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Saturday, October 16, 2021

Hilton Worldwide Holdings Inc. – Company Research Report

About the Company

Hilton Worldwide Holdings Inc. is an MNC that is based in the United States. It franchises and manages a vast portfolio of resorts and hotels. It has it headquarter in Tyson Corner, Virginia. The company was incorporated as Hilton Hotels Corporation from 1919 till 2009. Today, it has over 6200 properties in 118 countries. This company was founded by Conrad Hilton in the year 1919 in Cisco and had its headquarters in Beverly Hills but in 2009, that the headquarters moved to Tyson corner. The major stockholder of the firm till the mid of 2018 was HNA Group(25%), Blackstone(15.2%), and Wellington Management Group(6.7%). Hilton is a stand-alone firm now.

As of 2019, it had around 1,73,000 employees across its 6478 locations. The company is traded as NYSE: HLT (S&P 500 component).

The values of Hilton Worldwide Holdings Inc. are hidden in its name itself.

  • H- Hospitality: They are passionate about delivering their guest an exceptional experience.
  • I- Integrity: They do the things that are right always.
  • L-  Leadership: They are the leaders in their community as well as their industry.
  • T- Teamwork: They work with unity and as team players always.
  • O- Ownership: They are the owners of their decisions and actions.
  • N- Now: They operate with a sense of discipline and urgency.

It has a loyalty program Hilton Honors which was previously known as Hilton Honors and is one of the largest of its kind. Through this guest loyalty program, guests who visit the properties by the firm frequently can accumulate air miles and points. There are around 71 million members. It has 4 elite status levels including Diamond, Gold, Silver, and Member.

Key Management People of Hilton Worldwide Holdings Inc

  • Christopher J. Nassetta- Chief Executive Officer and President

He joined the company as Executive Vice President in 1995 and in 1997 was elected as the firm’s Chief Operating Officer. It was in 2000, that he became the president and CEO of Hilton. Christopher serves in multiple organizations and boards such as World Travel & Tourism Council, CoStar Group, Inc., Federal City Council, The Economic Club of Washington, D.C, Arlington Free Clinic, The Real Estate Roundtable, and McIntire School of Commerce Advisory Board. Apart from Nassetta the other the other members of the executive team includes:

  • Kristin Campbell– General Counsel & Chief ESG Officer
  • Laura Fuentes – Executive Vice President and Chief Human Resources Officer
  • Danny Huges – Executive Vice President and President, Americas
  • Kevin Jacobs – Chief Financial Officer & President, Global Development
  • Matthew W. Schuyler – Chief Brand & Communications Officer
  • Chris Silcock – EVP & Chief Commercial Officer
  • Simon Vincent – President, Europe, Middle East & Africa
  • Alan Watts – President, Asia-Pacific

Brands of Hilton Worldwide Holding Inc.

There are various tiers in which the firm categorizes its properties.

1. Luxury

  • Conrad Hotels & Resorts
  • LXR Hotels & Resorts
  • Waldorf Astoria Hotels & Resorts

2. Upper upscale

  • Embassy Suites by Hilton
  • Signia by Hilton
  • Curio Collection by Hilton
  • Canopy by Hilton
  • Hilton Hotels & Resorts (Flagship Brand of Hilton Worldwide)

3. Upscale

  • Homewood Suites by Hilton
  • Hilton Garden Inn
  • Tempo by Hilton
  • Tapestry Collection by Hilton
  • DoubleTree by Hilton

4. Upper Midscale

  • Home2 Suites by Hilton
  • Motto by Hilton
  • Hampton by Hilton

5. Midscale

  • Tru by Hilton

6. Timeshare

  • Hilton Grand Vacations, an independently operated company under Hilton Grand Vacations Inc.

Locations of Hilton Worldwide Holdings Inc.

  • North America

  • United States

Alabama, Florida, Georgia, Guam, Hawaii, Illinois, Idaho, District of Columbia, Delaware, Colorado, California, Arkansas, Arizona, Alaska, Maryland, Maine, Louisiana, Kentucky, Kansas, Iowa, Indiana, Wyoming, Wisconsin, West Virginia, Washington, Virginia, Vermont, Utah, Texas, Tennessee, South Dakota, South Carolina, Rhode Island, Pennsylvania, Oregon, Oklahoma, Ohio, North Dakota, North Carolina, New York, New Mexico, New Jersey, New Hampshire, Nevada, Nebraska, Montana, Missouri, Minnesota, Michigan, Massachusetts

  • Canada

Saskatchewan, Quebec, Prince Edward Island, Ontario, Nova Scotia, New Brunswick, Manitoba, British Columbia, Alberta

  • Mexico

Cabo San Lucas, Celaya, Ciudad Apodaca, Ciudad Juarez, Durango, Guadalajara, Guerrero, Irapuato, Merida, Monterrey, Piedras Negras, Queretaro, Salamanca, San Andres Cholula, San Juan Del Rio, Silao, Tuxtla Gutierrez, Villahermosa, Veracruz, Torreon, Tijuana, Tabasco, San Luis Potosi, Saltillo, Reynosa, Punta de Mita, Puerto Vallarta, Puebla, Playa del Carmen, Paraiso, Mexico City, Leon, Hermosillo, Guanajuato, Aguascalientes, Ciudad Victoria, Ciudad del Carmen, Chihuahua, Cancun

  • South America

Venezuela, Uruguay, Peru, Paraguay, Ecuador, Colombia, Chile, Brazil, Bolivia, Argentina

  • Central America & Caribbean

Trinidad and Tobago, Saint Lucia, Saint Kitts, and Nevis, Puerto Rico, Panama, Nicaragua, Jamaica, Honduras, Haiti, Guatemala, Dominican Republic, El Salvador, Curacao, Costa Rica, Belize, Barbados, Bahamas, Aruba, Anguilla

  • Europe

The United Kingdom, Ukraine, Turkey, Switzerland, Sweden, Spain, Slovakia, Serbia, Romania, Portugal, Poland, Netherlands, Montenegro, Malta, Luxembourg, Lithuania, Latvia, Kazakhstan, Italy, Israel, Ireland, Iceland, Hungary, Greece, Germany, France, Finland, Estonia, Czech Republic, Cyprus, Croatia, Bulgaria, Belgium, Belarus, Azerbaijan, Austria, Armenia, Albania

  • Middle East

Turkey, United Arab Emirates, Saudi Arabia, Qatar, Oman, Lebanon, Kuwait

  • Africa

Uganda, Zambia, Tanzania, South Africa, Seychelles, Nigeria, Namibia, Morocco, Mauritius, Kenya, Ethiopia, Eswatini, Equatorial Guinea, Egypt, Chad, Cameroon, Cabo Verde, Botswana, Algeria

  • Asia

Vietnam, Uzbekistan, Thailand, Tajikistan, Sri Lanka, South Korea, Singapore, Philippines, Myanmar, Maldives, Malaysia, Kazakhstan, Jordan, Japan, Israel, Indonesia, India, Guam, Cyprus, Taiwan, Macao, Hong Kong, China, Azerbaijan, Armenia

  • Australia/Pacific Island

Papua New Guinea, New Zealand, French Polynesia, Fiji, Australia

Finances of Hilton Worldwide Holdings Inc.

In 2016, Hilton was named one of the “World’s 25 Best Multinational Workplaces” by Fortune and Great Place to Work. In 2017, Fortune ranked Hilton number 26 in their list of “The 100 Best Companies to Work For”. In 2019, Fortune ranked Hilton number 1 in their list of “The 100 Best Companies to Work For”.

Hilton financial report

Hilton Holdings Financial report

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Kiara Dawson
Kiara Dawson comes from an Engineering background, with a specialization in Information Technology. She has a keen interest and expertise in Web Development, Data Analytics, and Research. She trusts in the process of growth through knowledge and hard work.

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