Hilton Worldwide Holdings Inc. stands as a cornerstone of the global hospitality industry, delivering exceptional guest experiences through a vast network of properties across 140 countries and territories. As of December 31, 2024, Hilton operates 8,447 properties with 1,268,206 rooms, encompassing luxury hotels, economy accommodations, and timeshare resorts. Rooted in a 105-year legacy, Hilton’s commitment to hospitality excellence drives its operations, from personalized guest services to innovative sustainability initiatives.
Table of Contents
Detailed Company Profile
Hilton Worldwide Holdings Inc., headquartered at 7930 Jones Branch Drive, Suite 1100, McLean, Virginia 22102, is a Delaware-incorporated entity with the I.R.S. Employer Identification No. 27-4384691. Listed on the New York Stock Exchange under the ticker symbol HLT, Hilton manages a portfolio of 8,447 properties, comprising 1,249,814 hotel rooms and 18,392 timeshare rooms as of December 31, 2024. With a workforce of approximately 181,000 employees across owned, leased, and managed properties, and an additional 311,000 employed by third-party owners at franchised properties, Hilton maintains a robust operational foundation.
Hilton’s business model revolves around two primary segments: Management and Franchise, and Ownership. The Management and Franchise segment oversees 8,292 hotels, generating revenue through management fees, franchise royalties, and licensing agreements with partners such as Hilton Grand Vacations Inc. and co-branded credit card providers. The Ownership segment includes 50 owned or leased hotels, deriving revenue from room sales, food and beverage services, and amenities. Hilton’s guest loyalty program, Hilton Honors, with 211 million members as of 2024, enhances customer retention through rewards, personalized experiences, and digital innovations like the Digital Key.
Hilton’s global presence is supported by a development pipeline of 3,578 hotels with 498,600 rooms, reflecting 7.3% net unit growth in 2024 with the addition of 904 hotels and 98,400 rooms. The company’s corporate responsibility program, Travel with Purpose, focuses on sustainability, community engagement, and responsible sourcing, with the Hilton Global Foundation granting $5.3 million in 2024 to support environmental and social initiatives. Recognized as the #2 World’s Best Workplace by Fortune and Great Place to Work in 2024, Hilton fosters an inclusive culture that drives employee engagement and operational excellence.
Hilton’s strategic partnerships amplify its market reach. Collaborations with Hilton Grand Vacations for timeshare offerings, financial institutions for co-branded credit cards, and technology providers for reservation systems strengthen its ecosystem. The company’s focus on digital transformation, including mobile check-in and AI-driven personalization, positions it to meet evolving guest expectations, ensuring long-term competitiveness in the hospitality sector.
Business Segments
Hilton operates through two core business segments, each contributing to its operational and financial performance. Below is a detailed overview of these segments, focusing on their structure and operations.
1. Management and Franchise Segment
The Management and Franchise segment encompasses 8,292 hotels with 1,251,068 rooms, excluding owned or leased properties, as of December 31, 2024. This segment generates revenue through fees for hotel management, franchising, and licensing.
- Hotel Management: Hilton manages 831 hotels with 255,291 rooms for third-party owners, providing operational oversight, staff employment (primarily in the U.S.), and daily management. Contracts typically span 20 to 30 years, with base management fees calculated as a percentage of gross operating revenue and incentive fees tied to operating profits. Owners reimburse Hilton for expenses, including employee costs, and pay program fees for marketing, technology, reservation systems, quality assurance, and Hilton Honors participation. Some contracts include performance-based termination clauses, with Hilton retaining cure rights to address deficiencies.
- Franchising: Hilton licenses its intellectual property, including brand names, trademarks, and operating systems, to 7,461 hotels with 977,385 rooms. Franchisees pay initial application fees, royalty fees based on gross room revenue (and, in some cases, food and beverage revenue), and program fees for marketing, technology, and loyalty programs. Contracts typically last 10 to 20 years, with relicensing options for 10 to 15 years. Hilton ensures brand compliance through inspections and property improvement plans. The segment also includes licensing fees from 409 strategic partner hotels with 19,361 rooms and Hilton Grand Vacations’ timeshare properties.
- Revenue Contribution: In 2024, this segment accounted for 80.8% of total net sales, with $2,845 million in franchise and licensing fees, $326 million in base and other management fees, and $210 million in incentive management fees for the full year.
2. Ownership Segment
The Ownership segment comprises 50 hotels with 17,138 rooms, including 43 leased hotels, two leased by consolidated variable interest entities (VIEs), and five owned or leased by unconsolidated affiliates.
- Operations: Revenue is generated from nightly room sales, food and beverage services, and amenities such as spas and parking. Hilton employs labor management systems, cost controls, and property upgrades (e.g., guest room renovations, meeting space enhancements) to optimize profitability. Leased properties involve fixed lease payments, exposing Hilton to occupancy and cost risks, which are mitigated through dynamic pricing and operational efficiencies.
- Revenue Contribution: In 2024, this segment accounted for 11.2% of total net sales, with $1,141 million in revenue from owned and leased hotels for the full year.
Revenue Breakup: In 2024, the Management and Franchise segment contributed 80.8% ($3,381 million), the Ownership segment contributed 11.2% ($1,141 million), and other revenues accounted for 8% ($816 million) of total net sales of $5,338 million.
Products and Services Offered
Hilton’s offerings include a diverse portfolio of hotel brands, timeshare properties, a loyalty program, and corporate responsibility initiatives. Below is a comprehensive list of products and services.
1. Hotel Brands
Hilton’s 22 hotel brands cater to various traveler segments, from luxury to economy, with 8,447 properties and 1,268,206 rooms as of December 31, 2024. Key brands include:
- Waldorf Astoria Hotels & Resorts: 34 properties, 8,796 rooms (0.7% of total rooms). A luxury brand offering elegant service, Michelin-starred dining, and iconic destinations.
- Conrad Hotels & Resorts: 49 properties, 17,195 rooms (1.4%). A luxury brand with bold design and curated cultural experiences.
- LXR Hotels & Resorts: 15 properties, 2,619 rooms (0.2%). Independent luxury properties with personalized service.
- NoMad Hotels: 1 property, 91 rooms. A luxury lifestyle brand with sophisticated, intimate offerings.
- Signia by Hilton: 4 properties, 2,797 rooms (0.2%). Luxury hotels in gateway cities with top-tier event spaces.
- Canopy by Hilton: 43 properties, 7,581 rooms (0.6%). Upper upscale boutique hotels with local flair.
- Hilton Hotels & Resorts: 617 properties, 227,467 rooms (17.9%). Flagship upper upscale brand with global presence.
- Curio Collection by Hilton: 180 properties, 33,734 rooms (2.7%). Unique upper upscale hotels with bespoke experiences.
- Graduate by Hilton: 34 properties, 5,788 rooms (0.5%). Upper upscale lifestyle hotels in university towns.
- DoubleTree by Hilton: 695 properties, 156,943 rooms (12.4%). Upscale brand known for warm service and signature cookies.
- Tapestry Collection by Hilton: 151 properties, 17,768 rooms (1.4%). Upper upscale original hotels with vibrant personality.
- Embassy Suites by Hilton: 269 properties, 61,974 rooms (4.9%). Upper upscale all-suites brand with free breakfast and evening receptions.
- Tempo by Hilton: 4 properties, 1,224 rooms (0.1%). Upscale lifestyle brand for ambitious travelers.
- Motto by Hilton: 8 properties, 1,727 rooms (0.1%). Upper midscale urban lifestyle brand with connecting rooms.
- Hilton Garden Inn: 1,060 properties, 156,471 rooms (12.3%). Upscale brand with inviting service and dining options.
- Hampton by Hilton: 3,072 properties, 342,737 rooms (27.0%). Upper midscale brand with high-quality amenities and 100% satisfaction guarantee.
- Tru by Hilton: 283 properties, 27,605 rooms (2.2%). Midscale brand with modern, value-driven stays.
- Spark by Hilton: 96 properties, 8,710 rooms (0.7%). Premium economy brand with consistent, affordable stays.
- Homewood Suites by Hilton: 544 properties, 62,319 rooms (4.9%). Upscale all-suites extended-stay brand with home-like amenities.
- Home2 Suites by Hilton: 757 properties, 82,515 rooms (6.5%). Upper midscale all-suites extended-stay brand with eco-friendly focus.
- LivSmart Studios by Hilton: No open properties, but over 75 in the pipeline. Midscale long-stay brand for 10+ night stays.
- Hilton Grand Vacations: 105 properties, 18,392 rooms (1.5%). Timeshare brands with flexible vacation ownership.
Hilton also operates 17 unbranded properties (4,392 rooms, 0.3%) and 409 strategic partner hotels (19,361 rooms, 1.5%) using its booking channels and Hilton Honors program.
2. Guest Loyalty Program
- Hilton Honors: A loyalty program with 211 million members, offering points for stays at Hilton properties and strategic partner hotels, redeemable for free nights, discounted stays, or transactions with partners like American Express, Amazon, and Lyft. Benefits include flexible payment options, exclusive discounts, free Wi-Fi, and contactless technology via the Hilton Honors app (e.g., Digital Key).
3. Corporate Responsibility Initiatives
- Travel with Purpose: Hilton’s sustainability and social impact strategy, focusing on emissions reduction, water and waste management, career development, and community resilience. The Hilton Global Foundation granted $5.3 million in 2024 to support environmental and social causes.
- LightStay: A system for tracking energy, water, waste, and community engagement, enabling properties to monitor sustainability progress.
- Meet with Purpose: A service for corporate clients to plan sustainable meetings, offering emissions estimates and reduction options.
4. Management and Franchise Services
- Management Services: Operational oversight for third-party owners, including staffing, budgeting, and program implementation (marketing, reservations, quality assurance).
- Franchise Services: Licensing of Hilton’s brands, trademarks, and systems, with support for brand compliance, property improvement plans, and access to commercial services.
Company History
Hilton’s 105-year history began in 1919 with its founding by Conrad Hilton, whose vision shaped the company’s global trajectory. Key milestones include:
- 1919: Conrad Hilton purchased the Mobley Hotel in Cisco, Texas, launching his hospitality venture.
- 1925: The Dallas Hilton opened, the first to bear the Hilton name, introducing modern amenities like cold running water and air conditioning.
- 1940s: Hilton expanded internationally, acquiring the Waldorf Astoria in New York City (1949) and opening hotels in Puerto Rico and Mexico. The company went public in 1946.
- 1950s-1960s: Hilton pioneered airport hotels (e.g., San Francisco Airport Hilton) and introduced the Hilton Carte Blanche credit card. Expansion into Europe and Asia followed.
- 1970s-1980s: Hilton focused on franchising, launching Hampton Inn (1984) and acquiring Embassy Suites.
- 1990s: New brands like DoubleTree (1993) and Hilton Garden Inn (1996) were introduced, targeting diverse segments.
- 2000s: Blackstone acquired Hilton in 2007 for $26 billion, fueling growth. The company spun off Park Hotels & Resorts and Hilton Grand Vacations in 2017.
- 2010s: Hilton relaunched as a public company in 2013 (NYSE: HLT), introducing Canopy by Hilton (2014) and Tru by Hilton (2016). Hilton Honors grew significantly.
- 2020s: Hilton added 904 hotels in 2024, achieving 7.3% net unit growth. New brands included Spark by Hilton (2023) and LivSmart Studios (pipeline in 2024). The Hilton Global Foundation, established in 2019, granted $5.3 million in 2024.
Hilton’s history reflects innovation, resilience, and a commitment to redefining hospitality through strategic expansion and guest-focused initiatives.
Brands Details
Hilton’s 22 brands offer tailored experiences across luxury, lifestyle, upscale, midscale, and economy segments. Below is a detailed list:
- Waldorf Astoria Hotels & Resorts: 34 properties, 8,796 rooms in 17 countries. Features elegant service, Michelin-starred dining, and Peacock Alley restaurants.
- Conrad Hotels & Resorts: 49 properties, 17,195 rooms in 24 countries. Offers bold design, curated art, and wellness-focused amenities.
- LXR Hotels & Resorts: 15 properties, 2,619 rooms in 7 countries. Independent luxury hotels with unique designs and personalized service.
- NoMad Hotels: 1 property, 91 rooms in 1 country. Sophisticated luxury with local art and intimate dining.
- Signia by Hilton: 4 properties, 2,797 rooms in 2 countries. Luxury hotels with top-tier event spaces and vibrant atmospheres.
- Canopy by Hilton: 43 properties, 7,581 rooms in 13 countries. Boutique upper upscale hotels with local-inspired design and food.
- Hilton Hotels & Resorts: 617 properties, 227,467 rooms in 98 countries. Flagship brand with upscale accommodations and event spaces.
- Curio Collection by Hilton: 180 properties, 33,734 rooms in 44 countries. Unique upper upscale hotels with bespoke stories.
- Graduate by Hilton: 34 properties, 5,788 rooms in 2 countries. Lifestyle hotels in university towns with local traditions.
- DoubleTree by Hilton: 695 properties, 156,943 rooms in 59 countries. Upscale brand with warm service and signature cookies.
- Tapestry Collection by Hilton: 151 properties, 17,768 rooms in 21 countries. Original upper upscale hotels with vibrant personality.
- Embassy Suites by Hilton: 269 properties, 61,974 rooms in 8 countries. All-suites brand with free breakfast and evening receptions.
- Tempo by Hilton: 4 properties, 1,224 rooms in 1 country. Upscale lifestyle brand with wellness-focused rooms.
- Motto by Hilton: 8 properties, 1,727 rooms in 4 countries. Upper midscale urban brand with connecting rooms.
- Hilton Garden Inn: 1,060 properties, 156,471 rooms in 64 countries. Upscale brand with inviting service and dining.
- Hampton by Hilton: 3,072 properties, 342,737 rooms in 43 countries. Upper midscale brand with high-quality amenities and 100% guarantee.
- Tru by Hilton: 283 properties, 27,605 rooms in 5 countries. Midscale brand with modern, value-driven stays.
- Spark by Hilton: 96 properties, 8,710 rooms in 4 countries. Premium economy brand with simple design and friendly service.
- Homewood Suites by Hilton: 544 properties, 62,319 rooms in 4 countries. Upscale all-suites extended-stay brand with kitchens.
- Home2 Suites by Hilton: 757 properties, 82,515 rooms in 3 countries. Upper midscale all-suites extended-stay brand with eco-friendly operations.
- LivSmart Studios by Hilton: Over 75 properties in the pipeline. Midscale long-stay brand with apartment-style suites.
- Hilton Grand Vacations: 105 properties, 18,392 rooms in 8 countries. Timeshare brands with flexible points-based reservations.
Geographical Presence
Hilton’s global footprint spans 140 countries and territories, with properties distributed across five regions. Below is a detailed breakdown:
- United States:
- Properties: 5,887 hotels, 105 timeshare properties (5,992 total)
- Rooms: 816,878 hotel rooms, 18,392 timeshare rooms (835,270 total, 65.8% of total rooms)
- Net Sales: 78.6% of total net sales ($4,196 million)
- Details: Includes key brands like Hampton by Hilton (2,400+ properties) and Hilton Hotels & Resorts (300+ properties). Major cities host flagship properties.
- Americas (Excluding U.S.):
- Properties: 464 hotels
- Rooms: 72,670 (5.7% of total rooms)
- Net Sales: 5.3% of total net sales ($283 million)
- Details: Covers Canada, Latin America, and the Caribbean, with strong presence in Mexico and Brazil.
- Europe:
- Properties: 815 hotels
- Rooms: 123,226 (9.7% of total rooms)
- Net Sales: 8.2% of total net sales ($438 million)
- Details: Strong presence in the U.K., Germany, and France, with luxury and midscale brands.
- Middle East & Africa:
- Properties: 152 hotels
- Rooms: 38,940 (3.1% of total rooms)
- Net Sales: 2.9% of total net sales ($155 million)
- Details: Concentrated in the UAE, Saudi Arabia, and South Africa, with managed properties prevalent.
- Asia Pacific:
- Properties: 1,024 hotels
- Rooms: 198,100 (15.6% of total rooms)
- Net Sales: 5.0% of total net sales ($267 million)
- Details: Rapid growth in China, India, and Japan, with managed properties dominating.
Revenue Breakup: In 2024, the United States contributed 78.6% ($4,196 million), Americas (excluding U.S.) 5.3% ($283 million), Europe 8.2% ($438 million), Middle East & Africa 2.9% ($155 million), and Asia Pacific 5.0% ($267 million) of total net sales of $5,338 million.
Financial Performance
Hilton’s financial performance is detailed below through consolidated profit and loss, balance sheet, and cash flow statements, using explicit data from 2024 and prior years where available.
Consolidated Statement of Operations (P&L)
| Item | 2024 ($M) | 2023 ($M) | 2022 ($M) |
|---|---|---|---|
| Revenues | |||
| Franchise and licensing fees | 2,845 | 2,665 | 2,333 |
| Base and other management fees | 326 | 341 | 324 |
| Incentive management fees | 210 | 208 | 174 |
| Owned and leased hotels | 1,141 | 1,141 | 1,040 |
| Other revenues | 816 | 717 | 632 |
| Other revenues from managed and franchised properties | 5,667 | 5,147 | 4,622 |
| Total Revenues | 10,805 | 10,219 | 8,773 |
| Expenses | |||
| Owned and leased hotels | 1,100 | 1,092 | 1,022 |
| Depreciation and amortization | 142 | 149 | 165 |
| General and administrative | 408 | 387 | 382 |
| Other expenses | 556 | 460 | 404 |
| Other expenses from managed and franchised properties | 5,667 | 5,147 | 4,622 |
| Total Expenses | 7,873 | 7,235 | 6,595 |
| Operating Income | 2,932 | 2,984 | 2,178 |
| Interest expense | (562) | (492) | (385) |
| Other non-operating loss, net | (50) | (81) | (15) |
| Income Before Income Taxes | 2,320 | 2,411 | 1,778 |
| Income tax expense | (492) | (478) | (389) |
| Net Income | 1,539 | 1,151 | 1,255 |
Consolidated Balance Sheet
| Assets | 2024 ($M) | Liabilities and Equity | 2024 ($M) |
|---|---|---|---|
| Current Assets | Current Liabilities | ||
| Cash and cash equivalents | 1,451 | Accounts payable | 1,987 |
| Accounts receivable | 1,529 | Accrued expenses | 663 |
| Other current assets | 361 | Current portion of long-term debt | 514 |
| Total Current Assets | 3,341 | Total Current Liabilities | 3,164 |
| Non-Current Assets | Non-Current Liabilities | ||
| Property, plant, and equipment | 2,302 | Long-term debt | 10,790 |
| Intangible assets | 6,873 | Other liabilities | 2,533 |
| Other non-current assets | 2,758 | Total Non-Current Liabilities | 13,323 |
| Total Assets | 15,274 | Total Liabilities | 16,487 |
| Equity | |||
| Common stock | 3 | ||
| Retained earnings | 2,106 | ||
| Other equity | (3,322) | ||
| Total Equity | (1,213) | ||
| Total Liabilities and Equity | 15,274 |
Consolidated Statement of Cash Flows
| Item | 2024 ($M) | 2023 ($M) | 2022 ($M) |
|---|---|---|---|
| Operating Activities | |||
| Net income | 1,539 | 1,151 | 1,255 |
| Depreciation and amortization | 142 | 149 | 165 |
| Cash interest paid | (562) | (492) | (385) |
| Income tax payments, net | (492) | (478) | (389) |
| Other adjustments | 666 | 584 | 496 |
| Net Cash from Operating Activities | 1,293 | 1,914 | 1,685 |
| Investing Activities | |||
| Capital expenditures | (104) | (107) | (86) |
| Other investing activities | (279) | (144) | (73) |
| Net Cash from Investing Activities | (383) | (251) | (159) |
| Financing Activities | |||
| Interest rate swap settlements | 56 | 53 | 2 |
| Debt guarantee payments | (77) | (48) | (10) |
| Share repurchases | (2,923) | (2,159) | (1,466) |
| Dividends paid | (151) | (159) | (124) |
| Other financing activities | 1,053 | 400 | 90 |
| Net Cash from Financing Activities | (2,042) | (1,913) | (1,508) |
| Net Change in Cash | (1,132) | (250) | 18 |
| Cash at beginning of period | 2,583 | 2,833 | 2,815 |
| Cash at End of Period | 1,451 | 2,583 | 2,833 |
Subsidiaries, Wholly-Owned Subsidiaries, and Associates
Hilton’s operations involve a network of subsidiaries, wholly-owned subsidiaries, and associates. Below is an updated overview with explicit data:
Subsidiaries
- Hilton Domestic Operating Company Inc.: Issues senior notes (e.g., 4.875% Senior Notes due 2030) and manages credit agreements.
- Hilton Worldwide Finance LLC: Co-issuer of 4.875% Senior Notes due 2027.
- Hilton Worldwide Finance Corp.: Co-issuer with Hilton Worldwide Finance LLC.
- Hilton Worldwide Parent LLC: Guarantor in credit agreements.
- Sydell Group: Acquired controlling financial interest in 2024, included in financial statements from acquisition date to September 30, 2024.
Wholly-Owned Subsidiaries
- Hilton Domestic Operating Company Inc.: 100% owned by Hilton Worldwide Finance LLC.
- Hilton Worldwide Finance LLC: 100% owned by the Parent.
- Hilton Worldwide Finance Corp.: 100% owned by the Parent.
Associates
- Unconsolidated Affiliates: Five hotels are owned or leased by unconsolidated affiliates, with Hilton holding non-controlling financial interests. In 2023, Hilton recognized a $44 million impairment loss and $48 million credit losses on financing provided to an unconsolidated affiliate.
- Consolidated Variable Interest Entities (VIEs): Two hotels leased by consolidated VIEs, where Hilton is not the primary beneficiary.
Full List: The complete list is referenced in Exhibit 21.1 of the 2024 Annual Report, but additional names and ownership percentages are not fully disclosed in the provided data.
Physical Properties
Hilton’s physical properties include its corporate office, owned and leased hotels, and managed/franchised properties. Below is a detailed overview:
Corporate Office
- Location: 7930 Jones Branch Drive, Suite 1100, McLean, Virginia 22102
- Details: Global headquarters housing executive offices and corporate functions. Contact: +1-703-883-1000.
Owned and Leased Hotels
- Total: 50 hotels, 17,138 rooms
- Breakdown:
- Leased: 43 hotels
- Leased by Consolidated VIEs: 2 hotels
- Owned/Leased by Unconsolidated Affiliates: 5 hotels
- Key Brands:
- Hilton Hotels & Resorts: 46 properties, 15,896 rooms
- Waldorf Astoria: 2 properties, 463 rooms
- Conrad Hotels & Resorts: 2 properties, 394 rooms
- Regional Distribution:
- Americas (ex-U.S.): 1 property, 405 rooms
- Europe: 39 properties, – Americas: 11,579 rooms
- Middle East & Africa: 4 properties, 1,991 rooms
- Asia Pacific: 6 properties, 1,663 rooms
Managed and Franchised Properties
- Managed: 831 hotels, 255,291 rooms
- Franchised/Licensed: 7,461 hotels, 977,385 rooms (including 409 strategic partner hotels with 19,361 rooms)
Founders Details
Hilton was founded by Conrad Nicholson Hilton in 1919.
- Background: Born December 25, 1887, in San Antonio, New Mexico, Conrad grew up in a business family, served in World War I, and briefly entered politics before focusing on hospitality.
- Vision: To “fill the earth with the light and warmth of hospitality,” driving Hilton’s global expansion.
- Milestones:
- Purchased the Mobley Hotel in Cisco, Texas, in 1919.
- Opened the Dallas Hilton in 1925.
- Acquired the Waldorf Astoria in 1949.
- Expanded internationally in the 1940s.
- Legacy: Authored “Be My Guest,” established “Guest,” the Conrad N. Hilton Foundation, and passed away in 1979. His family, including son Barron and grandson Steven, continued his philanthropic legacy.
Board of Directors
Hilton’s board of directors as of February 6, 2025, includes the following:
- Jonathan D. Gray: Chairman
- Christopher J. Gray: President, CEO, and Director
- Charlene T. Begley: Director
- Chris Carr: Director
- Melanie L. Healey: Director
- Raymond E. Mabus, Jr.: Director
- Judith A. McHale: Director
- Elizabeth A. A. Smith: Director
- Douglas M. Smith: Lead Independent Director
- Marissa A. Mayer: Director Nominee
Shareholding Details
- Common Stock: 240,578,519 shares outstanding as of January 31, 2025 ($0.01 par value).
- Market Value: $53,020 million for non-affiliate-held stock as of June 30, 2024.
- Shareholder Breakdown: Details are incorporated by reference to the 2025 proxy statement (Item 12).
- Stock Exchange: NYSE (Ticker: HLT).
Parent Company Details
Hilton Worldwide Holdings Inc. is the ultimate parent company, with no higher parent entity.
Investment Details
- Unconsolidated Affiliates: Five hotels with non-controlling financial interests.
- Consolidated VIEs: Two hotels leased by VIEs, with Hilton not the primary beneficiary.
- Sydell Group: Acquisition of controlling financial interest in 2024, cost not disclosed.
- Specific investment values are not disclosed in the provided data.
Future Investment Plan
Hilton’s future investments focus on:
- Development Pipeline: 3,578 hotels with 498 hotels,600 rooms with, with 1,432 hotels (140,100 rooms) added to the pipeline in 2024. Includes LivSmart Studios (75+ million properties), Spark by Hilton by, and luxury brands.
- Sustainability: Investments in renewable energy, emissions reduction, water and waste reduction in management, and community resilience through Travel with resilience. The Hilton Global Foundation granted $1 million.3 million in 2024.
- Technology: Enhancements to the Hilton Honors program app, including mobile messaging at over 8,000 properties, Digital Key properties, and reservation systems.
- Financial Projections: For 2025, Hilton projects net income of $1 income,827 million to $858 million, Adjusted EBITDA of $1-858 million to $3,740 million, and capital return of approximately $3 million.3 billion to shareholders.
- Specific investment amounts for individual projects are not disclosed.
Conclusion
Hilton Worldwide Holdings Inc. redefines hospitality worldwide through its global network of 8,447 properties, diverse brand portfolio, and innovative guest experiences. With 211 million Hilton guests, a robust development pipeline, and a commitment to sustainability, Hilton continues to lead the industry in delivering exceptional
