Hilton Worldwide Holdings Inc. (HLT) reported substantial unit growth in 2023, marked by impressive signings and notable progress in construction starts. The upside can be attributed to effective commercial strategies. Also, it highlighted substantial global customer demand backed by high-quality product offerings and exceptional service levels.As of 2023-end, HLT reported more than 7,500 properties in 126 countries and territories. The company added more than one new hotel per day to its global portfolio o ...

Marriott International Inc. and Hilton Worldwide Holdings Inc. said Monday they grew their hotel room footprints as travel continued its rebound in 2023 from the travel downturn in the wake of the COVID-19 pandemic.As the larger of the two giant hotel chains by market cap, Marriott MAR, +0.43% said its net rooms increased by 4.7% to just under 1.6 million in 2023. Its development pipeline jumped 15% to 573,000 rooms, a record.Net rooms grew 4.7% to over 1.597 million and the company’s development pipeline e ...

MCLEAN, Va.--(BUSINESS WIRE)--Hilton (NYSE: HLT) ended 2023 with the strongest development quarter in its history, opening more new rooms than during any other quarter. The hospitality leader opened 132 hotels and approximately 24,000 rooms between October and December 2023, contributing to full-year openings of 395 hotels and approximately 63,000 rooms to achieve net unit growth of 4.9%. Hilton also continued to strengthen its development pipeline with record 2023 signings of nearly 1,000 hotels represent ...

MCLEAN, Va.--(BUSINESS WIRE)--Hilton today debuted Hilton for Business, a new, digital-forward travel program that empowers professionals running small- and medium-sized businesses to simplify travel management while enhancing rewards and discounts for their loyalty. The global program offers a comprehensive set of tools to enhance the business travel booking and management experience and provide Hilton Honors benefits to business customers and their employees around the world. Hilton for Business answe ...

Hilton Worldwide Holdings Inc.’s (HLT) brand, Signia, debuted in Georgia with Signia by Hilton Atlanta. The company announced it to be Atlanta’s largest ground-up hotel development project in 40 years.The company has the largest global market in Atlanta, which is reflected through 136 hotels across its 13 brand portfolios. Also, Hilton’s expansion pipeline remains solid with 40 new hotels undergoing different stages of design and construction in the city.More on Signia by Hilton AtlantaThis 976-room propert ...

ATLANTA--(BUSINESS WIRE)--Today, Hilton (NYSE: HLT) announced the highly anticipated opening of the 976-room Signia by Hilton Atlanta, marking the first new build and Georgia hotel for the Signia by Hilton brand, and Atlanta’s largest ground-up hotel development project in 40 years. Inclusive of the property’s debut, Atlanta represents Hilton’s largest market globally by number of hotels with a portfolio of 136 hotels across 13 brands welcoming travelers to the destination. In Atlanta, Hilton also has a pip ...

MCLEAN, Va.--(BUSINESS WIRE)--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, followed by a conference call at 9 a.m. EST. 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 web ...

Core Insights - Hilton has launched a new extended-stay hotel brand named LivSmart Studios, targeting long-stay guests with over 350 deals currently in negotiation [1][2] - The brand aims to fill a market gap for guests staying 20 nights or more, positioning itself as a disruptive force in the extended-stay segment [2][4] - The first LivSmart Studios hotel is under construction in Kokomo, Indiana, with an expected opening in late summer 2024 [3] Company Overview - Hilton operates a portfolio of 22 brands with nearly 7,400 properties and over 1.1 million rooms globally [6] - The company has a strong focus on innovation to meet the evolving needs of travelers, as highlighted by the introduction of LivSmart Studios [2][4] - Hilton Honors, the company's loyalty program, offers members various benefits, including discounts and flexible payment options [3][6] Brand Features - LivSmart Studios will feature a modern design with inviting exteriors, spacious studio apartment-style accommodations, and essential amenities for long-stay guests [2][4][5] - Key elements include a fully equipped kitchen, ample storage, and a nontraditional lobby experience designed for convenience and comfort [2][4] - Outdoor gathering areas with fire pits and grills will enhance the community feel for guests [5]

Group 1 - Trump's businesses received at least $7.8 million from foreign governments during his presidency, with China contributing approximately $5.6 million [1][2] - The report by House Democrats claims that Trump violated the Constitution by prioritizing personal financial interests over the public interest [1] - The emoluments clause of the Constitution prohibits presidents from accepting money from foreign governments without Congressional consent [2] Group 2 - Trump is currently the leading contender for the Republican presidential nomination, with a significant lead in Iowa polls [2] - The House Democrats' report is released amid a GOP impeachment inquiry into President Joe Biden regarding his son Hunter's foreign business dealings [2] - Trump's Washington hotel was sold to an investor group in May 2022 and is now operating as a Waldorf Astoria [2]

Hilton Worldwide Holdings Inc. (NYSE:HLT) Q3 2023 Earnings Conference Call October 25, 2023 9:00 AM ET Company Participants Jill Chapman - SVP, IR and Corporate Development Chris Nassetta - President and CEO Kevin Jacobs - CFO and President, Global Development Conference Call Participants Shaun Kelley - Bank of America Joe Greff - JPMorgan Carlo Santarelli - Deutsche Bank Stephen Grambling - Morgan Stanley David Katz - Jefferies Smedes Rose - Citi Brandt Montour - Barclays Robin Farley - UBS Patrick Scholes ...