Hilton Worldwide Hldgs Inc Stock Price, News & Analysis

Conrad Nashville is set to open in May 2022, unveiling three culinary concepts developed by acclaimed chefs Elizabeth Blau and Chef Kim Canteenwalla. These include Blue Aster, a seafood-centric restaurant, The Lounge at Blue Aster, offering upscale cocktails and afternoon tea, and Thistle & Rye, featuring globally-inspired small plates. The designs by Champalimaud incorporate modern luxury with natural elements. Highlighting Southern hospitality, the restaurants focus on local ingredients and unique culinary inspirations from the region.

Hilton Worldwide Holdings Inc. (NYSE: HLT) reported substantial growth in Q4 and full year 2021 results, reflecting recovery from the pandemic. For Q4, diluted EPS reached $0.52, with net income of $148 million. Adjusted EBITDA was $512 million. System-wide comparable RevPAR improved by 104.2% in Q4 from 2020, though down 13.5% compared to Q4 2019. Hilton opened 94 new hotels in Q4, boosting its development pipeline to 408,000 rooms. The company had $8.9 billion in long-term debt but maintained strong liquidity with $1.5 billion in cash. A conference call is scheduled for February 16, 2022.

Hilton is enhancing its appeal for travelers with complimentary hot breakfast across its brands, addressing a major pain point for guests. A recent survey found 73% of Americans view unexpected food costs as a significant issue, with 40% choosing hotels to avoid cooking breakfast. Available at over 4,245 locations, the breakfast options aim to save families both time and money during their travels. With 60% of Americans planning trips for spring and summer, Hilton's focus on breakfast could positively impact customer satisfaction and hotel bookings.

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Hilton Worldwide Holdings Inc. (NYSE: HLT) will release its fourth quarter and full year 2021 financial results on February 16, 2022, before the market opens. A conference call will follow at 10 a.m. EST. CEO Christopher J. Nassetta and CFO Kevin Jacobs will discuss the results and take questions from investors. Interested parties can listen via the Hilton Investor Relations website or by phone using the provided dial-in numbers. A replay will be available post-event.

Hilton has launched a pioneering educational benefit, partnering with Guild Education to offer team members debt-free access to a diverse range of educational credentials. Starting this spring, employees at Hilton's U.S. locations can pursue high school completion, certifications in high-demand fields, and college degrees. This initiative aims to enhance employee growth and retention in a competitive labor market. Hilton continues to rank highly for workplace culture, having received numerous accolades for its inclusive environment and robust employee benefits.

UNITE HERE has alerted guests of Hilton Worldwide Holdings Inc. (NYSE:HLT) that most hotels have stopped automatic daily cleaning services amidst COVID-19 Omicron concerns. While guests can request daily housekeeping at no extra charge, many are unaware of this change. Housekeepers claim this policy increases their workload and leads to unclean conditions. UNITE HERE warns that fewer cleaning services could eliminate up to 39% of U.S. housekeeping jobs and cost workers $4.8 billion in lost wages annually. A petition with 20,000 signatures was delivered to Hilton to restore daily housekeeping.

Hilton has opened the new Hilton Hotel Tahiti in Papeete, featuring 200 rooms and a variety of premium amenities. The resort, which is the third Hilton property in French Polynesia, is located just two miles from the airport and offers easy access to local attractions. It emphasizes sustainable luxury with three on-site restaurants and the largest pool in Tahiti. Guests can enjoy tailored experiences through the Hilton Honors program, enhancing their stay with exclusive benefits.