Welcome to our dedicated page for Hilton Worldwide Holdings news (Ticker: HLT), a resource for investors and traders seeking the latest updates and insights on Hilton Worldwide Holdings stock.
Hilton Worldwide Holdings Inc. (NYSE: HLT) is a leading global hospitality company with a portfolio consisting of 22 world-class brands. Operating nearly 1.2 million rooms across more than 7,500 properties in 126 countries and territories, Hilton serves a diverse range of customer segments from premium economy to luxury.
Hilton's extensive brand portfolio includes well-known names such as Hampton and Hilton, which represent 28% and 19% of the company's total rooms, respectively. Over the past few years, Hilton has expanded its brand offerings with the introduction of new brands like Home2, Curio, Canopy, Spark, Tru, Tempo, and LivSmart. Additionally, the company has formed a partnership with Small Luxury Hotels and acquired Nomad and Graduate Hotels.
The majority of Hilton's adjusted EBITDA is generated from managed and franchised hotels, predominantly located in the Americas. This business model allows Hilton to maintain significant operational efficiencies and scalability across its diverse portfolio.
In recent news, Hilton has announced an ambitious project in collaboration with NABNI Developments to establish the Waldorf Astoria Residences Dubai Downtown, set to be completed by 2028. This project marks the first standalone Waldorf Astoria residential address outside the United States, enhancing Hilton's global luxury brand presence. The development will feature world-class design by Carlos Ott Architects, interiors by Hirsch Bedner Associates, and top-tier amenities and services managed by Waldorf Astoria.
Hilton's commitment to innovation and excellence is evident through its industry-leading technology enhancements such as Digital Key Share, automated room upgrades, and the ability to book confirmed connecting rooms. The company continues to enhance the guest experience through its Hilton Honors loyalty program, which boasts over 180 million members who benefit from exclusive perks and rewards.
Recognized as a global leader in sustainability, Hilton has been included in the Dow Jones Sustainability Indices for seven consecutive years and was named the No. 1 World's Best Workplace by Great Place to Work and Fortune. The company's mission to fill the earth with the light and warmth of hospitality remains steadfast as it welcomes guests through its extensive and diverse portfolio.
Hilton has announced that nearly 85% of its U.S. properties are now pet-friendly, in response to rising demand from travelers. A recent survey indicated that 70% of Americans plan summer travel, with over two-thirds of pet owners highlighting mental health benefits as a reason to bring their pets along. Hilton has expanded its partnership with Mars Petcare to provide virtual support for pet health during stays at over 4,600 hotels in North America. This includes exclusive offers, such as waived enrollment fees for Banfield's Optimum Wellness Plans.
F45 Training Holdings (NYSE: FXLV) has announced its first fitness studio within a hotel, located at the Hilton Austin. Slated to open this fall, the studio will occupy 1,236 square feet, providing high-intensity circuit-based workouts. This move marks a significant step for F45's new Clubs & Hotels business unit and aims to enhance guest experiences. The partnership allows guests and local attendees to access workouts with discounts for Hilton Honors members and F45 members, showcasing F45's expansion strategy into the hospitality sector.
Honeyfund and Hilton are continuing their partnership, launching a sweepstakes for couples amid the anticipated 2.5 million weddings in 2022. The promotion offers one couple a honeymoon at the new Conrad Tulum Riviera Maya, valued at $5,000, including luxury accommodations and spa treatments. This partnership supports couples in funding their dream weddings and honeymoons, addressing the surge in wedding rescheduling due to the pandemic. Hilton continues to enhance its portfolio with premier resort destinations, making it an attractive option for honeymooners.
Hilton has announced essential travel tips for families ahead of a projected record summer travel season. Key recommendations include choosing hotels that offer complimentary hot breakfasts, accommodating pets at over 5,000 locations, and opting for spacious rooms or suites. Hilton's brands are well-suited to meet evolving traveler needs, featuring amenities that cater to families and their pets. A recent survey revealed that 79% of Americans feel more productive after breakfast, and 55% of pet owners plan to travel with their pets this summer. For Hilton Honors members, there is a promotion to earn more points on summer stays.
Hilton Worldwide Holdings Inc. (NYSE: HLT) reported a strong Q1 2022 with diluted EPS of $0.75 and net income of $211 million. Adjusted EBITDA reached $448 million, while system-wide comparable RevPAR surged 80.5% compared to Q1 2021, though it remains 17% below pre-pandemic levels. The development pipeline expanded to over 410,000 rooms with 22,200 new rooms approved. Hilton resumed share repurchases, acquiring 907,000 shares for approximately $130 million. Full-year projections indicate continued RevPAR growth and expected net income between $1,001 million and $1,071 million.
Hilton Worldwide Holdings Inc. (NYSE: HLT) will announce its first quarter 2022 financial results before the market opens on May 3, 2022. Following the announcement, a conference call will be held at 10 a.m. EDT, featuring CEO Christopher J. Nassetta and CFO Kevin Jacobs. Investors can access the live webcast through the Hilton Investor Relations website, with a replay available later. Hilton operates over 6,800 properties across 122 countries, enhancing guest experiences with innovative technologies like Digital Key Share.
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