May 22, 2013 8:28 PM ET

Hotels, Restaurants and Leisure

Company Overview of Hilton Worldwide, Inc.

Company Overview

Hilton Worldwide, Inc. is a hospitality company that provides accommodation and lodging services, and amenities to business and leisure travelers. The company’s brands include 3,900 hotels and timeshare properties with 640,000 rooms in 90 countries, which include Waldorf Astoria Hotels and Resorts, Conrad Hotels and Resorts, Hilton Hotels and Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton, and Hilton Grand Vacations. It also manages Hilton HHonors, the world-class guest reward program. Hilton Worldwide, Inc. was founded in 1919 and is based in McLean, Virginia. It has hotels in Argentina; South Caroli...

Detailed Description

7930 Jones Branch Drive

McLean, VA 22102

United States

Founded in 1919

105,000 Employees

Phone:

703-883-1000

Fax:

703-442-3110

www.hiltonworldwide.com

Key Executives for Hilton Worldwide, Inc.

Chief Executive Officer and President
Age: 50
Chief Financial Officer and Executive Vice President
President of Global Operations and Development
Age: 50
President of Hilton Grand Vacations Company
Executive Vice President and General Counsel
Age: 50
Compensation as of Fiscal Year 2012.

Hilton Worldwide, Inc. Key Developments

Hilton Worldwide, Inc. Announces Opening of 1,900(th) Property in New York

Hilton Worldwide, Inc. announced the opening of Hampton Hotels' 1,900(th) property, the Hampton Inn Manhattan/United Nations on May 8. In addition to the new-build Hampton Inn Manhattan/United Nations -- the eighth Hampton property in Manhattan - three other Hampton properties are currently under construction in the New York City area. Those include the 81-room Hampton Inn Manhattan/Downtown-Financial District, the 300-room Hampton Inn Manhattan/Times Square Central and the 254-room Hampton Inn Brooklyn/Downtown, all of which are expected to open by the end of 2014.

Hilton Worldwide, Inc. to Open 950 Hotels Globally

Hilton Worldwide announced that it is to open 950 new hotels globally, including 59 in the Middle East and Africa region within the next decade, topping up 3,999 hotels worldwide. The company plans to open 20 new hotels in Saudi Arabia to meet the growing demand for new capacity in the religious tourism market. The company scheduled to open the first Conrad in the UAE in August 2013, followed by the Woldorf Ras Al Khaimah and the new Hilton Property on the Palm Jumeirah. Hilton Worldwide is also adding Bahrain to its portfolio of operating countries following the signing of a management agreement with Tashyeed Properties Company to open the new DoubleTree Suites by Hilton Bahrain - Juffair in late 2015. The new 350-room hotel is a five-star property and will be located in Bahrain's capital Manama in the upscale residential area of Juffair.

Hilton Worldwide, Inc. to Introduce its Fast Growing Full-Service Brand, Doubletree

Hilton Worldwide, Inc. announced that it will introduce its fast growing full-service brand, DoubleTree by Hilton, to Australia when it rebrands four Northern Territory hotels on May 1, 2013. The country's first three DoubleTree by Hilton hotels: DoubleTree by Hilton Darwin, DoubleTree by Hilton Esplanade Darwin, DoubleTree by Hilton Alice Springs will open alongside Hilton Darwin in the Territory. The Northern Territory hotels are each located on the doorstep of some of the most incredible tourism experiences Australia has to offer, as well as being in prime locations for business travelers in the mining and resources sectors. As participants in the Hilton HHonors guest loyalty program, all four hotels will offer guests the ability to earn and redeem Hilton HHonors points. Gold and Diamond HHonors members will also receive complimentary breakfast. The 235-room Hilton Darwin, overlooking Darwin Harbour is just a few minutes' walk from downtown in the vibrant Darwin Harbour area, and steps from fantastic shopping, dining and entertainment.

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