Hilton Worldwide

Hilton Worldwide Holdings Inc.
FormerlyHilton Hotels Corporation (1919–2009)
Company typePublic
IndustryHospitality
FoundedMay 31, 1919; 105 years ago (1919-05-31), in Cisco, Texas, U.S.
FounderConrad Hilton
Headquarters
Tysons, Virginia
,
U.S.
Number of locations
Increase 7,530 (2023)
Area served
Worldwide
Key people
Products
RevenueIncrease US$11.2 billion (2023)
Increase US$2.22 billion (2023)
Decrease US$1.15 billion (2023)
Total assetsDecrease US$15.4 billion (2023)
Total equityDecrease US$−2.3 billion (2023)
Number of employees
Increase 178,000 (2023)
Websitehilton.com
Footnotes / references
[1][2][3][4]

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. Nassetta. Hilton is headquartered in Tysons, Virginia, United States.

As of December 31, 2023, the company's portfolio includes 7,530 properties (including timeshare properties) with 1,182,937 rooms in 118 countries and territories. Hilton owns or leases 51 properties, manages 800 properties, and franchises out 6,679 properties to independent franchisees or companies.[5]

Hilton has 22 brands across different market segments, including Conrad Hotels & Resorts, Canopy by Hilton, Curio, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Hilton Grand Vacations Club, Hilton Vacation Club, Hilton Club, LXR Hotels and Resorts by Hilton, Waldorf Astoria Hotels & Resorts, Signia by Hilton, Tru by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, Motto by Hilton, and Spark by Hilton.

On December 12, 2013, Hilton again became a public company, raising an estimated $2.35 billion in its second IPO.[6] At the time, Blackstone Inc. held a 45.8 percent stake in the company.[7] In October 2016, China's HNA Group agreed to acquire a 25 percent equity interest in Hilton from Blackstone. The transaction was expected to close in the first quarter of 2017.[8][9][10] Hilton's largest stockholders were until mid-2018 HNA Group, Blackstone, and Wellington Management Company, which as of March 2017 owned 25%, 15.2%, and 6.7% of Hilton common stock respectively.[11]

The company was founded by Conrad Hilton in 1919 as Hilton Hotels Corporation in Cisco, Texas, and it had its headquarters in Beverly Hills, California, from 1969 until 2009. In August 2009, the company moved to Tysons Corner, unincorporated Fairfax County, Virginia, near McLean.[12][13][14]

  1. ^ "Hilton Worldwide Holdings Inc. 2018 Annual Report Q4" (PDF). www.ir.hilton.com. Hilton Holdings. April 2021. Archived (PDF) from the original on April 22, 2021.
  2. ^ "Hilton Worldwide Holdings Inc. 2023 Annual Report (Form 10-K)". sec.gov. U.S. Securities and Exchange Commission. February 7, 2024.
  3. ^ "Hilton Worldwide Holdings Total Assets". www.macrotrends.net. December 31, 2020.
  4. ^ "Board of directors". ir.hilton.com.
  5. ^ "SEC-Outline". otp.tools.investis.com. Retrieved February 17, 2024.
  6. ^ Rawlings, Nate. "Hilton Prepares to Go Public With Largest-Ever Hotel IPO". Time. ISSN 0040-781X. Retrieved December 3, 2018.
  7. ^ "Hilton Worldwide Holdings Inc. Schedule 14A". Securities and Exchange Commission. Archived from the original on April 22, 2016. Retrieved April 8, 2016.
  8. ^ Yu, Hui-Yong (October 24, 2016). "Blackstone's Search for Real Estate Buyers Keeps Ending in China". Bloomberg.com. Bloomberg L.P. Archived from the original on October 29, 2016. Retrieved November 10, 2016.
  9. ^ "China's HNA Group to buy 25% stake in Hilton". CNBC. October 24, 2016. Archived from the original on October 30, 2016. Retrieved November 10, 2016.
  10. ^ "China's HNA Group Just Locked in Another Big Hotel Deal". Fortune. October 25, 2016. Archived from the original on October 27, 2016. Retrieved November 10, 2016.
  11. ^ "Hilton Worldwide Holdings Inc. Schedule 14A". Securities and Exchange Commission. Archived from the original on August 11, 2017. Retrieved August 10, 2017.
  12. ^ "Hilton Checks Into New Tysons Headquarters". Retrieved August 15, 2015.
  13. ^ "Contact Us Archived 2009-09-28 at the Wayback Machine." Hilton Worldwide. Retrieved on October 14, 2009.
  14. ^ "Tysons Corner CDP, Virginia". United States Census Bureau. Archived from the original on November 10, 2011. Retrieved May 7, 2009.