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Hilton Worldwide Marketcap, Revenue, Net Worth, Competitors 2026

Hilton Worldwide Holdings Inc. logo

Hilton Worldwide Holdings Inc. logo

Key Stats

$11.17B 2024 Revenue
~$72B Market Cap (2025)
9,000+ Properties Worldwide
1.3M+ Hotel Rooms
141 Countries & Territories

Hilton Worldwide Holdings Inc. (NYSE: HLT) is a multinational hospitality company headquartered in Tysons Corner, Virginia. Founded in 1919 by Conrad Hilton, it now operates 25 hotel brands across more than 9,000 properties in 141 countries and territories.

The company runs on a fee-based, asset-light model, earning revenue through franchising and management contracts rather than direct property ownership. Its loyalty program, Hilton Honors, had roughly 195 million members as of 2024.

With around 181,000 employees globally and a development pipeline exceeding 498,000 rooms, Hilton remains one of the two largest hotel companies in the world by available rooms, alongside Marriott International.

Hilton Worldwide Holdings History

1919 Conrad Hilton purchases The Mobley Hotel in Cisco, Texas, for $40,000, entering the hospitality business amid the oil-boom demand for lodging.
1925 The Dallas Hilton opens as the first hotel to carry the Hilton name, establishing the brand across Texas.
1943 Hilton acquires the Roosevelt Hotel and Plaza Hotel in New York City, becoming the first hospitality company to span the continental United States.
1946 The company incorporates as Hilton Hotels Corporation and lists on the New York Stock Exchange — the first hotel company to do so.
1949 The Caribe Hilton opens in Puerto Rico, launching Hilton’s international expansion as the world’s first international hotel chain.
1954 Conrad Hilton acquires The Hotels Statler Company for $111 million, then the largest real estate transaction in history, adding eight properties.
1964 Hilton International is spun off as a separate, publicly traded company, splitting the domestic and international hotel operations.
1967 Trans World Airlines acquires Hilton International, creating two independent companies operating under the Hilton name in different territories.
1970 Hilton enters the domestic gaming business by acquiring the Flamingo Hotel and Las Vegas International, later renamed the Las Vegas Hilton and Flamingo Hilton.
1981 Conrad Hotels is founded as a luxury hotel and resort brand, named in honor of the company’s founder following his 1979 death.
1987 Hilton Honors launches as the company’s guest loyalty program, later becoming the industry’s first to offer combined hotel points and airline miles.
1999 Hilton acquires Promus Hotel Corporation for approximately $3.7 billion, adding the DoubleTree, Embassy Suites, Hampton Inn, and Homewood Suites brands and jumping from roughly 200 to over 1,400 hotels.
2006 Hilton Hotels Corporation reacquires Hilton International for around $5.7 billion, reuniting the two companies after 39 years and consolidating the global brand under one owner.
2007 The Blackstone Group takes Hilton private in a $26 billion all-cash deal, one of the largest leveraged buyouts in hospitality history. Christopher J. Nassetta is appointed CEO the same year.
2009 Hilton Hotels Corporation renames itself Hilton Worldwide and relocates headquarters from Beverly Hills, California, to Fairfax County, Virginia.
2013 Hilton returns to the New York Stock Exchange via IPO, raising approximately $2.35 billion in the second-largest hotel IPO at that time.
2017 Hilton completes the spin-offs of Park Hotels & Resorts and Hilton Grand Vacations into independent public companies, completing its asset-light transformation.
2024 Hilton acquires a majority interest in Sydell Group (NoMad Hotels) and announces an exclusive partnership with Small Luxury Hotels of the World, targeting continued luxury and lifestyle growth.

Hilton Worldwide Holdings Co-Founders

Conrad Nicholson Hilton (1887–1979) A former banker from San Antonio, New Mexico, Conrad Hilton bought The Mobley Hotel in Cisco, Texas, in May 1919 after spotting lodging demand from the oil boom. He spent six decades building the brand from a single Texas property into an international chain.

Hilton was founded solely by Conrad Hilton, who remained the driving force behind the company’s growth for decades. His son Barron Hilton later served as Chairman and CEO from 1966 to 1996, overseeing the company’s expansion into gaming and the domestic hotel market.

Conrad Hilton’s guiding philosophy was standardized service and consistent quality across properties, an approach that became standard across the hotel industry. He died in 1979 at age 91; the Conrad Hotels brand was created in his honor two years later.

Hilton Worldwide Holdings Market Cap

Hilton Worldwide Holdings trades on the NYSE under the ticker HLT. Its market cap reached approximately $72 billion in early 2026, reflecting strong post-pandemic recovery and continued expansion of its asset-light franchise model.

Hilton Worldwide Holdings Revenue

Hilton’s revenue dropped sharply in 2020 due to the COVID-19 pandemic, falling to $4.31 billion from $9.45 billion in 2019. It has since recovered strongly, reaching $11.17 billion in 2024, a 9.2% increase over 2023.

Hilton Worldwide Holdings Acquisitions

Hilton’s acquisition history spans more than a century, with deals that added entire brand families and shaped the modern hospitality industry. The most transformative came in the company’s mid-20th-century era and again around the turn of the millennium.

In 1943, Hilton purchased the Roosevelt Hotel and the Plaza Hotel in New York City for a combined sum that made it the first hotel company to operate coast to coast in the United States. In 1949, Hilton purchased the Waldorf Astoria New York, one of the most recognized properties in the world, which it would later sell to Anbang Insurance Group in 2015 for roughly $1.95 billion while retaining a 100-year management contract.

The $111 million purchase of The Hotels Statler Company in 1954 added eight properties in a single transaction and stood as the largest real estate deal in history at the time. In 1970, Hilton acquired the International Leisure Company, which included the Flamingo Hotel and the Las Vegas International, bringing the company into domestic gaming for the first time.

In 1999, Hilton paid approximately $3.7 billion for Promus Hotel Corporation, then the parent of DoubleTree, Embassy Suites, Hampton Inn, and Homewood Suites. That transaction took Hilton from roughly 200 hotels to over 1,400 almost overnight and firmly shifted the company toward a franchise-and-management model.

In 2006, Hilton reacquired Hilton International from Hilton Group plc for around $5.7 billion, reuniting the domestic and international businesses that had been separated since 1964. The combined entity gave Hilton control of a unified global brand for the first time in four decades.

More recently, in April 2024, Hilton acquired a majority controlling interest in Sydell Group, owner of the NoMad Hotels brand, aiming to open up to 100 NoMad locations globally. In February 2024, Hilton also announced an exclusive partnership with Small Luxury Hotels of the World, adding hundreds of independent properties to its distribution network. Hilton also completed the acquisition of Graduate Hotels, a portfolio of properties located near major university campuses in the U.S. and U.K.

Hilton Worldwide Holdings Competitors

Hilton competes with both global hospitality chains and alternative accommodation platforms. Its primary rivals operate across similar market segments, from budget to ultra-luxury, and vie for the same corporate and leisure travel demand.

Marriott International is Hilton’s closest rival by scale, operating approximately 9,500 properties with 1.7 million rooms across 144 countries. InterContinental Hotels Group (IHG) competes strongly in the midscale and upscale segments through brands like Holiday Inn and Crowne Plaza.

Company Headquarters Key Brands Properties (approx.)
Marriott International Bethesda, Maryland, USA Ritz-Carlton, Sheraton, Westin, Courtyard 9,500+
InterContinental Hotels Group (IHG) Windsor, England InterContinental, Holiday Inn, Crowne Plaza 6,500+
Hyatt Hotels Corporation Chicago, Illinois, USA Grand Hyatt, Park Hyatt, Andaz, Hyatt Place 1,400+
Accor Paris, France Sofitel, Novotel, Mercure, ibis 5,800+
Wyndham Hotels & Resorts Parsippany, New Jersey, USA Days Inn, La Quinta, Ramada, Super 8 9,100+
Best Western International Phoenix, Arizona, USA Best Western, SureStay, Vib 4,700+
Choice Hotels International North Bethesda, Maryland, USA Comfort Inn, Quality Inn, Econo Lodge 7,100+
Four Seasons Hotels & Resorts Toronto, Canada Four Seasons 100+
Radisson Hotel Group Brussels, Belgium Radisson Blu, Park Inn, Radisson RED 1,700+
Airbnb San Francisco, California, USA N/A (short-term rentals platform) 7M+ listings

FAQs

Who founded Hilton Worldwide Holdings?

Conrad Nicholson Hilton founded the company in May 1919 after purchasing The Mobley Hotel in Cisco, Texas. He led the business for several decades before his son Barron Hilton took over leadership in 1966.

How many hotels does Hilton Worldwide have?

As of 2024, Hilton operates more than 9,000 properties across 141 countries and territories, spanning 25 brands with over 1.3 million total rooms worldwide.

What is Hilton Worldwide Holdings’ annual revenue?

Hilton reported $11.17 billion in revenue for the full year 2024, a 9.2% increase from $10.24 billion in 2023, driven by higher RevPAR and continued net unit growth.

What brands does Hilton own?

Hilton’s 25 brands include Waldorf Astoria, Conrad, Hilton Hotels & Resorts, DoubleTree, Hampton by Hilton, Embassy Suites, Homewood Suites, Home2 Suites, Curio Collection, Canopy, Tru, Spark, and Hilton Grand Vacations, among others.

Is Hilton Worldwide Holdings publicly traded?

Yes. Hilton Worldwide Holdings trades on the New York Stock Exchange under the ticker symbol HLT. The company went public again in December 2013 after being taken private by The Blackstone Group in 2007.

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