June 27, 2013 // Franchising.com // MCLEAN, Va. - Hilton Worldwide today announced the opening of its 4,000th hotel, Hilton Shijiazhuang in the Hebei province of China. It now has 35 hotels operating in Greater China and a pipeline in this region of more than 120 hotels with more than 42,000 rooms.
Anchored by a focus on global expansion and a portfolio of industry-leading brands, Hilton Worldwide has been the fastest growing global hotel company since 2007*, adding over 1,100 hotels and increasing its room count by 33 percent. It also has a pipeline of nearly 1,000 hotels with over 176,000 rooms, which is the largest in the industry** and in the history of the company. Hilton Worldwide has opened more than 100 hotels globally since the beginning of 2013, with more than 110 additional hotels expected to open throughout the remainder of the year.
"2013 has been an exceptional year so far for our company, and achieving our 4,000th hotel milestone confirms our commitment to be the world's preeminent hospitality company," said Christopher J. Nassetta, president and CEO, Hilton Worldwide. "Our brands continue to see unprecedented growth in all regions of the world and to innovate to provide our guests with exceptional experiences."
Hilton Worldwide has properties in 90 countries and territories across six continents. While still the largest hospitality company by number of rooms in the U.S.**, it has more than 60 percent of its pipeline located outside the U.S. It has the largest pipeline of any hospitality company in Europe, the Middle East and Africa, and the second largest pipeline in the Americas and Asia Pacific**. Additionally, Hilton Worldwide has nearly 80 percent of its over 93,000 rooms under construction located outside the U.S. and has more rooms under construction globally than any other hospitality company**.
"Given the strength of our pipeline, we expect continued rapid growth this year and into the future," added Nassetta. "All of our award-winning brands are sought by the best developers and owners in the business and continue to be the driving force behind our success."
Hilton Worldwide's growth is due to several key drivers across its major categories, including:
Luxury. The company's overall luxury portfolio of Waldorf Astoria and Conrad hotels has more than doubled since 2007 to 46 properties. Its pipeline stands at 26 hotels, which will increase its current footprint by more than 50 percent. Hilton Worldwide's luxury brands recently entered Latin America, Germany and Scotland with the openings of Waldorf Astoria Panama, Waldorf Astoria Berlin and The Caledonian, a Waldorf Astoria Hotel. This year Conrad Hotels & Resorts opened Conrad Algarve and Conrad Seoul, introducing the brand to Portugal and South Korea.
Full-service. Hilton Worldwide has the largest full-service pipeline by rooms globally** and is achieving major successes across its three full-service brands, including:
Focused-service and extended-stay. Comprising more than 2,800 hotels, Hilton Worldwide's focused-service and extended-stay brands form a strong growth engine with several achievements, including:
Additionally, the company's timeshare brand Hilton Grand Vacations is recording unprecedented growth. Since 2007, it has achieved record sales volume and has significantly outpaced its competition*. It also recently expanded its offerings in Las Vegas, Hawaii and Utah.
"Our growth also comes at a time when our Hilton HHonors loyalty program has surpassed 34 million members, who account for over 50 percent of our occupancy on any given night," said Nassetta. "Our exceptional growth further strengthens our portfolio of hotel offerings and brands so we can continue to exceed the expectations of our guests and to lead the industry for a long time to come."
Hilton Worldwide is a leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For 94 years, Hilton Worldwide has offered business and leisure travelers the finest in accommodations, service, amenities and value. The company is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Its brands are comprised of more than 3,900 hotels and timeshare properties, with more than 650,000 rooms in 90 countries and territories and include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages the world-class guest reward program Hilton HHonors®. Visit www.hiltonworldwide.com for more information and connect with Hilton Worldwide at www.facebook.com/hiltonworldwide, www.twitter.com/hiltonworldwide, www.youtube.com/hiltonworldwide, www.flickr.com/hiltonworldwide and www.linkedin.com/company/hilton-worldwide.
SOURCE Hilton Worldwide
Dawn Ray
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dawn.ray@hilton.com
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Hilton Worldwide (NYSE: HLT) is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels.