April 29, 2017 6:44 AM ET

Hotels, Restaurants and Leisure

Company Overview of Hilton, Inc.

Company Overview

Hilton, Inc., a hospitality company, owns, leases, manages, develops, and franchises hotels, resorts, and timeshare properties worldwide. It operates through three segments: Ownership, Management and Franchise, and Timeshare. The company also licenses its brands to franchisees; provides hotel management services for third parties; and markets and sells timeshare interests owned by Hilton and third parties. In addition, it provides consumer financing, which includes interest income generated from the origination of consumer loans to finance their purchase of timeshare intervals. The company operates hotels under the Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, ...

7930 Jones Branch Drive

Suite 1100

McLean, VA 22102

United States

Founded in 1919

169,000 Employees

Phone:

703-883-1000

Key Executives for Hilton, Inc.

Chief Executive Officer, President and Director
Age: 54
Total Annual Compensation: $1.2M
Chief Financial Officer and Executive Vice President
Age: 44
Total Annual Compensation: $743.4K
Chief Executive Officer of Hilton Grand Vacations Inc. and President of Hilton Grand Vacations Inc.
Age: 59
Total Annual Compensation: $686.5K
Executive Vice President and President of Global Development, Architecture, Design & Construction
Age: 55
Total Annual Compensation: $739.3K
Executive Vice President, General Counsel and Secretary
Age: 55
Total Annual Compensation: $638.3K
Compensation as of Fiscal Year 2016.

Hilton, Inc. Key Developments

Hilton Opens Its 100th Hotel in Greater China

Hilton announced the opening of Hilton Quanzhou Riverside, company's 100th hotel in Greater China. Hilton Quanzhou Riverside is also the first Hilton Hotels & Resorts property in Fujian and the brand's 40th in Greater China. The 25-story, 296-room riverfront hotel is located in the heart of Quanzhou, Fujian Province's large metropolitan area and an important economic center in southeastern China that continues to support the corporate, MICE and leisure travel segments. Hilton Quanzhou Riverside has a prime location in Jinjiang'sCentral Business District, amongst the upscale headquarters of global enterprises. The hotel is only 8 kilometers from Quanzhou Jinjiang International Airport and 12 kilometers from Quanzhou Railway Station. Guests of Hilton Quanzhou Riverside will enjoy the hotel's proximity to nearby attractions including Kaiyuan Temple, Qingyuan Mountain, as well as the shopping destinations of Wanda Plaza and Live Show Creative Park, all of which are less than 10 kilometers from the hotel. Hilton Quanzhou Riverside's 296 guest rooms each span at least 40 square meters, making them the large in the district. Guests can expect views of the river and the city skyline, modern decor, and in-room amenities such as Wi-Fi and 49-60 inch LCD televisions. Guests who stay in executive rooms and suites will also enjoy access to the Executive Lounge, which offers 180-degree views, complimentary breakfast, afternoon tea, and happy hour drinks. The hotel's heated indoor pool on level six affords river views, while an underwater sound system enables guests to enjoy music while they do their laps. Hilton Quanzhou Riverside's guests can also relax in the hotel's steam rooms, or they can work out on the Italian-made Technogym equipment at the 24-hour fitness center. The hotel offers full meetings support to ensure seamless events. Hilton Quanzhou Riverside has a total of 2,940 square meters of meeting and banquet space that can be configured for events of any size. Equipped with audiovisual technology, these flexible spaces include a 1,368-square meter pillar-less Grand Ballroom, a 600-square meter banquet foyer with a view of the river, a VIP room, a boardroom, two Bridal Rooms, and seven meeting rooms. The innovative food and beverage concepts at Hilton Quanzhou Riverside include: KITCHENCRAFT, an all-day dining restaurant that features an open kitchen, and Western and Asian cuisines. Buffet or a la carte, the sumptuous fare includes healthy choices and incorporates locally-sourced ingredients. GU XIANG is a Chinese restaurant that takes inspiration from its name, which means 'hometown'. Drawing on age-old culinary traditions, GU XIANG offers authentic Minnan and Cantonese specialties. Ideal for business occasions and social gatherings, the restaurant has 14 private dining rooms, including three with outdoor seating areas and river views. THE HORIZON is the place to unwind or conduct informal meetings over afternoon tea, featuring local snacks and a wide variety of premium Chinese teas. Hilton Quanzhou Riverside is part of Hilton HHonors®, the guest-loyalty program for Hilton's 14 distinct hotel brands. Hilton HHonors members who book directly with Hilton save time and money and gain instant access to the benefits they care about most, such as an exclusive member discount, free Wi-Fi, the ability to earn and redeem Points for free nights, as well as access to digital amenities like digital check-in with room selection and Digital Key (in select locations), available exclusively through the Hilton HHonors mobile app. To celebrate the hotel's opening, Hilton HHonors members can earn 1,000 Bonus Points per night on the best available rate through stays completed between December 25, 2016 and June 24, 2017. Hilton Quanzhou Riverside is owned by Quanzhou Quanshang Real Estate Co Ltd. and managed by Hilton. It is located at No.999 Binjiang Road, Jinjiang, Quanzhou City, Fujian Province, P.R. China.

Hilton Opens First Hotel in Picturesque Jiuzhaigou

Hilton announced the opening of Hilton Jiuzhaigou Resort, marking Hilton's debut in Jiuzhaigou, Sichuan Province. Jiuzhaigou offers travelers stunning getaway on the edge of the Tibetan plateau. Hilton Jiuzhaigou Resort features 426 rooms, suites and villas set on the lush hillside of the Min Mountains. Hilton Jiuzhaigou Resort has a prime location situated at the entrance of Zhongcha Valley, just 14-kilometers from the Jiuzhai Valley National Park and just five kilometers from Jiuzhai Songcheng Romance Park, a popular theme park featuring cultural entertainment. The resort is served by Jiuzhai Huanglong Airport and provides a convenient base for guests to explore major attractions including the limestone ponds of Goddess Lake and the glaciers and snowcapped mountains of Huanglong.

Hilton Announces Management Changes

Hilton has named Qian Jin as the company's first area president for Greater China and Mongolia. Beginning this week, Qian Jin brings with him extensive experience in the hospitality industry, having most recently served as president of Wanda Hotels & Resorts. He reports to Martin Rinck, area president of Asia Pacific Hilton, and serves on the regional executive committee. Based in Shanghai, he will now be responsible for taking Hilton forward. He will replace outgoing senior vice president of Greater China and Mongolia, Bruce McKenzie, who is retiring after a distinguished career in the industry.

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Recent Private Companies Transactions

Type
Date
Target
Buyback
February 24, 2017
--
Merger/Acquisition
October 24, 2016
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