Hilton Worldwide Holdings Inc
NYSE:HLT

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Hilton Worldwide Holdings Inc
NYSE:HLT
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Price: 253.26 USD 1.02%
Market Cap: 61.7B USD
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Hilton Worldwide Holdings Inc
Investor Relations

Hilton Worldwide Holdings Inc.'s journey began over a century ago when Conrad Hilton purchased his first hotel. This modest beginning laid the foundation for a global empire that would redefine hospitality. Today, Hilton stands as a towering giant in the industry, embracing a franchise model that revolves around the management and franchising of a portfolio of 18 world-renowned brands. From the luxurious Waldorf Astoria to the more budget-friendly Hampton Inn, Hilton’s diversity in brand offerings caters to a wide spectrum of travelers, from the opulent to the cost-conscious. The company’s operations are marked by an asset-light strategy, focusing on fees from franchising and management, which cushions it from the capital-intense demands of property ownership.

Hilton's financial dynamics are as compelling as its historical evolution. The company earns revenue primarily through three channels: base fees, incentive fees, and franchise fees. Base fees are charged on a percentage of the hotel’s gross revenue, ensuring that Hilton benefits from the turnover of each property. Incentive fees, meanwhile, are tied to the hotel’s profitability, aligning Hilton's interests with those of its hotel owners. Franchise fees provide a steady stream of income through royalties, driven by the expansive reach of the Hilton brand and its various sub-brands around the globe. This model not only drives profitability but also fuels an impressive expansion strategy. By leveraging its brand strength and operational expertise, Hilton continues to secure its position as a global leader in the hospitality sector, orchestrating memorable experiences for guests while satisfying the financial appetites of shareholders.

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Management

Mr. Christopher J. Nassetta
President, CEO & Director

Christopher J. Nassetta is the President and Chief Executive Officer of Hilton Worldwide Holdings Inc., a role he has held since October 2007. Under his leadership, Hilton has transformed into one of the world's leading hospitality companies. He is recognized for implementing significant strategic changes that have immensely increased the company's market value and expanded its global presence. Nassetta was born in 1962 and grew up in Arlington, Virginia. He graduated from the University of Virginia McIntire School of Commerce with a degree in finance. Before joining Hilton, he served as the President and CEO of Host Hotels & Resorts, Inc., where he initially joined as an Executive Vice President in 1995. Earlier in his career, he co-founded Bailey Capital Corporation, a real estate investment and advisory firm. At Hilton, Nassetta is credited with orchestrating a turnaround that included rebranding initiatives, modernizing the hotel chain's operations, and focusing on enhancing customer experiences. One of his significant achievements was leading Hilton's initial public offering in December 2013, marking it as one of the largest IPOs in history at the time. Nassetta is actively involved in various industry and community organizations. He has served as the chairman of the World Travel & Tourism Council and is noted for his contributions to several boards related to tourism and hospitality. His leadership style emphasizes culture, sustainability, and innovation, making him a respected figure in the global hospitality sector.

Mr. Kevin J. Jacobs
CFO & President of Global Development

Kevin J. Jacobs is the Chief Financial Officer and President of Global Development at Hilton Worldwide Holdings Inc. He has played a significant role in shaping the company's financial strategy and global expansion efforts. Before taking on the role of CFO, Jacobs held various positions within the company, including Senior Vice President and Treasurer. His responsibilities include overseeing Hilton's global finance functions as well as leading strategic development initiatives worldwide. Jacobs has been key to driving the company’s financial performance and managing investor relations, ensuring Hilton's continued growth and presence in the hospitality industry. Prior to joining Hilton in 2008, Jacobs had a valuable impact in hospitality finance at companies such as Fairmont Raffles and Host Hotels & Resorts. His leadership has contributed to key initiatives, including asset-light business strategies, which focus on franchising and managing hotels rather than owning them directly. This approach has been instrumental in Hilton's expansion and financial success on a global scale.

Ms. Laura Fuentes
Executive VP & Chief HR Officer

Laura Fuentes is the Executive Vice President and Chief Human Resources Officer at Hilton Worldwide Holdings Inc. In her role, she is responsible for leading the company's global human resources strategy, including talent management, leadership development, diversity and inclusion, and team member engagement across Hilton's global portfolio. Before joining Hilton, Fuentes had extensive experience in HR and strategic planning, having held various leadership roles at Capital One, where her contributions spanned over a decade. At Capital One, she worked in HR as well as analytics and was involved in creating strategies for organizational growth and innovation. Her educational background includes degrees in industrial engineering and operations research from Cornell University and a master's degree in management science and engineering from Stanford University. Known for her strong leadership skills and deep expertise in human resources, Fuentes plays a critical role in fostering an inclusive and dynamic workplace culture at Hilton.

Mr. Christopher W. Silcock
President of Global Brands and Commercial Services

Christopher W. Silcock is a seasoned hospitality executive serving as the Executive Vice President and Chief Commercial Officer at Hilton Worldwide Holdings Inc. In this role, Silcock oversees the global business functions integral to driving revenue and customer engagement, including sales, revenue management, distribution, marketing, and customer engagement. Silcock has been with Hilton for several years, having joined the company in 1993. Over his career, he has held various leadership positions that have given him deep insights into the hospitality industry and Hilton's operations. His previous roles within Hilton include Senior Vice President of Commercial Services, where he was responsible for global sales functions, and other positions focused on hotel performance analytics and revenue management. Based in McLean, Virginia, Silcock has been instrumental in advancing Hilton's commercial strategy and implementing innovations that enhance customer experiences across Hilton's extensive portfolio of brands. He holds a Bachelor of Science degree in Hotel Administration from Cornell University.

Mr. Michael W. Duffy
Senior VP & Chief Accounting Officer

Michael W. Duffy is recognized for his leadership role at Hilton Worldwide Holdings Inc., where he serves as the Senior Vice President and Chief Information Officer (CIO). In this capacity, Duffy is responsible for overseeing Hilton's global information technology strategy to drive business growth and enhance operational efficiencies. He plays a crucial role in implementing innovative technology solutions that support Hilton's extensive portfolio of hotel brands worldwide. Duffy has a strong background in IT management, with a career spanning various sectors, including hospitality and consumer goods. His experience in transforming technological frameworks and driving digital initiatives has been instrumental in fortifying Hilton's position as a leader in the hospitality industry. Under his leadership, Hilton continues to harness technology to improve guest experiences and streamline operations. Michael W. Duffy is known for his strategic vision and ability to lead large-scale IT projects, making significant contributions to Hilton’s ongoing success and digital transformation journey.

Jill Chapman
Senior VP and Head of Development Operations & Investor Relations
No Bio Available
Ms. Julia Austin
Director of Sales & Marketing

Julia Austin is not associated with Hilton Worldwide Holdings Inc. as an executive officer. Therefore, I do not have a biography for her in that context. If there's a more specific or different individual you are inquiring about, please provide additional details.

Mr. Frank R. Passanante
Senior Vice President of Group Sales

Frank R. Passanante is a senior executive at Hilton Worldwide Holdings Inc. He has held various leadership positions within the organization, leveraging his extensive experience in the hospitality industry. At Hilton, his responsibilities have included driving business growth, overseeing sales operations, and enhancing customer engagement across different markets. Known for his strategic vision and operational expertise, Passanante has played a significant role in strengthening Hilton's market presence and forging key partnerships. His career is marked by a commitment to innovation and excellence in the service industry, making him a valuable asset to the Hilton leadership team.

Mr. William Fortier
Senior Vice President of Development of Americas

William Fortier is a well-regarded executive with a long-standing career at Hilton Worldwide Holdings Inc., where he has served in significant leadership roles. As the Senior Vice President of Development – Americas, Fortier has been responsible for overseeing the strategic growth and expansion of Hilton’s portfolio across North and South America. His efforts have played a crucial role in enhancing the company's presence in key markets, driving development strategies for various Hilton brands. With a strong background in the hospitality industry, Fortier has demonstrated expertise in brand management, strategic planning, and real estate development. He has been instrumental in negotiating and closing numerous high-profile deals that have expanded Hilton's footprint across the region. Fortier's leadership style is characterized by a focus on long-term growth and value creation, nurturing strong relationships with owners, developers, and investors. His deep understanding of the hospitality market dynamics has significantly contributed to Hilton's success in maintaining a competitive edge in the industry.

Mr. Daniel Hughes
Executive VP & President of Americas

Daniel Hughes is the Executive Vice President of Human Resources at Hilton Worldwide Holdings Inc. In this role, Hughes is responsible for overseeing the company's global human resources strategy, which includes talent acquisition, leadership development, employee engagement, and diversity and inclusion initiatives. His work is instrumental in fostering a culture of innovation and inclusivity, aligning HR practices with Hilton's overall business objectives, and ensuring the development of a high-performing and engaged workforce. Hughes has a wealth of experience in human resources and leadership, having previously held various senior HR positions in other multinational companies. He is known for his strategic vision, commitment to developing talent, and fostering a workplace environment that prioritizes both employee satisfaction and corporate growth. With an educational background in business and human resources management, Hughes brings a comprehensive understanding of how to align human resource functions with business strategies to drive organizational success.

Contacts

Address
VIRGINIA
MC LEAN
7930 Jones Branch Dr Ste 1100
Contacts
+17038831000.0
www.hilton.com