Hilton Worldwide Holdings Inc

Fifth Wall closes half-billion-dollar climate fund to decarbonize global real estate

Fifth Wall closes half-billion-dollar climate fund to decarbonize global real estate

Fifth Wall, a venture capital firm focused on real estate technology, is tripling down on its bet that climate tech will become an integral driver in the real estate space. It just announced commitments of half a billion dollars to close its inaugural Climate Fund, which launched with $116 million in August of last year. …

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Restaurants are short-staffed, and that's taking a big toll on customers and workers alike

Restaurants are short-staffed, and that’s taking a big toll on customers and workers alike

A waiter works at a restaurant in Alexandria, Virginia, on June 3, 2022. Olivier Douliery | AFP | Getty Images Jeff Rothenberg has grown accustomed to long wait times at restaurants, even when tables are visibly open. “Another restaurant we went to had open seats outside, but when we went to the host, they mentioned …

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Why Marriott, Hilton and Hyatt say hotel prices are only going up

Why Marriott, Hilton and Hyatt say hotel prices are only going up

Despite high inflation, a softening economy, and fears of a recession, the hotel industry is not seeing any slowdown. It’s the exact opposite, with Hilton CEO Chris Nassetta predicting that the hotel chain will “have the biggest summer we’ve ever seen in our 103-year history this summer.” Few industries were hit as hard as travel …

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