Hilton Worldwide Holdings Inc.

Hilton is one of the largest global hospitality companies, operating 9,158 properties with 1,351,351 rooms across 143 countries and territories as of December 31, 2025. Founded in 1919, Hilton has been an innovator in the industry for over 105 years. The company's brand portfolio includes luxury, lifestyle, full service, focused service, and all-suites hotel brands, along with timeshare brands. As of December 31, 2025, Hilton had 243 million members in its guest loyalty program, Hilton Honors, marking a 15 percent increase from December 31, 2024. Hilton operates its business through two segments: a management and franchise segment and an ownership segment. The management and franchise segment encompasses hotels managed for third-party owners and properties that license Hilton's intellectual property, use its booking channels, and receive other contracted services, where day-to-day operations are handled by others. Revenues for this segment come from management and franchise fees charged to third-party hotel owners, licensing fees from strategic partners such as co-branded credit card providers and Hilton Grand Vacations Inc. (HGV), and fees for managing hotels within Hilton's ownership segment. The ownership segment primarily generates revenue from nightly hotel room sales, food and beverage sales, and other services at its consolidated hotels.