Hilton Worldwide Holdings Inc.

Hilton Worldwide Holdings Inc. (NYSE: HLT) operates as one of the largest global hospitality companies, managing and franchising a diverse portfolio of hotel and timeshare brands across 143 countries and territories. The company's website is located at ir.hilton.com.

As of December 31, 2025, Hilton's system comprises 9,158 properties containing approximately 1.35 million rooms, supported by a development pipeline of 3,703 hotels representing 520,500 additional rooms under development. The company operates through two primary segments: management and franchise, which generates revenue from fees charged to third-party hotel owners and licensing arrangements, and ownership, which derives revenue from nightly room sales, food and beverage operations, and other services at consolidated hotels.

Hilton's brand portfolio spans the full hospitality spectrum, including luxury properties such as Waldorf Astoria Hotels & Resorts and Conrad Hotels & Resorts, lifestyle brands including Canopy by Hilton and Curio Collection by Hilton, full-service offerings like Hilton Hotels & Resorts and DoubleTree by Hilton, focused-service properties including Embassy Suites and Hilton Garden Inn, and extended-stay options such as Home2 Suites by Hilton and Homewood Suites by Hilton. The company also operates timeshare brands through Hilton Grand Vacations.

The company employs approximately 182,000 individuals at leased and managed hotels and corporate offices, with an additional 328,000 individuals employed by third-party owners at franchised properties. Hilton Honors, the company's guest loyalty program, serves 243 million members globally, providing a significant competitive advantage through repeat business generation and customer engagement.

Hilton's business model emphasizes asset-light operations, with the majority of its development pipeline expected to operate within the management and franchise segment upon opening, requiring minimal capital investment from the company. The company generates recurring revenue streams through management fees, franchise royalties, licensing arrangements, and program fees while maintaining disciplined capital allocation practices. Founded in 1919, Hilton has established itself as an innovator in hospitality, leveraging its extensive brand portfolio, global scale, and loyalty program to maintain competitive positioning within the highly competitive hospitality industry.