Hilton Worldwide

Hilton Worldwide Overview

industry

Industry

Other

About Hilton Worldwide

Hilton Worldwide Holdings Inc is a prominent equity in the USA market. The current price stands at 272.53 USD with a slight change of -0.50 USD (-0.00%) from the previous close. The latest open price recorded was 274.81 USD, with an intraday volume of 4296.

The stock's intraday high reached 273.85 USD, while the intraday low touched 272.03 USD. The most recent trade time was Thursday, July 10, 06:00:20 PDT.

Company Overview

Hilton Worldwide Holdings Inc. is a leading global hospitality company that manages, franchises, owns, and leases a diverse portfolio of hotels, resorts, and timeshare properties.

Founded by Conrad Hilton in 1919, the company has expanded to include 24 distinct brands. These brands cater to a variety of traveler preferences and accommodation needs.

Comprehensive Brand Portfolio

Hilton's extensive brand portfolio is organized into categories to suit different market segments:

  • Luxury: Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, Conrad Hotels & Resorts, NoMad Hotels.
  • Lifestyle: Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, Motto by Hilton, NoMad Hotels.
  • Full Service: Hilton Hotels & Resorts, DoubleTree by Hilton.
  • Focused Service: Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Spark by Hilton.
  • All Suites: Embassy Suites by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, LivSmart Studios by Hilton.
  • Vacation Ownership: Hilton Grand Vacations Club, Hilton Vacation Club, Hilton Club.

This diverse array ensures Hilton can serve guests ranging from luxury seekers to budget-conscious travelers.

Global Presence

As of December 31, 2023, Hilton's portfolio included 7,530 properties with 1,182,937 rooms across 118 countries and territories.

The company operates through ownership, management, and franchising, comprising:

  • 51 properties owned or leased
  • 800 managed properties
  • 6,679 franchised properties to independent entities

Innovations and Milestones

Hilton pioneered innovations such as the world's first central reservations office, "HILCRON," in 1954, which handled over 6,000 reservations in its first year.

The company also introduced air conditioning in hotel rooms and launched the airport hotel concept with the Hilton Inn at San Francisco International Airport in 1959.

Hilton Honors Program

The Hilton Honors guest loyalty program has approximately 195 million members. Members earn points and airline miles when staying at Hilton properties.

The program features four elite status levels: Member, Silver, Gold, and Diamond.

Recent Developments

Under CEO Christopher J. Nassetta, who joined in 2007, Hilton has transformed significantly, expanding its brand portfolio and increasing room count faster than competitors.

The company returned to the New York Stock Exchange in 2013 and continues strong financial performance.

Presence in Oak Park, IL

Hilton Worldwide maintains a presence in Oak Park, Illinois, USA. While specific operational details are limited, this reflects the company's footprint in the region.

Hilton Worldwide Frequently Asked Questions

Hilton Worldwide hasn't posted any FAQs yet.