Hilton News

Hilton Calls Time on Plastic Straws

Hilton (NYSE: HLT) will remove plastic straws from its 650 managed properties by the end of 2018. Today, Hilton also reveals its new goal to double its social impact investments and cut its global environmental impact in half by 2030, with the help of science-based targets.

Hilton and Country Garden Announce Strategic Partnership

Hilton (NYSE: HLT) and Country Garden Hotels Group have today announced a strategic partnership which will see numerous Country Garden hotel properties managed by Hilton, primarily with its DoubleTree by Hilton and Hilton Garden Inn brands.

Hilton Commits to Cutting Environmental Footprint in Half and Doubling Social Impact Investment

Hilton today announced it will cut its environmental footprint in half and double its social impact investment by 2030.

Hilton Announces Pricing of Secondary Sales of Common Stock

Hilton Worldwide Holdings Inc. (“Hilton” or the “Company”) announced today that certain selling stockholders affiliated with The Blackstone Group L.P. have informed the Company that they have agreed to sell 15,800,000 shares of Hilton’s common stock in privately negotiated transactions pursuant to Hilton’s effective shelf registration statement.

Hilton Names Global Head of Diversity & Inclusion

Hilton (NYSE: HLT) has named Jon Muñoz as Vice President, Global Diversity & Inclusion. In his new role, Muñoz will oversee Hilton’s global diversity management practice, focusing on developing culture, talent and marketplace strategies that cultivate inclusion.

Hilton Names Seasoned Industry Leader Martin Rinck as Global Head of Luxury and Lifestyle Group

Hilton (NYSE: HLT) today named Martin Rinck as Global Head, Luxury & Lifestyle Group. In his new role, Rinck will be responsible for all strategic development, brand innovation and leadership initiatives for the world’s fastest growing luxury hotel portfolio, including Waldorf Astoria Hotels & Resorts and Conrad Hotels & Resorts. Rinck will also oversee the continued growth of Hilton’s newest lifestyle brand, Canopy by Hilton.

Hilton Recognized as one of Diversityinc’s 2018 Top 50 companies for diversity FOR FOURTH CONSECUTIVE YEAR

Hilton (NYSE: HLT) today announced that it was one of the top 10 companies featured in DiversityInc’s 2018 Top 50 Companies for Diversity list. The position marks a 20 spot rise from last year’s ranking and is the fourth consecutive year Hilton has been recognized for its commitment to diversity and inclusion.

Hilton Reports First Quarter Results; Raises Full Year Outlook

Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its first quarter 2018 results. All results herein, including prior year, reflect the adoption of new accounting standards, including Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASU 2014-09").

Hilton Announces Full Exercise of Option to Purchase Additional Shares in Secondary Offering

Hilton Worldwide Holdings Inc. (“Hilton” or the “Company”) announced today that the underwriters exercised in full their option to purchase an additional 6,000,000 shares of Hilton common stock at an exercise price of $73.00 per share in connection with the previously announced offering of 60,000,000 shares of Hilton common stock by a selling stockholder affiliated with HNA Tourism Group Co., Ltd. (“HNA”).

Hilton Announces Launch of Senior Notes Offering

Hilton Worldwide Holdings Inc. (NYSE: HLT) (“Hilton”) announced today that its indirect subsidiary Hilton Domestic Operating Company Inc. (the “Issuer”) intends to offer $500 million aggregate principal amount of the Issuer’s Senior Notes due 2026 (the “Notes”). The Issuer intends to use the proceeds from the offering, together with available cash and borrowings under Hilton’s revolving credit facility, to fund the repurchase of 10,000,000 shares of common stock of Hilton beneficially owned by HNA Tourism Group Co., Ltd. Any remaining proceeds will be used for general corporate purposes. In the event Hilton elects to purchase up to 6,500,000 additional shares, Hilton expects to fund such purchase with available cash, incremental borrowings under its revolving credit facility and/or an increase in the principal amount of the Notes.

Hilton Announces Pricing of Senior Notes Offering

Hilton Worldwide Holdings Inc. (NYSE: HLT) (“Hilton”) announced today that its indirect subsidiary Hilton Domestic Operating Company Inc. (the “Issuer”) finalized the terms of the Issuer’s offering of $1,500 million aggregate principal amount of 5.125% Senior Notes due 2026 (the “Notes”). The Issuer anticipates that consummation of the offering will occur on April 13, 2018, subject to customary closing conditions, and intends to use the proceeds from the offering, together with available cash and borrowings under Hilton’s revolving credit facility, to fund the repurchase of 16,500,000 shares of common stock of Hilton beneficially owned by HNA Tourism Group Co., Ltd. and to repay a portion of the outstanding indebtedness under Hilton’s senior secured term loan facility.

Hilton Prices Secondary Offering

Hilton Worldwide Holdings Inc. (“Hilton” or the “Company”) announced today the pricing of a secondary offering of 60,000,000 shares of Hilton common stock by a selling stockholder affiliated with HNA Tourism Group Co., Ltd. (“HNA”) at a price to the public of $73.00 per share. The offering is expected to close on April 13, 2018, subject to customary closing conditions. The underwriters will have a 30-day option to purchase up to an additional 6,000,000 shares of common stock from the selling stockholder.

Hilton Announces Secondary Offering of 63,050,000 Shares of Common Stock and Stock Repurchase

Hilton Worldwide Holdings Inc. (“Hilton” or the “Company”) announced today that a selling stockholder affiliated with HNA Tourism Group Co., Ltd. (“HNA”) has commenced a secondary offering of 63,050,000 shares of Hilton common stock. The underwriters will have a 30-day option to purchase up to an additional 9,450,000 shares of common stock from the selling stockholder.

Guests Can Live like Royalty with Hilton’s Royal-Wedding Inspired Packages

“Your room is ready, your Royal Highness.” Travelers who've wondered what it's like to live like a royal can soon find out at select Hilton hotels in the run-up to Prince Harry and Meghan Markle’s nuptials. As the couple’s wedding approaches in May, Hilton is giving guests around the world the royal treatment with several royal wedding-inspired packages and events – including exclusive offerings for Hilton's most loyal customers.

Hilton Announces First Quarter 2018 Earnings Release Date

Hilton Worldwide Holdings Inc. (NYSE: HLT) will report first quarter 2018 financial results prior to the stock market open on Thursday, April 26, 2018, 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 Appoints Noelle Eder as Chief Information and Digital Officer

Hilton (NYSE: HLT) today announced the appointment of Noelle Eder as executive vice president and chief information and digital officer. Effective March 19, Eder will oversee the continued digital transformation benefiting the guests and team members of the world’s most hospitable company.

Hilton Recognizes Team Members with 2017 CEO Light & Warmth Award

Hilton (NYSE: HLT) today awarded 12 Team Members with the company’s most prestigious recognition: the 2017 CEO Light & Warmth Award. The annual accolade celebrates Team Members from across levels and geographies who consistently over-deliver on the job and model the company’s values of Hospitality, Integrity, Leadership, Teamwork, Ownership and Now.

Hilton Named to Fortune 100 Best Companies to Work For® List for Third Consecutive Year

Hilton (NYSE: HLT) today received further recognition for its outstanding workplace, earning a ranking of 33 on the 2018 Fortune 100 Best Companies to Work For® list.

Hilton Exceeds Fourth Quarter and Full Year Expectations; Provides 2018 Outlook

Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its fourth quarter and full year 2017 results.

Hilton Announces New Leadership in Australasia

Hilton today announced that Heidi Kunkel has been appointed to the position of vice president, operations, Australasia with effect from April 4.

Hilton Achieves Landmark Performance in Asia Pacific

In 2017 Hilton (NYSE: HLT) achieved landmark growth and expansion in Asia Pacific, while introducing industry leading guest innovations and being recognized as as one of Asia’s best multinational workplaces. Having recently appointed Alan Watts as its new Executive Vice President & President, Asia Pacific and Qian Jin as the first Area President for Greater China & Mongolia, the company is looking ahead to an even bigger year in 2018.