Currently, travelers can cancel up to 24 hours before midnight on the day of check-in without a penalty. The changes are expected to go into effect at the end of July. The penalty would remain the same: Customers who cancel after the deadline would be charged for one night in the room they had booked. While the new policy will be implemented at the properties Hilton manages, the properties that are Hilton franchises and run by other management companies will decide their own cancellation policies on a case-by-case basis, according to a spokesman for Hilton. Get the full story at the Washington Business Journal