Hilton Worldwide Hldgs Inc Stock Price, News & Analysis

Hilton (NYSE: HLT) announced a groundbreaking partnership with Bluestone Lane, an Australian-inspired coffee brand, to enhance food and beverage offerings at Tempo by Hilton hotels. This collaboration aims to create unique on-property experiences featuring Bluestone Lane's award-winning beverages and menu items focused on healthy, natural ingredients. The partnership reflects Hilton's commitment to evolving guest preferences. Tempo by Hilton is positioned as a lifestyle brand, with over a dozen properties under development, catering to modern travelers seeking balance between health and indulgence.

Hilton Worldwide Holdings Inc. (NYSE: HLT) will announce its third quarter 2021 financial results on October 27, 2021, before the market opens. A conference call will follow at 10:00 a.m. ET, featuring insights from CEO Christopher J. Nassetta and CFO Kevin Jacobs. Investors can access the live webcast via the Hilton Investor Relations website and a replay will be available within 24 hours. Hilton continues to maintain a strong presence in the hospitality sector with over 6,600 properties worldwide.

On September 16, 2021, the Council on American-Islamic Relations (CAIR) and over 40 partner organizations will hold a news conference outside The Capital Hilton in Washington, D.C., to announce a worldwide boycott of Hilton Worldwide (HLT). This boycott stems from Hilton's refusal to cancel plans for a Hampton Hotel on the site of a demolished mosque in the Uyghur region of China. CAIR also plans to launch a new web portal to combat global Islamophobia, following a letter sent to Hilton demanding the cancellation by September 8.

Hilton's Extended Stay brands, Homewood Suites and Home2 Suites, have partnered with Mars Petcare to enhance pet-friendly travel experiences. By January 1, 2022, both brands will become entirely pet-friendly, introducing consistent pet fees starting at $50. Insights from Mars' BETTER CITIES FOR PETS program will guide the development of pet-focused services. With 1 in 5 U.S. households welcoming a new pet during the pandemic, the initiative aims to meet the growing demand for pet-friendly accommodations, offering over 1,000 hotels across North America.

On September 8, CAIR and Uyghur Muslim representatives will deliver a demand letter to Hilton Worldwide Headquarters in McLean, VA, urging the company to end a licensing agreement for a hotel built on a bulldozed mosque site in China. Despite months of communication, Hilton has not canceled the project. An international coalition is advocating a boycott of Hilton if the demand is not met within a week. CAIR Executive Director Nihad Awad stated that supporting such actions is not only morally wrong but also detrimental to business.

Hilton Worldwide Holdings Inc. (NYSE: HLT) reported strong second quarter 2021 results, reflecting recovery from COVID-19. Key highlights include a diluted EPS of $0.46, net income of $128 million, and adjusted EBITDA of $400 million. System-wide comparable RevPAR surged 233.8% year-over-year. The company opened 119 new hotels, adding 19,800 rooms, raising its development pipeline to 401,000 rooms globally. Hilton fully repaid $1,190 million of its revolving credit facility, enhancing liquidity with $1.1 billion in cash equivalents. Full-year net unit growth is projected at 5.0-5.5%.

Hilton Worldwide Holdings Inc. (NYSE: HLT) will announce its second quarter 2021 financial results on July 29, 2021, before market open, followed by a conference call at 10:00 a.m. Eastern Time. CEO Christopher J. Nassetta and CFO Kevin Jacobs will discuss the company's performance and take questions. Interested stakeholders can access the live webcast via Hilton's Investor Relations website. Additionally, a replay and transcript will be available within 24 hours after the call. For audio participation, dial-in details are provided for both U.S. and international callers.

Resorts World Las Vegas opened its doors on June 24, 2021, marking the first new resort on the Las Vegas Strip in over a decade. The launch event featured a ribbon-cutting ceremony led by Genting CEO K.T. Lim and President Scott Sibella, alongside notable guests including the Governor of Nevada. The resort, developed by Genting, combines three Hilton brands with a total of 3,500 luxury rooms and innovative amenities, emphasizing technology and entertainment. It is set to raise the hospitality standards in Las Vegas through unique dining, nightlife, and casino experiences.

Sands Fenwick has received the 2020 Hilton Legacy Award for New Build of the Year for its property, Fenwick Shores, Tapestry Collection by Hilton, the first upscale hotel in Fenwick Island. This annual award acknowledges excellence in hotel development and brand standards. The award highlights the collaboration with Real Hospitality Group in managing the hotel and recognizes both the design and commitment to guest experience. Fenwick Shores offers 65 guest rooms and unique local design features, enhancing the hospitality experience in the area.