Tag: Hilton

MCLEAN, Va. & NEW YORK – WEBWIRE – Friday, March 29, 2024 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 ... Read more

MCLEAN, Va. – WEBWIRE – Friday, November 10, 2023 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 ... Read more

DoubleTree by Hilton Jeddah Al Andalus Mall is set to open by 2024 JEDDAH, Kingdom of Saudi Arabia – WEBWIRE – Friday, April 14, 2023 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 ... Read more

WEBWIRE – Friday, January 28, 2022 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 ... Read more