Welcome to our dedicated page for Hilton Worldwide Hldgs news (Ticker: HLT), a resource for investors and traders seeking the latest updates and insights on Hilton Worldwide Hldgs stock.
Hilton Worldwide Holdings Inc. reports news on a global hospitality business built around hotel brands, managed and franchised properties, owner development activity, and the Hilton Honors loyalty platform. Recurring updates cover operating results, RevPAR trends, net unit growth, room openings, development pipeline activity, and expansion across brand categories from premium economy through luxury and lifestyle hotels.
Company news also includes brand and distribution partnerships, digital guest-experience tools such as travel planning and room technology, capital actions involving senior notes and credit facilities, share repurchases, and shareholder voting or governance matters. These developments reflect Hilton’s capital-light hotel operating model, brand portfolio management, and financing activity through operating subsidiaries.
Hilton and Universal Pictures have partnered to create a 'Stay Like' Wicked suite at New York Hilton Midtown, inspired by the upcoming film 'Wicked'. The suite, available from Nov. 21, 2024, to Jan. 5, 2025, offers an immersive experience based on the movie's characters, Elphaba and Glinda.
The 625 sq. ft. suite features Emerald City-inspired decor, a custom entrance, and a bedroom split into Elphaba's enchanted forest side and Glinda's pink wonderland. Guests can enjoy special amenities like a hidden beverage bar, themed cocktails, and a magical breakfast delivery.
The package includes access to the hotel's Executive Lounge, Wicked-themed merchandise, and Fandango Movie Tickets to see the film. This collaboration aligns with Hilton's 2025 Trends Report, which predicts a rise in popularity for themed guest rooms and suites inspired by pop culture and nostalgia.
Taiba Investments and Hilton (NYSE: HLT) have partnered to introduce the first Waldorf Astoria hotel in Madinah, Saudi Arabia. Set to open in 2028, the hotel will be located near the Prophet's Mosque, offering exclusive views and easy access to the holy site. The project involves renovating the existing Taiba Front Hotel, which will be rebranded as Waldorf Astoria Al Madinah.
The hotel will feature over 300 guest rooms and suites, three dining concepts including Peacock Alley café, two multi-functional halls, a boardroom, private club lounge, prayer room, and fitness center. This partnership aligns with Saudi Vision 2030 and aims to elevate tourism and hospitality in the region by providing world-class accommodations that honor the Kingdom's heritage.
Hilton's 2025 Trends Report predicts the 'Year of the Travel Maximizer', revealing travelers' desire to combine relaxation with high-impact adventures. Key findings from the global research, involving 13,000 travelers across 13 countries, include:
1. Adventure-seeking 'Go Getaways' alongside restorative sleep retreats
2. 'Time Travel' (revisiting childhood destinations) and 'Slow Travel' gaining popularity
3. Balancing 'High-Tech Travel' with 'Digital Detox'
4. Rise of 'Frolleagues' (friends who are colleagues) and pet-friendly travel
5. Increasing influence of Gen Alpha on travel decisions
6. Growing trends in culinary exploration and 'Tempo Drinking' (mindful alcohol consumption)
7. Focus on 'Soft Travel' for self-discovery and mental health
Hilton is adapting to these trends by expanding its luxury portfolio and partnering with companies like Small Luxury Hotels of the World and AutoCamp.
Hilton Worldwide Holdings Inc. (NYSE: HLT) has announced its schedule for reporting third quarter 2024 financial results. The company will release its earnings report before the stock market opens on Wednesday, Oct. 23, 2024, followed by a conference call at 9 a.m. EDT. Christopher J. Nassetta, president & CEO, and Kevin Jacobs, CFO & president of global development, will lead the call, discussing Hilton's performance and answering questions.
Investors and interested parties can access the live webcast through Hilton's Investor Relations website. A replay and transcript will be available within 24 hours after the event. Alternatively, participants can join the call by dialing specific numbers for U.S. and international callers. A telephone replay will be accessible for seven days following the call.
Hilton San Francisco Union Square has reopened its iconic sky bar, Cityscape, on September 15, 2024. Located on the 46th floor, it offers 360-degree views of San Francisco and features newly discovered mid-century modern artwork from the hotel's 1964 opening. The bar's redesign, led by Nick Graham-Wells and Edward Perotti, blends history with contemporary elegance, showcasing restored artwork panels believed to be from the historic Fox Theater.
The redesign introduces the 'Celestial Sisters' theme, with artwork and cocktails inspired by five goddesses of the night sky: Selena, Astraea, Eos, Aurora, and Nyx. Cityscape offers a new 'Cocktails of the Cosmos' menu, each drink crafted to reflect these celestial themes. To celebrate the reopening, Hilton is offering a Cityscape Weekend Escape package, which includes a skyline view room and a $50 credit for Cityscape.
Hilton Worldwide Holdings Inc. (NYSE: HLT) has announced that its indirect subsidiary, Hilton Domestic Operating Company Inc., has finalized the terms of a $1.0 billion senior notes offering. The notes, due in 2033, will carry a 5.875% interest rate. The offering is expected to close on September 9, 2024, subject to customary conditions. Hilton intends to use the net proceeds for general corporate purposes. The notes are being offered only to qualified institutional buyers and certain non-U.S. persons in offshore transactions, in compliance with Securities Act regulations. This offering is not registered under the Securities Act and is not available to the general public.
Hilton Worldwide Holdings Inc. (NYSE: HLT) has announced that its indirect subsidiary, Hilton Domestic Operating Company Inc., plans to offer $1.0 billion aggregate principal amount of Senior Notes due 2033. The proceeds from this offering will be used for general corporate purposes. It's important to note that these Notes will not be registered under the Securities Act of 1933 and can only be offered to qualified institutional buyers and certain non-U.S. persons in offshore transactions. This offering is being conducted under Rule 144A and Regulation S of the Securities Act.
Hilton Worldwide Holdings Inc. (NYSE: HLT) reported strong Q2 2024 results with diluted EPS of $1.67 and adjusted diluted EPS of $1.91. Net income reached $422 million, while Adjusted EBITDA was $917 million. System-wide comparable RevPAR increased 3.5% year-over-year. The company added 22,400 rooms, resulting in 18,000 net additional rooms and 6.2% net unit growth. Hilton's development pipeline hit a record 508,300 rooms, up 15% from June 2023. The company completed the acquisition of Graduate Hotels and announced a partnership with Small Luxury Hotels of the World. For full-year 2024, Hilton projects RevPAR growth of 2-3%, net income between $1,532-$1,555 million, and Adjusted EBITDA of $3,375-$3,405 million. Net unit growth is expected to be 7-7.5% for the year.
DoubleTree by Hilton is celebrating National Chocolate Chip Cookie Day on August 4 by offering free cookies at all U.S. locations. Visitors can choose between the original warm chocolate chip cookie or an allergy-friendly version. The DoubleTree Cookie, introduced in 1986, has become a beloved part of the guest experience, with over 20 million cookies enjoyed annually worldwide.
In 2019, the DoubleTree cookie made history as the first food baked in space aboard the International Space Station. This space-baked cookie is now on display at the Smithsonian National Air and Space Museum. For those unable to visit a DoubleTree hotel, the official cookie recipe is available for at-home baking.
Faro Blanco Resort & Yacht Club has joined the Curio Collection by Hilton portfolio, unveiling a $14 million transformation. Located in Marathon, Florida Keys, the resort offers 125 newly renovated guest rooms with bayside views. Amenities include four outdoor pools, beach access, and guided snorkeling and fishing charters. A new full-service spa is planned for late 2024, complementing the state-of-the-art fitness center. The resort boasts over 40,000 square feet of reimagined meeting space. Dining options include El Farito for casual fare, Lighthouse Kitchen + Bar for refined coastal dining, and Blue Waters Bar & Grill for poolside meals. The historic Parrish House will be renovated into a private two-bedroom bungalow.