Hilton Worldwide Hldgs Inc Stock Price, News & Analysis

Voyager Space has named Hilton as the official hotel partner for its upcoming Starlab commercial space station. This collaboration aims to enhance the guest experience in space by leveraging Hilton's hospitality expertise in designing crew suites. Voyager's Starlab, funded by a $160 million NASA contract, will serve as a free-flying station with capabilities to host four astronauts continuously. The partnership will also explore opportunities for future astronaut experiences and global co-marketing.

Hilton (NYSE: HLT) will maintain its headquarters in Fairfax County, Virginia, with plans for significant upgrades to its facility. The company aims to create a vibrant workspace that integrates technology to meet modern workforce needs and is set to generate 350 new headquarters jobs over five years. Virginia Governor Glenn Youngkin approved $6 million in grants to support Hilton's project, underscoring the company's commitment to the region.

Hilton has been headquartered in Fairfax since 2009 and continues to play a crucial role in the local economy.

DoubleTree by Hilton invites fans to participate in the inaugural DoubleTree Doodle Contest in celebration of National Chocolate Chip Cookie Day on August 4. Contestants can submit designs for the cookie sleeve used for over 30 years. The winning design will be featured in more than 350 hotels starting January 2023, with the winner receiving one million Hilton Honors Points, five free night stays, a $1,000 Delta Airlines gift card, and cookies for a year. Entries are accepted until August 18, with winners announced on September 2.

Hilton Worldwide Holdings Inc. (HLT) reported strong second-quarter results for 2022, with diluted EPS at $1.32 and adjusted EPS at $1.29, surpassing guidance. The company recorded a net income of $367 million and adjusted EBITDA of $679 million, both exceeding expectations. System-wide RevPAR increased 54.3% compared to 2021 but was down 2.1% compared to 2019. Hilton's development pipeline reached 413,000 rooms, with a plan for a capital return of $1.5 billion to $1.9 billion in 2022. Outlook for 2022 includes projected diluted EPS between $4.11 and $4.36.

Hilton has launched its first global brand platform with the advertising campaign “It Matters Where You Stay.” This initiative emphasizes the importance of the hotel stay experience, highlighted by humorous portrayals of common travel pitfalls. The campaign features Paris Hilton and actress Catherine O’Hara and will roll out across various media channels in the U.S., U.K., and Asia-Pacific regions. Hilton aims to differentiate itself by focusing not just on travel destinations but on enhancing the hotel stay itself, supporting its commitment to customer care and innovative hospitality services.

Hilton announced the opening of Conrad Los Angeles, the first property of Conrad Hotels & Resorts in California, located at The Grand LA. The hotel features 305 rooms, contemporary design by Frank Gehry, and unique dining options from acclaimed chef José Andrés. Positioned in downtown LA's cultural hub, the hotel adds to Hilton’s growing portfolio. The opening is celebrated with a promotional offer of 25% off room rates until August 31, 2022. This move signifies Hilton's commitment to expanding its luxury offerings in one of the U.S.'s fastest-growing markets.

Hilton Worldwide Holdings Inc. (NYSE: HLT) will release its second quarter 2022 financial results before the market opens on July 27, 2022, followed by a conference call at 10 a.m. EST. CEO Christopher J. Nassetta and CFO Kevin Jacobs will discuss the company's performance and take questions. Interested participants can join the call via the Hilton Investor Relations website or by phone. Hilton operates a portfolio of 18 brands with over 6,800 properties globally, aiming to enhance guest experiences through digital innovations.

Hilton has announced that nearly 85% of its U.S. properties are now pet-friendly, in response to rising demand from travelers. A recent survey indicated that 70% of Americans plan summer travel, with over two-thirds of pet owners highlighting mental health benefits as a reason to bring their pets along. Hilton has expanded its partnership with Mars Petcare to provide virtual support for pet health during stays at over 4,600 hotels in North America. This includes exclusive offers, such as waived enrollment fees for Banfield's Optimum Wellness Plans.