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About
Hilton, Inc. operates as a holding company, which provides hospitality services through its subsidiaries. It engages in the owning, leasing, managing, developing, and franchising hotels, resorts, and timeshare properties. The company operates through the following segments: Management and Franchise, Ownership, and Timeshare. The Management and Franchise segment manages hotels, resorts and timeshare properties owned by third parties and license its brands to franchisees. The Ownership segment consists of hotels that it owns or lease. The Timeshare segment markets and sells timeshare intervals, operates timeshare resorts and a timeshare membership club and provides consumer financing. The company was founded on March 18, 2010 and is headquartered in McLean, VA. | |||
Description
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, Hilton Hotels & Resorts, Curio - A Collection by Hilton, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Hilton Grand Vacations, and Tapestry Collection by Hilton brands. As of March 22, 2017, it had 4,900 properties with approximately 800,000 rooms in 104 countries and territories. Hilton, Inc. was founded in 1919 and is headquartered in McLean, Virginia. | |||
