Original Source: Business Upside
About the Company
Hilton Worldwide Holdings Inc. is an MNC that is based in the United States. It franchises and manages a vast portfolio of resorts and hotels. It has it headquarter in Tyson Corner, Virginia. The company was incorporated as Hilton Hotels Corporation from 1919 till 2009. Today, it has over 6200 properties in 118 countries. This company was founded by Conrad Hilton in the year 1919 in Cisco and had its headquarters in Beverly Hills but in 2009, that the headquarters moved to Tyson corner. The major stockholder of the firm till the mid of 2018 was HNA Group(25%), Blackstone(15.2%), and Wellington Management Group(6.7%). Hilton is a stand-alone firm now.
As of 2019, it had around 1,73,000 employees across its 6478 locations. The company is traded as NYSE: HLT (S&P 500 component).
The values of Hilton Worldwide Holdings Inc. are hidden in its name itself.
H- Hospitality: They are passionate about delivering their guest an exceptional experience.
I- Integrity: They do the things that are right always.
L- Leadership: They are the leaders in their community as well as their industry.
T- Teamwork: They work with unity and as team players always.
O- Ownership: They are the owners of their decisions and actions.
N- Now: They operate with a sense of discipline and urgency.
It has a loyalty program Hilton Honors which was previously known as Hilton Honors and is one of the largest of its kind. Through this guest loyalty program, guests who visit the properties by the firm frequently can accumulate air miles and points. There are around 71 million members. It has 4 elite status levels including Diamond, Gold, Silver, and Member.
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