Hilton News

Hilton Announces $1 Billion Stock Repurchase Program, Quarterly Dividend and Corporate Name Change

The Board of Directors of Hilton Worldwide Holdings Inc. (NYSE: HLT) has authorized a stock repurchase program of up to $1 billion of the Company’s common stock. The Board also declared a quarterly dividend of $0.15 per share of Hilton’s common stock, payable on March 31, 2017 to stockholders of record as of March 10, 2017.

Hilton Recognizes Team Members with 2016 CEO Light & Warmth Award

Hilton (NYSE: HLT) today announced the 12 winners of its 2016 CEO Light & Warmth Award. This recognition is the most prestigious accolade the company awards to exceptional Team Members and franchisee employees who embody the company’s vision and mission, as well as its values of Hospitality, Integrity, Leadership, Teamwork, Ownership and Now.

Hilton Reports Fourth Quarter and Full Year Results; Achieves Record Pipeline and Net Unit Growth for the Year

Hilton Worldwide Holdings Inc. ("Hilton," or the "Company") (NYSE: HLT) today reported its fourth quarter and full year 2016 results. The Company completed the spin-off of Park Hotels & Resorts Inc. ("Park") and Hilton Grand Vacations Inc. ("HGV") (the "spin-offs") in January 2017.

Hilton Recognized in the 2017 U.S. News & World Report Best Hotel Rankings

Hilton (NYSE: HLT) has again been recognized by national publisher U.S. News & World Report, in its annual Best Hotel Rankings. Thirty-three hotels within the Hilton portfolio of 14 world-class brands have been honored, with Waldorf Astoria Chicago, Waldorf Astoria Orlando and Boulders Resort & Spa all receiving a prestigious Gold Badge.

Hilton Honors Unveils More of What Matters Most: Industry-First Benefits Including Amazon Shop with Points

Hilton (NYSE: HLT), the world’s fastest-growing hospitality company, today announced industry-first benefits for all 60 million members of its award-winning guest loyalty program, Hilton Honors, including Shop with Points at Amazon.com.

Hilton Launches Its 14th Brand: Tapestry Collection by Hilton

Hilton (NYSE: HLT) today announced the launch of a vibrant new brand that offers guests a refreshing choice for an independent hotel stay: Tapestry Collection by Hilton. Tapestry Collection by Hilton marks the 14th brand and second collection brand for Hilton, the world’s fastest-growing hospitality company on an organic net unit growth percentage basis.

Hilton Delivers Another Record-Setting Year, Set Up for Continued Outperformance

2016 was an extraordinarily impactful year for Hilton (NYSE: HLT), which achieved record pipeline and net unit growth, accomplished its most successful brand launch with Tru by Hilton and maintained its position as the fastest-growing hospitality company. It also completed the spin-offs of Park Hotels & Resorts and Hilton Grand Vacations, creating three pure-play businesses that will lead their respective segments with tremendous growth potential.

Hilton Announces Fourth Quarter and Full Year 2016 Earnings Release Date

Hilton Worldwide Holdings Inc. (NYSE: HLT) will report fourth quarter and full year 2016 financial results prior to the stock market open on Wednesday, February 15, 2017, followed by a conference call at 10:00 a.m. Eastern Time. Christopher J. Nassetta, Hilton's president and chief executive officer, and Kevin Jacobs, Hilton's executive vice president and chief financial officer, will discuss the company's performance and lead a question-and-answer session.

Hilton and Wattbike Partner To Offer Guests Unparalleled Indoor Cycling Experience

Hilton Worldwide (NYSE: HLT) today announced a partnership with cycling innovator Wattbike that will see the performance indoor bike rolled out to luxury hotels across the Americas. From mid-January, guests using the fitness center at Waldorf Astoria Hotels & Resorts and Conrad Hotels & Resorts in the Americas will have the option to meet their fitness goals using the world’s leading indoor training tool.

Hilton Completes Spin-off of Park Hotels & Resorts and Hilton Grand Vacations

Hilton Worldwide Holdings Inc. (NYSE: HLT) (“Hilton”) today announced the completion of the spin-offs of Park Hotels & Resorts Inc. (“Park”) and Hilton Grand Vacations Inc. (“HGV”), resulting in three independent, publicly traded companies.

Hilton Celebrates Its Annual Global Month of Service

Hilton (NYSE: HLT) today announced that through its Global Month of Service program, Team Members from 93 countries had contributed more than 291,000 volunteer hours to 4,166 community projects around the world.

Hilton To Detail A Simplified Fee-Based Business With Expanded Capital Return Potential At Investor Day

Hilton Worldwide Holdings (NYSE: HLT) (“Hilton”) will host an Investor Day in New York today to discuss the company’s strategy and financial outlook in conjunction with the planned spin-offs of Park Hotels & Resorts and Hilton Grand Vacations.

Hilton Board of Directors Approves Spin-off of Park Hotels & Resorts and Hilton Grand Vacations

Hilton Worldwide Holdings (NYSE: HLT) (“Hilton”) today announced that its Board of Directors has approved the distribution to its shareholders of all of the outstanding shares of Park Hotels & Resorts Inc. (“Park”), which will become the holder of a portfolio of hotels and resorts previously held by Hilton, and Hilton Grand Vacations Inc. (“HGV”), Hilton’s timeshare business.

Hilton Named a Best Place to Work for LGBT Equality

Hilton (NYSE: HLT) announced today that it received a perfect score on the 2017 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rights Campaign Foundation (HRC).

Hilton Appoints New Head of Corporate Affairs

Hilton (NYSE:HLT) has named Katie Beirne Fallon as senior vice president and global head of corporate affairs. She previously served as a senior advisor at the White House and a top aide in the U.S. Senate. Hilton’s corporate affairs department includes communications, government relations and corporate responsibility functions globally for the company. Fallon will report to Christopher J. Nassetta, president and CEO of Hilton, and serve as a member of the executive committee.

Matthew Sparks Appointed as Chief Investment Officer of Park Hotels & Resorts

Hilton Worldwide Holdings, Inc. (NYSE: HLT) (“Hilton”) announced today that Matthew Sparks has been appointed executive vice president and chief investment officer of Park Hotels & Resorts (“Park”), the planned real estate investment trust that will be separated from Hilton around year-end.

Hilton Introduces Future Board of Directors for Hilton Grand Vacations

As Hilton (NYSE: HLT) prepares to separate into three independent companies at or around year end, the Company today introduced the prospective members of the Board of Directors of Hilton Grand Vacations ("HGV"). The Board will include directors chosen after a comprehensive review of professional and personal qualifications as they relate to the needs of HGV.

Hilton Grand Vacations Announces Launch of Senior Notes Offering

Hilton Grand Vacations Borrower LLC (the “Issuer”) and Hilton Grand Vacations Borrower Inc. (together with the Issuer, the “Issuers”) announced today the planned offering, subject to market and other conditions, of $300,000,000 aggregate principal amount of the Issuers’ Senior Notes due 2024 (the “Notes”).

Hilton Introduces Board of Directors for Park Hotels & Resorts

As Hilton Worldwide Holdings Inc. (NYSE: HLT) (“Hilton”) prepares to spin off the bulk of its real estate and timeshare businesses into two separate publicly traded companies, the company is proud to introduce the expected members of the Board of Directors of Park Hotels & Resorts Inc. ("Park"). After a comprehensive review of personal and professional qualifications, directors were chosen based upon the specific needs of Park.

Hilton Introduces Expanded Leadership Team for Park Hotels & Resorts

Hilton Worldwide Holdings Inc (NYSE: HLT) (“Hilton”) today announced the appointment of additional members of the executive leadership team of Park Hotels & Resorts Inc. ("Park"), ahead of the planned separation of the real estate investment trust (REIT) around year end. Hilton previously announced the appointment of Thomas J. Baltimore, Jr. as chief executive officer, and Sean M. Dell’Orto as chief financial officer, of Park.

Hilton Worldwide Announces Secondary Offering of 55,000,000 Shares of Common Stock

Hilton Worldwide Holdings Inc. (“Hilton Worldwide” or the “Company”) announced today that certain selling stockholders affiliated with The Blackstone Group L.P. have commenced a secondary offering of 55,000,000 shares of Hilton Worldwide common stock.