A hotel review site recently found double-digit returns on its hotel room and travel deals.
That’s a big boost to the company’s stock price.
But the company also sees a chance that its deals will lose their edge in the long run, as more people stay away from hotels.
In the past, DoubleTree and Hilton have been very profitable, but they’ve had a rough ride in recent years.
Last month, Hilton reported a loss of $3.8 billion for the third quarter.
Both hotels lost money in the first half of this year.
DoubleTree has been even more volatile.
The company posted a loss last month of $1.8 million.
But its profit margin is still good.
This week, Doubletree reported a profit of $2.7 billion for its third quarter, which was the first time the company has reported profit.
Doubletree is looking to build a brand and sell more hotels.
The new hotel will be called The Grove, and it will be a mix of traditional and modern design.
It will also include amenities like Wi-Fi and fitness centers.
The Grove hotel will open in early 2019.