Hilton marks 10th anniversary of IPO

McLEAN, Virginia – Hilton is marking the 10-year anniversary of its IPO on the New York Stock Exchange, stating it has nearly doubled its global property and room count, more than doubled its brand portfolio, more than quadrupled the number of Hilton Honors members worldwide, and delivered total shareholder returns of approximately 330% through November 30, 2023.

After becoming the first hotel company listed on the New York Stock Exchange in 1946, Hilton was acquired by Blackstone Inc. in 2007, before becoming a public company again in 2013.

“Over the last decade, we have enhanced the resiliency of our model with the spin-offs of our timeshare business and the majority of our real estate, creating a capital-light, fee-based business,” said Kevin Jacobs, chief financial officer and president, global development, Hilton. “We have also continued to strengthen our balance sheet and the power of our network effect. Our award-winning brands, satisfied owners, loyal guests, and a leading development pipeline continue to power Hilton’s performance.”

Today, the company’s footprint of 22 brands and 7,400 properties has served nearly 200 million travelers in 2022. Hilton Honors – the fastest-growing hotel loyalty program – has added more than 130 million members in 10 years to total more than 173 million members as of the third quarter. Additionally, nearly 90% of Hilton’s properties are now franchised.

Hilton has also more than doubled its development pipeline since 2013, supported by strategic expansion into more than 30 new countries and territories. Today, Hilton has the largest pipeline of future hotel development in its history. It said with 20% of all rooms under construction slated to be Hilton brands, the company’s under-construction market share is nearly four times the market share of existing supply.