STOCK TITAN

Hilton Worldwide Holdings Inc. - HLT STOCK NEWS

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.

Rhea-AI Summary
Hilton (HLT) and Small Luxury Hotels of the World (SLH) have announced an exclusive strategic partnership that will bring Hilton guests to hundreds of luxury hotels worldwide. The partnership will expand Hilton's luxury offerings and give Hilton customers access to over 560 luxury boutique hotels in 90 countries. This will allow Hilton guests, including Hilton Honors members, to book and earn/redeem points at SLH properties, providing more luxury travel options to the sophisticated Hilton customer base.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
partnership
-
Rhea-AI Summary
Hilton Worldwide Holdings Inc. reported strong financial results for Q4 and full year 2023, including a diluted EPS of $0.57 for Q4 and $4.33 for the full year, net income of $150 million for Q4 and $1,151 million for the full year, and adjusted EBITDA of $803 million for Q4 and $3,089 million for the full year. They also announced a new exclusive partnership with Small Luxury Hotels of the World, projecting full year 2024 system-wide RevPAR to increase between 2.0 percent and 4.0 percent.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
none
-
Rhea-AI Summary
Hilton (NYSE: HLT) ended 2023 with the strongest development quarter in its history, opening 132 hotels and approximately 24,000 rooms between October and December 2023. The company achieved net unit growth of 4.9% and had a record 2023 signings of nearly 1,000 hotels representing 130,000 rooms, up 45% from the prior year. Hilton's pipeline is now the largest in its history with nearly 3,300 hotels, totaling more than 462,000 rooms. The company also had strong construction starts, approaching pre-pandemic levels, and has more new rooms under construction than any other hotel company globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
Tags
none
Rhea-AI Summary
Hilton debuts Hilton for Business, a digital-forward travel program for small- and medium-sized businesses, offering comprehensive booking platform, discounts, loyalty rewards, and seamless program management tools. The program addresses the growing need for simplified travel management and enhanced rewards for business customers and their employees worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
none
-
Rhea-AI Summary
Hilton (NYSE: HLT) expands its Georgia portfolio with the opening of the 976-room Signia by Hilton Atlanta, marking the first new build and Georgia hotel for the brand. The property is part of Atlanta’s largest ground-up hotel development project in 40 years and is owned by Georgia World Congress Center Authority. The hotel features eight food and beverage experiences, a spa, rooftop pool, fitness center, and more than 100,000 square feet of flexible meeting space, including the largest hotel ballroom in Georgia. Hilton also has a pipeline of more than 40 hotels in various stages of design and construction in Atlanta.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.01%
Tags
none
-
Rhea-AI Summary
Hilton Worldwide Holdings Inc. (NYSE: HLT) will report fourth quarter and full-year 2023 financial results before the stock market opens on Wednesday, Feb. 7, 2024. Christopher J. Nassetta, president & chief executive officer, Hilton, and Kevin Jacobs, chief financial officer & president, global development, Hilton, will discuss the company's performance and lead a question-and-answer session. Participants may listen to the live webcast by logging onto the Hilton Investor Relations website. A replay and transcript of the webcast will be available within 24 hours of the live event. Alternatively, participants may listen to the live call by dialing 1-888-317-6003 in the United States or 1-412-317-6061 internationally using the conference ID 1697630.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
Rhea-AI Summary
Hilton (NYSE: HLT) announces LivSmart Studios, a new extended-stay hotel brand, with over 350 deals in negotiation and the first hotel under construction in Kokomo, Ind. The brand offers long-stay guests a reliable and consistent foundation, addressing the needs of the $300 billion workforce travel market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
none
-
Rhea-AI Summary
Imperalis Holding Corp. (IMHC) expands TurnOnGreen, Inc.'s EV charging infrastructure across multiple hotel properties in the United States, featuring high-power, networked EV chargers. The company aims to cater to the increased demand for electric vehicle charging options, providing scalable solutions to homes, businesses, and fleets across North America. The expansion aligns with the growing market trend and potential future growth in the hospitality sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
none
-
Rhea-AI Summary
Hilton (NYSE: HLT) has seen remarkable growth since its IPO in 2013, nearly doubling its global property and room count, more than doubling its brand portfolio, and quadrupling the number of Hilton Honors members worldwide. The company has delivered total shareholder returns of approximately 330%, outperforming major indices and industry averages. Hilton also boasts the largest development pipeline in its history, positioning it well for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.32%
Tags
Rhea-AI Summary
The Waldorf Astoria Orlando (WAOL) completes a property-wide reimagination, including guestrooms, lobby, restaurants, spa, golf club, and meetings and events spaces. The renovation, led by Parker Torres Design, emphasizes the resort's unique geographic position within the Bonnet Creek Nature Preserve. All 502 guest rooms and 171 suites were redesigned, inspired by the nature reserve's indigenous wildlife and vegetation. The award-winning signature restaurant, Bull & Bear, introduces new menu items and a revamped cocktail program. Peacock Alley draws design inspiration from the shape of the peacock's feathers. The Waldorf Astoria Spa introduces new signature treatments and experiences. The signature 18-hole golf course underwent a meticulous restoration, and the hotel's meetings and events offerings were enhanced with a new ballroom, bringing the total meeting space to nearly 60,000 square feet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.41%
Tags
none

FAQ

What is the current stock price of Hilton Worldwide Holdings (HLT)?

The current stock price of Hilton Worldwide Holdings (HLT) is $250.14 as of November 20, 2024.

What is the market cap of Hilton Worldwide Holdings (HLT)?

The market cap of Hilton Worldwide Holdings (HLT) is approximately 60.6B.

What brands does Hilton Worldwide Holdings Inc. operate?

Hilton operates 22 world-class brands, including Hampton, Hilton, Home2, Curio, Canopy, Spark, Tru, Tempo, and LivSmart.

How many rooms does Hilton Worldwide Holdings Inc. manage?

Hilton manages nearly 1.2 million rooms across its global portfolio of 7,500 properties.

What is Hilton's recent significant project?

Hilton is collaborating with NABNI Developments on the Waldorf Astoria Residences Dubai Downtown, set to be completed by 2028.

How does Hilton generate most of its adjusted EBITDA?

Most of Hilton's adjusted EBITDA comes from its managed and franchised hotels, particularly in the Americas.

What are some of the innovations Hilton has introduced?

Hilton has introduced Digital Key Share, automated room upgrades, and the ability to book confirmed connecting rooms to enhance the guest experience.

How many members are in the Hilton Honors loyalty program?

The Hilton Honors loyalty program has over 180 million members.

What recognition has Hilton received for sustainability?

Hilton has been recognized on the Dow Jones Sustainability Indices for seven consecutive years.

How long has Hilton been in operation?

Hilton has been operating for over 100 years, welcoming more than 3 billion guests.

What is the mission of Hilton Worldwide Holdings Inc.?

Hilton's mission is to fill the earth with the light and warmth of hospitality.

What is the significance of Hilton's collaboration with NABNI Developments?

The collaboration aims to establish the first standalone Waldorf Astoria residential address outside the U.S., enhancing Hilton's global luxury brand presence.

Hilton Worldwide Holdings Inc.

NYSE:HLT

HLT Rankings

HLT Stock Data

60.64B
238.58M
2.12%
98.19%
1.69%
Lodging
Hotels & Motels
Link
United States of America
MCLEAN