Hilton Delivers Another Record-Setting Year, Set Up for Continued Outperformance

Maintains Position as World’s Fastest-Growing Hospitality Company

Creates Nearly 20,000 New Hotel Jobs Worldwide in 2016, Projected to
Add 25,000 more in 2017

MCLEAN, Va.–(BUSINESS WIRE)–2016 was an extraordinarily impactful year for Hilton (NYSE:HLT), which
achieved record pipeline and net unit growth, accomplished its most
successful brand launch with Tru by Hilton and maintained its position
as the fastest-growing hospitality company. It also completed the spin-offs
of Park Hotels & Resorts and Hilton Grand Vacations, creating three
pure-play businesses that will lead their respective segments with
tremendous growth potential.

For nearly 100 years, one name has stood for hospitality: Hilton. And
it’s for this reason that we continue to build on our success and expand
at a rapid rate,” said Christopher J. Nassetta, president & CEO, Hilton.
As the result of our spin-offs, Hilton is a more simplified, focused
and resilient business, which allows us to offer even more exceptional
experiences to our guests, extensive opportunities to our Team Members
and premium returns for our hotel owners and shareholders.”

Hilton’s major highlights in 2016 include:

Global Development Highlights

  • Held its position as the fastest-growing global hospitality company on
    an organic net unit growth percentage basis.
  • Grew its pipeline to a record of more than 300,000 rooms, with more
    than one in five hotel rooms under construction globally destined for
    Hilton brands, which is 4.5 times Hilton’s existing share of global
    rooms. Four of Hilton’s brands make up the top five brands in the
    industry under construction globally.
  • Approved 106,000 new rooms, started construction on 76,000 rooms and
    delivered net unit growth of 45,000 rooms, representing 6.6 percent
    growth of the managed and franchised portfolio.
  • Opened nearly one property a day (a total of 354 properties) and
    expanded its footprint across five new countries (Philippines,
    Armenia, Montenegro, Estonia and Morocco) for a total of 104 countries
    and territories.
  • Launched its 13th brand – Tru by Hilton – which has become
    the fastest-growing new brand in company history and we believe the
    most successful new-build hotel brand in the industry, with nearly 400
    deals now signed or in progress.

Enterprise Highlights

Regional Development Highlights

  • Americas: For the second consecutive year, Hilton delivered a
    record number of approvals across the region – signing more than 600
    deals, representing approximately 73,000 rooms.
  • Europe, Middle East and Africa: Hilton closed the year with
    almost 100 new approvals (approximately 16,500 rooms) including its
    first properties in Lithuania, Latvia and Serbia.
  • Asia Pacific: Hilton had a record-breaking year for
    approvals with the signing of nearly 17,000 rooms. Greater China alone
    also had a banner year with nearly 60 deals (more than 12,000 rooms)
    signed, including the first two Curio – A Collection by Hilton and
    Canopy by Hilton hotels. Hampton by Hilton opened seven hotels and
    signed 30 hotels in China through its partnership with Plateno Hotels

Brand Highlights

Innovation Highlights

  • The Hilton
    HHonors app
    , the company’s award-winning guest-loyalty program
    app, has been downloaded more than 3.6 million times (downloaded every
    8 seconds) and is the highest rated travel app in the Apple App Store.
  • Digital
    check-in with room selection
    , the hospitality industry’s
    first-and-only way for travelers to check in and select the exact room
    they want, is available worldwide at more that 4,700 hotels and has
    been used more than 22 million times since it launched in the summer
    of 2014. It is currently used at a rate of more than one million times
    per month.
  • Hilton guests can now access their rooms through the Hilton HHonors
    app via Digital
    functionality, currently available in 750 hotels. Hilton will
    continue to build on this industry-leading capability, with an
    additional 2,500 hotels around the globe expected to offer the service
    by the end of 2017.

Great Place to Work Highlights

  • Earned the following workplace recognitions:

  • Led the charge in addressing the challenge of global
    youth unemployment
    , by connecting, preparing or employing more
    than 150,000 young people.
  • Achieved its Operation:
    goal two years early, hiring 10,000 U.S. military
    veterans and their family members in just three years.
  • Developed a workplace culture that attracts the best talent by
    introducing unique benefits such as:

    • A best-in-class parental
      leave policy
    • A best-in-industry adoption
    • The Go Hilton Team Member travel program, a global, system-wide
      framework to support travel for Team Members and their family and
  • Joined 28 other leading businesses, including Apple, Coca-Cola,
    Facebook and General Motors, in signing the White
    House’s Equal Pay Pledge

*Industry data from STR Global

About Hilton

Hilton (NYSE:HLT) is a leading global hospitality company, with a
portfolio of 14 world-class brands comprising nearly 4,900 properties
with more than 796,000 rooms in 104 countries and territories. Hilton
is dedicated to fulfilling its mission to be the world’s most hospitable
company by delivering exceptional experiences – every hotel, every
guest, every time. The company’s portfolio includes Hilton Hotels &
Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts,
Canopy by Hilton, Curio – A Collection by Hilton, DoubleTree by Hilton,
Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden
Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2
Suites by Hilton and Hilton Grand Vacations. The company also manages an
award-winning customer loyalty program, Hilton HHonors®. Hilton HHonors
members who book directly through preferred Hilton channels have access
to benefits including an exclusive member discount, free standard Wi-Fi,
as well as digital amenities that are available exclusively through the
industry-leading Hilton HHonors app, where Hilton HHonors members can
check-in, choose their room, and access their room using a Digital Key.
Visit news.hiltonworldwide.com for more information and connect with
Hilton on FacebookTwitterLinkedInInstagram and YouTube.


Astrid Egerton-Vernon