typically charge budget-conscious travelers a single price for lodging, food and often airfare, have long been the domain of specialty operators. Now the world’s second-largest hotel company is wading further into the business.
Hilton Worldwide Holdings Inc. on Monday announced an alliance with Playa Hotels & Resorts NV, a real estate investment trust that specializes in all-inclusive resorts. Playa will convert two Caribbean hotels into Hiltons, and the companies plan to team up on an additional eight resorts by 2025, according to a statement. Hilton currently has 11 such properties in its portfolio.