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Hampton by Hilton, formerly (and still commonly called) Hampton Inn or Hampton Inn & Suites, is an American chain of hotels trademarked by Hilton Worldwide. [2] The Hampton hotel brand is a chain of moderately priced, budget to midscale limited service hotels with limited food and beverage facilities.
Hilton Worldwide Holdings Inc. is an American multinational hospitality company that manages and franchises a broad portfolio of hotels, resorts, and timeshare properties. . Founded by Conrad Hilton in May 1919, the company is now led by Christopher J. Nasse
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Logo of the former brand, Fairfield Inn & Suites (1987–2019) Marriott International developed the concept for Fairfield Inn in the late 1980s to compete with other economy limited-service (ELS) hotel chains (below $45 a night) like Days Inn, Hampton Inn, and Red Roof Inn. The first location opened in October 1987 in Atlanta, Georgia.
After the separation from Six Continents, IHG began an asset disposal program, selling off hotels to move towards an "asset-light" model focused on franchising and management. [18] From 2003 to 2015, the company sold around 200 hotels for a total of almost $8 billion, [ 19 ] [ 20 ] leaving only 7 owned or leased properties in the portfolio.