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Hilton Worldwide
HLT · NYSEHotels & Lodging
The economic chain
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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Propertyowners &…who own the buildingsEnablerstech, payments, OTAs, sup…Hilton brand &loyaltythe hub that franchisesHotels &channelsthe 9,000 flagged propert…Guestswho actually paysOWNHotel owners & franchiseesPKPark Hotels & ResortsFFEConstruction & FF&E suppliersAXPAmerican ExpressOTAOnline travel agenciesTECCloud & tech platformsPAYPayments & card networksHHHilton HonorsHLTHilton WorldwideLUXLuxury & lifestyle brandsCORECore & focused-service brandsCHNBooking channelsFRNFranchised hotelsMGDManaged & owned hotelsBIZBusiness & group travelYOULeisure guests
Company details
Market cap
$79B
P/E ratio
52×
Div yield
0.2%
EPS (TTM)
$5.95
Adj. EBITDA
$3.7B
Net unit growth
+6.7%
Revenue
$12.0B
Net income
$1.46B
In plain English
Hilton barely owns any hotels. It is an asset-light brand-and-loyalty machine: 25 brands (Hilton, Hampton, DoubleTree, Waldorf Astoria, Conrad) spanning ~9,000 properties and 1.3M+ rooms in 141 countries — almost all owned by third parties who pay Hilton fees to fly its flags, run its booking system and tap its 250M+ Hilton Honors members. The real estate sits with owners and REITs like Park Hotels; Hilton keeps the brand, the app and the membership.
In simple terms
What Hilton Worldwide really sells
Hilton barely owns any hotels. It is an asset-light brand-and-loyalty machine: 25 brands (Hilton, Hampton, DoubleTree, Waldorf Astoria, Conrad) spanning ~9,000 properties and 1.3M+ rooms in 141 countries — almost all owned by third parties who pay Hilton fees to fly its flags, run its booking system and tap its 250M+ Hilton Honors members. The real estate sits with owners and REITs like Park Hotels; Hilton keeps the brand, the app and the membership.
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Risk read
Moderate
SteadierMore speculative
Why this rating?