Hilton Worldwide Holdings Inc

Description

Hilton Worldwide Holdings Inc is engaged in the hospitality business through holdings in hotel properties.

In 1919, founder Conrad Hilton set up the company headquartered in Virginia, the United States. It operates as a holding company that provides various hospitality services through various subsidiaries and brands.

Hilton Worldwide manages and owns resorts and different real estate properties, including hotels. The company has a global presence in 119 countries.

As of 2020, the firm claims to have launched over 410 hotels reflecting a growth of 5.1 per cent from 2019 reportedly. The additional asset portfolio contributes to over 56,000 rooms to the total holdings. Further by the end of 2020, the American hotel company claims to have added and approved over 83,000 new rooms representing 530 hotels to its development pipeline.

Formerly known as Hilton Hotels Corporation, the firm is a publicly listed company trading on the New York Stock Exchange under the ticker of ‘HLT’.

The company has more than 6,500 properties across the globe and over 18 brands under its portfolio, including Walforf Astor Hotels & Resorts, LXR, Conrad, Canopy by Hilton, Signia by Hilton, Hilton Hotels & Resorts, Curio Collections, Double Tree, Tapestry Collection, Embassy Suites, Tempo, and Motto.

The hospitality company claims to deliver a high-quality service across its different properties.

In addition, it aims to leverage the benefit from integrated advanced technologies and innovative solutions to improve the business and operational efficiency along with maintain low cost.

Through its Hilton Honors program, the company caters to guests in the United States. The company aims to drive customer satisfaction by building loyalty among them.

It presently claims to have 2,570 hotels in the development pipeline. The company also aims to develop over 397,000 rooms in over 116 countries. The hospitality services firm also provides several travel reward programs.

The US-based firm claims to serve around 25,000 customers and conducts business in nearly 42 languages, including augmented presence via online ads, mobile marketing, and social media.