Hilton and American Express Introduce Enhanced Hilton Honors American Express Business Card with Rewards and Benefits to Help Business Owners Elevate Their Travel

MCLEAN, Va. & NEW YORK – WEBWIRE

Hilton (NYSE: HLT) and American Express (NYSE: AXP) introduced the enhanced Hilton Honors American Express Business Card, featuring new benefits and up to $240 each year in annual statement credits on eligible Hilton purchases, along with a simplified rewards structure to earn Hilton Honors Bonus Points wherever Card Members spend. The updated Card enables Card Members to use their business purchases to fuel future Hilton stays, all with the powerful backing of American Express.

At Hilton, we understand the importance of small and medium-sized businesses and are committed to providing unique offerings for business owners and travelers, said Mark Weinstein, chief marketing officer, Hilton. Together with American Express, were proud to unveil the newly-refreshed Hilton Honors American Express Business Card, that makes Card Members Hilton stays especially rewarding. Our Card benefits can elevate business owners travel experiences the accelerated points earned can be redeemed for work trips or unforgettable dream getaways.

American Express and Hilton have partnered for over 70 years to provide elevated service and benefits for our business customers, said Eva Reda, executive vice president, Global Commercial Services Products at American Express. Business owners have challenging, around-the-clock jobs, and they need rewards that can be used for business trips to meet with clients, suppliers, or team members or that can be used for personal trips to recharge and find new inspiration. The enhanced Hilton Honors American Express Business Card is designed to help Card Members balance work and life, rewarding business owners across both.

Rewarding, Flexible Benefits for Everyday Business Spend and Elevated Travel

Now with a sleek metal design, the newly enhanced Hilton Honors American Express Business Card provides accelerated ways for Card Members to earn rewards, an important need particularly for small businesses.

  • Earn 12X Hilton Honors Bonus Points for each dollar of eligible purchases charged on your Hilton Honors Business Card directly with a hotel or resort within the Hilton portfolio
  • (NEW) Earn 5X Hilton Honors Bonus Points on other purchases made using the Card on the first $100,000 in purchases each calendar year, 3X Points thereafter
  • (NEW) Earn up to $240 back each year on eligible Hilton purchases made on your Card, with up to $60 in statement credits per quarter
  • (NEW) Complimentary National Car Rental Emerald Club Executive status. Enrollment in the complimentary Emerald Club program is required. Terms apply.
  • Enjoy Complimentary Hilton Honors Gold status, with perks like an 80% Bonus on Base Points you earn on every stay, space-available room upgrades at select properties, and more
  • Upgrade to Hilton Honors Diamond status through the end of the next calendar year by spending $40,000 on eligible purchases on your Card in a calendar year to enjoy benefits like a 100% Bonus on Base Points you earn on every stay, premium Wi-Fi at select properties, and more

In addition to these benefits, the Hilton Honors American Express Business Card offers a number of built-in features that help small businesses seamlessly manage their accounts. Employee Cards can also be addedwith no annual membership fee.

With these new benefits, the Hilton Honors American Express Business Card will have an annual fee of $195 starting March 28, 2024. New Card Members can take advantage of a limited time welcome offer valid from March 28 June 5, 2024, to earn 175,000 Hilton Honors Bonus Points after spending $8,000 in eligible purchases on their new Card in their first six months of Card Membership. Terms apply.

The enhanced Hilton Honors American Express Business Card follows the recently enhanced Hilton Honors American Express Surpass and Aspire Cards, announced in October 2023 to consumer Card Members.

For more information, including terms and conditions, about the Hilton Honors American Express Business Card, visit here.

About Hilton

Hilton is a leading global hospitality company with a portfolio of 22 world-class brands comprising more than 7,500 properties and nearly 1.2 million rooms, in 126 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed over 3 billion guests in its more than 100-year history, was named the No. 1 Worlds Best Workplace by Great Place to Work and Fortune and has been recognized as a global leader on the Dow Jones Sustainability Indices for seven consecutive years. Hilton has introduced industry-leading technology enhancements to improve the guest experience, including Digital Key Share, automated complimentary room upgrades and the ability to book confirmed connecting rooms. Through the award-winning guest loyalty program Hilton Honors, the more than 180 million members who book directly with Hilton can earn Points for hotel stays and experiences money cant buy. With the free Hilton Honors app, guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. Visit stories.hilton.com for more information, and connect with Hilton on Facebook, Twitter, LinkedIn, Instagram and YouTube.

About Hilton Honors

Hilton Honors is the award-winning guest loyalty program for Hiltons world-class brands comprising nearly 7,500properties in 126 countries and territories.Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of Points and money to book a stay, an exclusive member discount and free standard Wi-Fi. Members also have access to contactless technology exclusively through the industry-leadingHilton Honors app, where members can check in, choose and access their roomusing Digital Key. Hilton Honors offers its more than 180 million members hundreds of ways to earn and redeem Points, including with select co-branded credit cards.Members can redeem Points for free nights, purchases on Amazon, exclusive experiences, charitable contributions and more. The program is free to join and travelers can enroll online at hiltonhonors.com. Learn more about Hilton Honors atstories.hilton.com/hiltonhonors, and follow Hilton Honors on Facebook, Twitter and Instagram.

About American Express

American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress,instagram.com/americanexpress,threads.net/@americanexpress,tiktok.com/@americanexpress,  linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.

Key links to products, services and corporate responsibility information: personal cards, business cards and services, travel services, gift cards, prepaid cards, merchant services, Accertify,Business Blueprint, Resy, corporate card, business travel, diversity and inclusion, corporate responsibility and Environmental, Social, and Governance reports

Hilton Increases Stock Repurchase Authorization

MCLEAN, Va. – WEBWIRE

The Board of Directors of Hilton Worldwide Holdings Inc. (NYSE: HLT) authorized the repurchase of an additional $3.0 billion of common stock under the Companys existing stock repurchase program, bringing the total amount currently authorized for future repurchases to approximately $4.2 billion.

Hilton may purchase shares in the open market, in privately negotiated transactions or in such other manner as determined by Hilton, including through repurchase plans complying with the rules and regulations of the Securities and Exchange Commission (the SEC). The amount and timing of any repurchases made under the stock repurchase program will depend on a variety of factors, including available liquidity, cash flow and market conditions. The stock repurchase program does not obligate Hilton to repurchase any dollar amount or number of shares of common stock and the program may be suspended or discontinued at any time.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to Hiltons stock repurchase program. In some cases, you can identify these forward-looking statements by the use of words such as outlook, believes, expects, forecasts, potential, continues, may, will, should, could, seeks, projects, predicts, intends, plans, estimates, anticipates or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including, among others, risks inherent to the hospitality industry, macroeconomic factors beyond Hiltons control, such as inflation, changes in interest rates, challenges due to labor shortages or disputes and supply chain disruptions and recent events affecting the financial services industry, risks related to the impact of the COVID-19 pandemic, competition for hotel guests and management and franchise contracts, risks related to doing business with third-party hotel owners, performance of Hiltons information technology systems, growth of reservation channels outside of Hiltons system, risks of doing business outside of the U.S., risks associated with conflicts in Eastern Europe and the Middle East and other geopolitical events, and Hiltons indebtedness. Additional factors that could cause Hiltons results to differ materially from those described in the forward-looking statements can be found under the section entitled Part I Item 1A. Risk Factors” of Hiltons Annual Report on Form 10-K for the fiscal year ended December 31, 2022, as such factors may be updated from time to time in Hiltons periodic filings with the SEC. Hiltons Form 10-K is filed with the SEC and accessible on the SECs website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in Hiltons filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

About Hilton

Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 22 world-class brands comprising nearly 7,400 properties and more than 1.1 million rooms, in 124 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed more than 3 billion guests in its more than 100-year history, earned a top spot on Fortunes 100 Best Companies to Work For list and been recognized as a global leader on the Dow Jones Sustainability Indices for six consecutive years. Hilton has introduced several industry-leading technology enhancements to improve the guest experience, including Digital Key Share, automated complimentary room upgrades and the ability to book confirmed connecting rooms. Through the award-winning guest loyalty program Hilton Honors, the more than 173 million members who book directly with Hilton can earn Points for hotel stays and experiences money cant buy. With the free Hilton Honors app, guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. Visit stories.hilton.com for more information, and connect with Hilton on Facebook, Twitter, LinkedIn, Instagram and YouTube.

Hilton Announces DoubleTree by Hilton Hotel in Jeddah

DoubleTree by Hilton Jeddah Al Andalus Mall is set to open by 2024

JEDDAH, Kingdom of Saudi Arabia – WEBWIRE

Hilton (NYSE: HLT) today announced the signing of a management agreement for a new hotel in Jeddah. The hotel is owned by AlAhli REIT Fund (1), a listed investment fund managed by SNB Capital. In the coming years, Hilton expects to grow its portfolio in Saudi Arabia to more than 75 hotels across multiple award-winning brands.

Saudi Arabia represents a significant opportunity for Hilton to grow its portfolio and, with the announcement of this DoubleTree by Hilton property in an exceptional location, we look forward to further expanding our full service footprint across the country, said Carlos Khneisser, vice president, Development, Middle East & Africa, Hilton. Our partnership with the SNB Capital reaffirms Hiltons desire to work with great partners and our strong commitment to the private sector.

A brand debut in Jeddah, DoubleTree by Hilton Jeddah Al Andalus Mall will open next year, following an extensive renovation programme that will see significant upgrades to both guest rooms, restaurants, recreation facilities and more. The hotel will offer guests 164 contemporary guest rooms and serviced apartments, two unique food and beverage experiences, state-of-the-art fitness offerings including a gym and an outdoor pool, and seven meetings and events spaces.

This upscale hotel is situated on the King Abdallah Road, and is linked to Al Andalus Mall, one of Jeddahs most popular shopping destinations and immediately adjacent to the first upcoming Sulaiman Al Habib Hospital with 330 beds. The hotel is a 10-minute drive from several renowned educational, medical and entertainment facilities, as well as Jeddahs downtown and a 20-minute drive from the King Abdulaziz International Airport.

DoubleTree by Hilton Jeddah Al Andalus Mall will participate in Hilton Honors, the award-winning guest loyalty program for Hiltons 19 world-class brands. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of Points and money to book a stay, an exclusive member discount that cant be found anywhere else and free standard Wi-Fi.

Hilton currently operates 16 hotels in KSA and has another 51 under development. The company plans to expand its operations to more than 75 properties in the coming years, including the introduction of new brands such as LXR Hotels & Resorts, Canopy by Hilton, Embassy Suites by Hilton and Hampton by Hilton.

Hilton Named Most Valuable Hotel Brand by Brand Finance

WEBWIRE



Brand Finance has named Hilton the world’s most valuable hotel brand in its 2022 Global 500 Report. Hilton led both the hotel and broader tourism sector with a brand value of $12 billion, now higher than its valuation before the COVID-19 pandemic.


“Now that lockdown rules have eased in most countries, the tourism sector has seen a boost in staycations as well as a partial return of business travel,” said David Haigh, chairman & CEO of Brand Finance. “Hilton has prepared well for this moment, opening more than one hotel per day in 2021. Having recorded an impressive brand value growth of 58% this year to US$12 billion, the brand is now more valuable than it was pre-pandemic – an amazing achievement.”


The Brand Finance Global 500 rankings assess the value of brands globally based on their financial strength and brand equity. Hilton’s brand portfolio includes 18 world-class brands comprising more than 6,700 properties and more than 1 million rooms, in 122 countries and territories.


To learn more about the Brand Finance Global 500 2022 rankings, click here.


About Hilton


Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 18 world-class brands comprising more than 6,700 properties and more than 1 million rooms, in 122 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed more than 3 billion guests in its more than 100-year history, earned a top spot on the 2021 World’s Best Workplaces list, and been recognized as a global leader on the Dow Jones Sustainability Indices for five consecutive years. In 2020, Hilton CleanStay was introduced, bringing an industry-defining standard of cleanliness to hotels worldwide. Through the award-winning guest loyalty program Hilton Honors, the nearly 123 million members who book directly with Hilton can earn Points for hotel stays and experiences money can’t buy. With the free Hilton Honors app, guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. Visit newsroom.hilton.com for more information, and connect with Hilton on Facebook, Twitter, LinkedIn, Instagram and YouTube.