Hilton Adds Nomad Hotel Model In Deal To Broaden Luxury Offerings
Year-to-date via September 30, the Company repurchased approximately 3.8 million shares of its frequent inventory for $270 million. As of September 30, 2023, the Company had $2.2 billion of long-term debt outstanding with a weighted average rate of interest of four.9%. The Company borrowed $110 million on its revolving credit score facility through the third quarter and had an obtainable borrowing capacity of $631 million after considering $9 million of excellent letters of credit as of September 30, 2023. The Company ended the quarter with a money balance of $79 million and approximately $710 million in whole liquidity.
- The renovation