Hilton News

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”). The closing of the option is expected to occur on April 13, 2018, concurrently with the closing of the offering, subject to the satisfaction of customary closing conditions. Following the closing of the offering and the previously announced repurchase by Hilton of an aggregate of 16,500,000 shares directly from the selling stockholder, HNA will no longer beneficially own any shares of Hilton’s common stock.

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.

Hilton Led Hospitality Industry in Customer Innovations and Recorded Best Ever Growth in 2017

In 2017, Hilton achieved record-setting growth, unveiled industry-leading innovations, and introduced new benefits for guests and Team Members.

Hilton Announces New Leadership in India

Hilton today announced the appointments of Navjit Ahluwalia as Senior Vice President and Country Head, India, and Jatin Khanna as Vice President and Head of Operations, India.

Hilton Opens 650 New Work-From-Home Reservation Sales Positions

Hilton today announced the hiring initiative for its remote career program with the creation of 650 new part-time work-from-home reservation sales positions, offering flexible work opportunities across the United States.

Hilton Announces Fourth Quarter and Full Year 2017 Earnings Release Date

Hilton Worldwide Holdings Inc. (NYSE: HLT) will report fourth quarter and full year 2017 financial results prior to the stock market open on Wednesday, February 14, 2018, followed by a conference call at 10:00 a.m. Eastern Time.

Striking New Hotel Set for Stratford

Hilton (NYSE: HLT) has signed a franchise agreement with The Gantry Group, a joint venture between Black Friar Holdings and a £1.1bn institutional investor.

Hilton Appoints Kellyn Smith Kenny as Chief Marketing Officer

Kenny brings to Hilton unique cross-industry and strategic marketing expertise developed in consumer, competitive, and service-focused executive roles. As Vice President, Marketing at Uber, she led interdisciplinary marketing for the company’s most significant markets in the U.S. and Canada.

Hilton Announces ‘Connected Room,’ The First Mobile-Centric Hotel Room, To Begin Rollout in 2018

Hilton (NYSE: HLT) today unveiled Connected Room, a first-of-its-kind, high-tech guest room that enables guests to personalize and control every aspect of their stay from one central point – their mobile device. Currently in beta testing, Connected Room is live in one hotel, will deploy in coming weeks in several more, and will begin to scale rapidly to hotels across the United States in 2018.

Hilton Increases Stock Repurchase Authorization By $1 Billion

The Board of Directors of Hilton Worldwide Holdings Inc. (NYSE: HLT) has authorized the repurchase of an additional $1 billion of common stock under the Company’s existing stock repurchase program, bringing the total amount currently authorized for repurchase to approximately $1.3 billion.