# Hilton Worldwide Holdings Inc.

Summary updated: 2026-03-19T03:36:20.895486Z
Canonical: https://finbar.com/research/companies/hilton-worldwide-holdings

## Overview

Hilton Worldwide Holdings Inc. is a global hospitality and lodging company whose core business is managing and franchising hotels and resorts; this business earns fees from hotel owners and licensing arrangements, while Hilton’s ownership segment generates revenue from room sales, food and beverage, and other hotel services. Founded in 1919, the company says it is guided by founder Conrad Hilton’s vision "to fill the earth with the light and warmth of hospitality." [1](https://app.finbar.com/go?id=P-e33d58f8d29748bc8eaf11840c68cd8a)[2](https://app.finbar.com/go?id=P-6413ec2714874389a57a2380cc358ae0)[3](https://app.finbar.com/go?id=P-efb6440e9e97450cb14b4f1180456468)[4](https://app.finbar.com/go?id=P-12ae694c963c42228cd5cf2677447733)

Hilton has a broad international footprint: as of December 31, 2024, it reported 8,447 properties with 1,268,206 rooms across 140 countries and territories, and described itself as one of the largest global hospitality companies. Hilton reported $11.174 billion in revenue for 2024, and it says it has more than 500,000 team members worldwide. [4](https://app.finbar.com/go?id=P-12ae694c963c42228cd5cf2677447733)[5](https://app.finbar.com/go?id=P-79544a4df62b4f7491d4e0ab15ac0f48)[6](https://travelwithpurpose.hilton.com/our-people/)
[1](https://app.finbar.com/go?id=P-e33d58f8d29748bc8eaf11840c68cd8a)[2](https://app.finbar.com/go?id=P-6413ec2714874389a57a2380cc358ae0)[3](https://app.finbar.com/go?id=P-efb6440e9e97450cb14b4f1180456468)[4](https://app.finbar.com/go?id=P-12ae694c963c42228cd5cf2677447733)[5](https://app.finbar.com/go?id=P-79544a4df62b4f7491d4e0ab15ac0f48)[6](https://travelwithpurpose.hilton.com/our-people/)

## Products & services

Hilton’s lodging products are organized as branded stay formats with distinct amenity sets. In luxury lodging, Waldorf Astoria offers landmark hotels with signature dining and Peacock Alley lounges, Conrad emphasizes bold design, art and locally connected service, LXR is a collection of independent luxury properties centered on personalized service, and Signia is built around high-end meetings and event space. In full-service and focused-service formats, DoubleTree highlights upscale food and beverage and flexible event space, Embassy Suites offers two-room suites plus complimentary breakfast and evening receptions, Hilton Garden Inn includes cooked-to-order breakfast, cocktails, full meals, meeting space, Wi‑Fi, printing and fitness facilities, Hampton provides complimentary hot breakfast and Wi‑Fi, Tru features simplified rooms and a “Top It” breakfast bar, and Spark offers complimentary breakfast with a signature bagel bar.[7](https://app.finbar.com/go?id=P-84af24589c5b406ea95dfb99b6c1bcbb)[8](https://app.finbar.com/go?id=P-9d72307e4e684b72bf0d60bbcf4fd1f0)[9](https://app.finbar.com/go?id=P-2668842b8711427b852544b629c930e9)[10](https://app.finbar.com/go?id=P-663e9ae581394a719d8ac4b99754bb99)[11](https://app.finbar.com/go?id=P-94f493f4612240b199e4ce473a7049ea)[12](https://app.finbar.com/go?id=P-11344032ae33410f9ad3494bfb443dc1)[13](https://app.finbar.com/go?id=P-48285c65bf7a4ebe899cbddd93c19617)[14](https://app.finbar.com/go?id=P-f90470a0e72145bf89b378ecaa2b76b7)[15](https://app.finbar.com/go?id=P-aeaa2d0fa08b4256adf99d69b6683b4d)[16](https://app.finbar.com/go?id=P-11f5c077df6e4bca8dd101b28c091730)

Hilton’s extended-stay and vacation products include Homewood Suites, which offers all-suite accommodations with kitchens, breakfast and evening receptions; Home2 Suites, which adds environmentally focused operations, laundry, fitness, outdoor spaces and breakfast; LivSmart Studios, an apartment-style long-stay format with kitchens, a retail market, laundry, fitness and outdoor gathering areas; and Hilton Grand Vacations’ timeshare brands Hilton Club, Hilton Grand Vacations Club and Hilton Vacation Club.[17](https://app.finbar.com/go?id=P-44c892f0d2094cd0891ce502564ff996)[18](https://app.finbar.com/go?id=P-b747127b5adf438a8105841370020327)[19](https://app.finbar.com/go?id=P-db062469d7ff484681c63f0d7eb2d854)[20](https://app.finbar.com/go?id=P-88ec0ba3b74840e5adab70b14e94ab9b) Hilton also sells guest-facing digital and loyalty services through Hilton Honors, which had 211 million members at year-end 2024 and includes discounted booking rates, free standard Wi‑Fi, contactless app features and Digital Key.[21](https://app.finbar.com/go?id=P-e2e6f230b50c46f08288b649350fa205)[4](https://app.finbar.com/go?id=P-12ae694c963c42228cd5cf2677447733) For hotel owners, Hilton’s service offering includes management, franchising and licensing, access to booking channels and the company’s global reservation system, and support through marketing, sales and brand programs and shared services.[22](https://app.finbar.com/go?id=P-1cdd0914dea34b0cb31a5797bc905cb3)[23](https://app.finbar.com/go?id=P-23481fa536a24c609e52d7e934271a05)[24](https://app.finbar.com/go?id=P-430a84f3ced040e4bf2bcd779b817412) In 2024, franchise and licensing fees were $2.622 billion, base and other management fees were $427 million, and incentive management fees were $290 million, representing about 23.5%, 3.8% and 2.6% of total revenue, respectively.[25](https://app.finbar.com/go?id=T-fad3d8dde8924bea8fb149193d400969)
[7](https://app.finbar.com/go?id=P-84af24589c5b406ea95dfb99b6c1bcbb)[8](https://app.finbar.com/go?id=P-9d72307e4e684b72bf0d60bbcf4fd1f0)[9](https://app.finbar.com/go?id=P-2668842b8711427b852544b629c930e9)[10](https://app.finbar.com/go?id=P-663e9ae581394a719d8ac4b99754bb99)[11](https://app.finbar.com/go?id=P-94f493f4612240b199e4ce473a7049ea)[12](https://app.finbar.com/go?id=P-11344032ae33410f9ad3494bfb443dc1)[13](https://app.finbar.com/go?id=P-48285c65bf7a4ebe899cbddd93c19617)[14](https://app.finbar.com/go?id=P-f90470a0e72145bf89b378ecaa2b76b7)[15](https://app.finbar.com/go?id=P-aeaa2d0fa08b4256adf99d69b6683b4d)[16](https://app.finbar.com/go?id=P-11f5c077df6e4bca8dd101b28c091730)[17](https://app.finbar.com/go?id=P-44c892f0d2094cd0891ce502564ff996)[18](https://app.finbar.com/go?id=P-b747127b5adf438a8105841370020327)[19](https://app.finbar.com/go?id=P-db062469d7ff484681c63f0d7eb2d854)[20](https://app.finbar.com/go?id=P-88ec0ba3b74840e5adab70b14e94ab9b)[21](https://app.finbar.com/go?id=P-e2e6f230b50c46f08288b649350fa205)[4](https://app.finbar.com/go?id=P-12ae694c963c42228cd5cf2677447733)[22](https://app.finbar.com/go?id=P-1cdd0914dea34b0cb31a5797bc905cb3)[23](https://app.finbar.com/go?id=P-23481fa536a24c609e52d7e934271a05)[24](https://app.finbar.com/go?id=P-430a84f3ced040e4bf2bcd779b817412)[25](https://app.finbar.com/go?id=T-fad3d8dde8924bea8fb149193d400969)

## Geographic presence

Hilton’s hotel system is global but heavily concentrated in the United States. As of December 31, 2024, the company had 8,447 properties and 1,268,206 rooms across 140 countries and territories.[26](https://app.finbar.com/go?id=P-3dc2577894da47fcaf746affe66df52b) Its regional footprint comprised 5,887 hotels and 816,878 rooms in the U.S.; 464 hotels and 72,670 rooms in the rest of the Americas; 815 hotels and 123,226 rooms in Europe; 152 hotels and 38,940 rooms in the Middle East and Africa; and 1,024 hotels and 198,100 rooms in Asia Pacific.[27](https://app.finbar.com/go?id=P-6610393ad42e4988822aa882456ec787)[28](https://app.finbar.com/go?id=T-0883be349ff94670925638504c508411) Hilton also describes its operating geographies through the Americas, EMEA and Asia Pacific.[29](https://app.finbar.com/go?id=P-123ddfa9792b4054a27eb5b31ed0f557)

Revenue is also weighted toward the U.S. In 2024, Hilton reported total revenue of $11.174 billion, of which $8.779 billion came from the U.S. and $2.395 billion from all other countries combined, implying that roughly 79% of revenue was generated in the U.S. and about 21% outside it.[30](https://app.finbar.com/go?id=P-5a0278bdf2bd49919a1f633f02d902ab)[31](https://app.finbar.com/go?id=T-b39839a7254f43289ae239db5c86ccb9) Hilton states that no individual non-U.S. country accounted for more than 10% of total revenue in 2024, 2023 or 2022.[32](https://app.finbar.com/go?id=P-099c9e4ad179436babbf913476005684) The company’s principal executive offices are in McLean, Virginia.[33](https://app.finbar.com/go?id=T-faa90747c6394c58b4ce1167058d254e)
[26](https://app.finbar.com/go?id=P-3dc2577894da47fcaf746affe66df52b)[27](https://app.finbar.com/go?id=P-6610393ad42e4988822aa882456ec787)[28](https://app.finbar.com/go?id=T-0883be349ff94670925638504c508411)[29](https://app.finbar.com/go?id=P-123ddfa9792b4054a27eb5b31ed0f557)[30](https://app.finbar.com/go?id=P-5a0278bdf2bd49919a1f633f02d902ab)[31](https://app.finbar.com/go?id=T-b39839a7254f43289ae239db5c86ccb9)[32](https://app.finbar.com/go?id=P-099c9e4ad179436babbf913476005684)[33](https://app.finbar.com/go?id=T-faa90747c6394c58b4ce1167058d254e)

## Business segments

Hilton Worldwide Holdings reports two reportable segments: management and franchise, and ownership [34](https://app.finbar.com/go?id=P-b6388b327997491bba0fdc00351344a7). The management and franchise segment includes hotels managed for third-party owners, properties that license Hilton intellectual property and/or use Hilton booking channels and related programs, and other contracted services where Hilton does not run day-to-day hotel operations; its revenue base includes franchise and management fees, strategic-partner licensing fees, and fees for managing hotels in the ownership segment [35](https://app.finbar.com/go?id=P-218f912efcb24e4492ea61452c92e037). The ownership segment consists primarily of Hilton’s consolidated owned and leased hotels, with revenue driven by room sales, food and beverage sales, and other hotel services [22](https://app.finbar.com/go?id=P-1cdd0914dea34b0cb31a5797bc905cb3). Hilton does not present timeshare as a separate reportable segment; HGV-related licensing economics are included within management and franchise [35](https://app.finbar.com/go?id=P-218f912efcb24e4492ea61452c92e037)[36](https://app.finbar.com/go?id=P-9e07fba6e8dc438dbfb3be2d93f7f4a9).

In 2024, management and franchise generated $3,339 million of segment revenue and ownership generated $1,255 million, which equates to an approximate 73% / 27% split of reportable segment revenue [25](https://app.finbar.com/go?id=T-fad3d8dde8924bea8fb149193d400969). Relative to Hilton’s $11,174 million of total company revenue, those segment revenues represented about 30% and 11%, respectively, because total revenue also includes other revenues from managed and franchised properties outside the reportable-segment revenue measure [25](https://app.finbar.com/go?id=T-fad3d8dde8924bea8fb149193d400969)[22](https://app.finbar.com/go?id=P-1cdd0914dea34b0cb31a5797bc905cb3)[5](https://app.finbar.com/go?id=P-79544a4df62b4f7491d4e0ab15ac0f48). On a segment Adjusted EBITDA basis, management and franchise contributed $3,339 million versus $172 million for ownership, or roughly 95% and 5% of segment Adjusted EBITDA, respectively [37](https://app.finbar.com/go?id=P-1f668aa5a3274a74b1d07c2677524d18)[38](https://app.finbar.com/go?id=T-bf8a88d04c7642fd99312f8b7656c9e0).
[34](https://app.finbar.com/go?id=P-b6388b327997491bba0fdc00351344a7)[35](https://app.finbar.com/go?id=P-218f912efcb24e4492ea61452c92e037)[22](https://app.finbar.com/go?id=P-1cdd0914dea34b0cb31a5797bc905cb3)[36](https://app.finbar.com/go?id=P-9e07fba6e8dc438dbfb3be2d93f7f4a9)[25](https://app.finbar.com/go?id=T-fad3d8dde8924bea8fb149193d400969)[5](https://app.finbar.com/go?id=P-79544a4df62b4f7491d4e0ab15ac0f48)[37](https://app.finbar.com/go?id=P-1f668aa5a3274a74b1d07c2677524d18)[38](https://app.finbar.com/go?id=T-bf8a88d04c7642fd99312f8b7656c9e0)

## Company history

Hilton traces its origins to 1919, when Conrad Hilton entered the hotel business by buying the Mobley Hotel in Cisco, Texas.[39](https://stories.hilton.com/history) By 1943, Hilton had become the first coast-to-coast hotel chain in the United States, and in 1946 Hilton Hotels Corporation was formed and listed on the New York Stock Exchange.[40](https://media.corporate-ir.net/media_files/NYS/HLT/milestones5_03.pdf) In 1949, Hilton opened the Caribe Hilton in San Juan, Puerto Rico, its first hotel outside the continental United States, and in 1954 it expanded further with the acquisition of Statler Hotel Company in a $111 million deal.[41](https://stories.hilton.com/hilton-history/expanding-beyond-the-continental-united-states)[42](https://stories.hilton.com/hilton-history/the-acquisition-of-statler-hotel-company-a-recordbreaking-deal)

A later turning point came in 2007, when Hilton became a wholly owned subsidiary of Blackstone following a merger.[43](https://app.finbar.com/go?id=P-fb638a5d16384e3cb24e11bc673057c5) Hilton returned to the public markets in December 2013, when its common stock began trading on the NYSE under the ticker HLT after its initial public offering.[43](https://app.finbar.com/go?id=P-fb638a5d16384e3cb24e11bc673057c5) In January 2017, Hilton completed the spin-offs of Park Hotels & Resorts and Hilton Grand Vacations into separate publicly traded companies.[44](https://app.finbar.com/go?id=P-ce93ba9ec6c0422398f93175a1857546)
[43](https://app.finbar.com/go?id=P-fb638a5d16384e3cb24e11bc673057c5)[44](https://app.finbar.com/go?id=P-ce93ba9ec6c0422398f93175a1857546)[39](https://stories.hilton.com/history)[40](https://media.corporate-ir.net/media_files/NYS/HLT/milestones5_03.pdf)[41](https://stories.hilton.com/hilton-history/expanding-beyond-the-continental-united-states)[42](https://stories.hilton.com/hilton-history/the-acquisition-of-statler-hotel-company-a-recordbreaking-deal)

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40. [media.corporate-ir.net](https://media.corporate-ir.net/media_files/NYS/HLT/milestones5_03.pdf)
41. [stories.hilton.com](https://stories.hilton.com/hilton-history/expanding-beyond-the-continental-united-states)
42. [stories.hilton.com](https://stories.hilton.com/hilton-history/the-acquisition-of-statler-hotel-company-a-recordbreaking-deal)
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44. [Hilton Worldwide Holdings Inc. — Full financial report (2016 Y)](https://app.finbar.com/go?id=P-ce93ba9ec6c0422398f93175a1857546)

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