Hilton - An American Multinational Hospitality Company
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The company I’m going to introduce is $Hilton(HLT)$ .
It went public on 12th December 2013.
Hilton Worldwide Holdings Inc. is a hospitality company. The Company is engaged in managing, franchising, owning and leasing hotels and resorts, and licensing its brands and intellectual property.
The Company manages, franchises, owns or leases approximately 6,837 properties comprising approximately 1,074,791 rooms in over122 countries and territories.
Its brands include Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts and Conrad Hotels & Resorts, Canopy by Hilton, others. It operates through two segments: management and franchise, and ownership.
The management and franchise segment include all the hotels, which the Company manages for third-party owners, as well as all franchised hotels operated or managed by someone other than the Company.
The management and franchise segment include approximately 745 managed hotels and over 5,978 franchised hotels consisting of approximately 1,047,262 rooms.
The ownership segment includes approximately 54 properties totaling over 18,151 rooms.
[History & Events]
1919: Conrad Hilton purchased his first hotel, the 40-room Mobley Hotel.
1925: The Dallas Hilton became the first hotel to use the Hilton name.
1943: Hilton purchased the Roosevelt Hotel and the Plaza Hotel.
1946: The company incorporated in 1946 as the Hilton Hotels Corporation, and subsequently began public trading of shares.
1949: Hilton International was founded a few years later, in 1949, with the opening of the Caribe Hilton Hotel in Puerto Rico.
1987: Hilton Honors (formerly Hilton HHonors), the company's guest loyalty program, was initiated in 1987.
2007: Hilton Hotels Corp. agreed to an all-cash buyout from the Blackstone Group LP in a $26 billion (including debt) deal that would make Blackstone the world's largest hotel owner.
2013: Hilton returned to being a public company. The Blackstone Group retained a 45.8% stake in the company.
2020: As of June 30, 2020, about 98% of the rooms branded under Hilton were managed or franchised to independent operators and companies.
[Main Business Segments]
[Net Income & Total Revenue]
Four Seasons Hotels and Resorts
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