Hilton Worldwide Holdings Inc. is a leading global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its core business activities include hotel management and franchising under a range of brand names, from luxury and full-service to focused-service and extended-stay offerings. The company also operates a timeshare business through its subsidiary, Hilton Grand Vacations, and maintains a centralized reservations system to support its properties worldwide.
The company’s portfolio comprises well-known brands such as Hilton Hotels & Resorts, Waldorf Astoria, Conrad, DoubleTree, Embassy Suites, Hampton by Hilton and Homewood Suites, among others. Through its management and franchise model, Hilton Worldwide benefits from both fee-based revenues tied to the performance of its properties and royalty streams based on room revenues. The Hilton Honors loyalty program further drives repeat business by offering digital check-in/out, room selection and rewards to members.
Founded by Conrad N. Hilton in 1919 with the purchase of the Mobley Hotel in Cisco, Texas, the company has expanded over the past century to become one of the world’s largest hospitality firms. Hilton Worldwide became a public company again in 2013 and has since grown its global footprint through organic development and strategic franchise agreements. Its long-standing emphasis on service quality and brand consistency underpins its reputation in the lodging industry.
Headquartered in McLean, Virginia, Hilton Worldwide serves guests in more than 120 countries and territories across six continents. The company is led by President and Chief Executive Officer Christopher J. Nassetta, who has overseen Hilton’s growth and brand elevation since 2007. Under his leadership, Hilton has pursued digital innovation and sustainable practices to enhance guest experiences and drive long-term shareholder value.
AI Generated. May Contain Errors.
MarketBeat All Access