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5 things to know: 28 July 2016

From the desks of the Hotel News Now editorial staff:

  • Slow corporate transient drags down Hilton’s Q2
  • Marriott, Extended Stay America report Q2 earnings
  • HNA officials pen new letter in battle for NH
  • $1.3b bid made for Sahara Group’s assets
  • Interest rate hike could be on tap in September

Transient corporate down but Hilton sees opportunities

Despite softening in corporate transient growth in the quarter, Hilton Worldwide Holdings executives said the company is seeing many positives, particularly in results from new loyalty pricing models and brand growth.