Hilton Opens More Than 100 New Hotels Despite Pandemic

McLean, Virginia-based Hilton Worldwide reports occupancy did improve despite room revenue for the summer quarter was significantly lower than a year ago. However, the company continued to open new hotels. 97% of Hilton’s existing hotel properties were open at the end of September.

According to wtop.com, “Hilton reports a quarterly loss of $81 million, compared to a quarterly profit of $290 million in the same quarter a year ago. Third-quarter revenue was $933 million, compared to $2.4 billion in revenue for the same quarter one year ago. Revenue per available room during the quarter was down 59.9% from a year earlier. Occupancy at Hilton’s hotels worldwide last quarter was 42.5%, with occupancy at its U.S. hotels rising to 44.3% last quarter. Its hotels in the Asia Pacific region had the highest occupancy last quarter, at 53.1%.”

As per wtop.com, “During the third quarter, Hilton opened 133 new hotels totaling more than 17,000 rooms, including the new Motto by Hilton Washington DC City Center, the first hotel for Hilton under its new Motto brand. Other large new properties that opened last quarter included the Conrad Junta de Mita in Mexico and the Hilton Beijing Tongzhu in China.”

Properties in McLean

1439 Cedar Ave

1439 Cedar Ave - 6 beds, 5 full, 1 part baths

Home size: 3,862 sq.ft.

$$$: $2,588,000

Subdiv: West McLean

Type: Detached for Sale

Added: 09/01/20

Updated: 01/27/2021

Introducing The Contemporaries On Cedar. Designed by well renowned architect W.C. Ralston and...

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1437 Cedar Ave

1437 Cedar Ave - 6 beds, 5 full, 1 part baths

Home size: 3,862 sq.ft.

$$$: $2,588,000

Subdiv: West McLean

Type: Detached for Sale

Added: 09/01/20

Updated: 01/27/2021

Introducing The Contemporaries On Cedar. Designed by well renowned architect W.C. Ralston and...

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1559 Mary Ellen Ct

1559 Mary Ellen Ct - 6 beds, 5 full, 1 part baths

Home size: 4,111 sq.ft.

$$$: $1,825,000

Subdiv: McLean

Type: Detached for Sale

Added: 01/27/21

Updated: 01/27/2021

Pictures coming soon! This gorgeous home is the one you've been waiting for! Backing up to...

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1566 Dunterry Pl

1566 Dunterry Pl - 3 beds, 2 full, 2 part baths

Home size: 1,386 sq.ft.

$$$: $749,500

Subdiv: Stoneleigh

Type: Interior Row/Townhouse for Sale

Added: 01/27/21

Updated: 01/27/2021

This handsome brick Colonial offers sunny spaces, gleaming hardwood floors and cool barn door...

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1808 Old Meadow Rd #201

1808 Old Meadow Rd #201 - 1 beds, 1 full baths

Home size: 897 sq.ft.

$$$: $310,000

Subdiv: Encore of McLean

Type: Unit/Flat for Sale

Added: 01/19/21

Updated: 01/27/2021

www.Encore201.com | This charming one bedroom condo in the Encore of Mclean community features a...

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1469 Waggaman Cir

1469 Waggaman Cir - 6 beds, 5 full baths

Home size: 4,308 sq.ft.

$$$: $1,999,000

Subdiv: Salona Village

Type: Detached for Sale

Added: 01/27/21

Updated: 01/27/2021

*FABULOUS* 6 BR/5 BA home on 3 finished levels in convenient McLean location! Step off the...

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6800 Fleetwood Rd #404

6800 Fleetwood Rd #404 - 2 beds, 2 full baths

Home size: 1,265 sq.ft.

$$$: $349,999

Subdiv: Mc Lean House

Type: Unit/Flat for Sale

Added: 09/30/20

Updated: 01/27/2021

Unbelievable Value for 1265 sq ft in Mclean * The Ultimate in Convenience - All Utilities...

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1814 Solitaire Ln

1814 Solitaire Ln - 5 beds, 4 full, 1 part baths

Home size: 3,702 sq.ft.

$$$: $1,499,900

Subdiv: Solitaire

Type: Detached for Sale

Added: 01/21/21

Updated: 01/27/2021

Stately Brick Colonial in prestigious Solitaire. Wall of windows in the family room looks out...

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Maryam

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Maryam N. is a Senior Writer at Nesbitt Realty. She is an expert on Fairfax County. Maryam has also worked previously as a geologist. She is a foodie and enjoys cooking and exploring new restaurants.