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 13^th 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

• Welcomed 150 million guests to its nearly 4,900 owned, managed and
  franchised properties.
• Created nearly 20,000 new hotel jobs worldwide as a result of opening
  managed and franchised properties across its portfolio.
• Grew the HHonors loyalty program by 9 million members for a total of
  nearly 60 million members, accounting for 55 percent of total room
  occupancy.
• Named one
  of the “World’s 25 Best Multinational Workplaces” by Great Place
  to Work®, as well as one of Fortune’s
  “Most Admired Companies” and Boston
  Consulting Group’s “Most Innovative Companies.”

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
  Group.

Brand Highlights

• Luxury and Lifestyle: Hilton’s luxury and lifestyle portfolio
  continues to grow. Waldorf Astoria Hotels and Resorts has 26
  properties open and 12 new hotels in the pipeline, including the
  soon-to-open Waldorf
  Astoria Beverly Hills and recently signed Waldorf
  Astoria San Francisco properties and Conrad Hotels & Resorts
  has 29 properties with the recent openings of the Conrad
  Manila, Conrad
  Makkah, Conrad
  Pune, Conrad
  Chicago and Conrad
  Xiamen along with 21 in the pipeline. Canopy by Hilton opened
  its first hotel, Canopy
  by Hilton Reykjavik City Center in Iceland, and the brand has an
  additional 29 properties in the pipeline.
• Full Service: Hilton Hotels & Resorts has one of the
  largest pipelines of any upper upscale brand. In 2016, the brand
  opened hotels in strategic markets including Hilton
  Brooklyn New York, Hilton
  Cleveland Downtown, Hilton
  Podgorica Crna Gora in Montenegro, Hilton
  Bali Resort and Hilton
  Edinburgh Carlton. Curio – A Collection by Hilton has
  rapidly grown to more than 30 upper upscale hotels with 7,000 rooms
  around the globe since its 2014 launch with locations that include
  some of the world’s most sought-after destinations such as Reichshof
  Hamburg, Anselmo
  Buenos Aires and Gran
  Hotel Montesol Ibiza. DoubleTree by Hilton expanded in key
  markets including DoubleTree
  by Hilton London Kingston Upon Thames, DoubleTree
  Resort by Hilton Fiji and DoubleTree
  by Hilton Hotel Mexico City Santa Fe.
• Focused Service: Hilton Garden Inn and Hampton by
  Hilton continued their strong development presence across all
  regions. Hilton Garden Inn celebrated its 700^th hotel
  opening in Downtown
  Asheville, N.C. and opened in its 50^th state with the Kauai
  Wailua Bay and Waikiki
  Beach locations, in addition to opening in six new countries. The
  largest brand within the portfolio, Hampton by Hilton, successfully
  entered all 50 states with the opening of the Oahu
  Kapolei location and continued its rapid international growth,
  including the opening of the flagship hotel in Guangzhou
  Zhujiang New Town. Tru by Hilton launched a year ago and
  now has nearly 400 deals signed or in progress and will open its first
  hotel in the first half of 2017.
• All Suites: In 2016, Hilton’s All Suites category reinforced
  its position as an industry leader, celebrating the opening of its 750^th
  property and closing the year with more than 500 hotels in the
  pipeline. Embassy Suites by Hilton, which has the largest upper
  upscale new build pipeline in the U.S., announced the upcoming Embassy
  Suites by Hilton New York Midtown Manhattan and Embassy
  by Hilton Riyadh King Fahd Road, the brand’s first property in the
  Middle East. The brand also signed two new hotels in Canada, Embassy
  Suites by Hilton Montreal Airport and Embassy Suites by Hilton
  Toronto Airport, and the brand’s first property in Aruba, Embassy
  Suites by Hilton Aruba Resort. Homewood Suites by Hilton and Home2
  Suites by Hilton celebrated the opening of their 400^th
  and 100^th properties respectively.

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
  Key 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:
  • Great Place to Work® recognized Hilton as one
    of the World’s 25 Best Multinational Workplaces. Hilton also
    ranked in all 14 country lists where it was eligible in 2016
    including ranking #1 in China, Turkey and Saudi Arabia.
  • Great Place to Work® and Fortune named Hilton as one
    of the 100 Best Workplaces, Best
    Workplaces for Women and Best
    Workplaces for Millennials.
  • A best-in-class parental
    leave policy;
  • A best-in-industry adoption
    assistance program;
  • The Go Hilton Team Member travel program, a global, system-wide
    framework to support travel for Team Members and their family and
    friends.
  • Included on Newsweek’s
    “Top Green Companies in the U.S.” list and Forbes’
    “The Just 100: America’s Best Corporate Citizens”
    list.

  *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 Facebook, Twitter, LinkedIn, Instagram and YouTube.

  Contacts

  Media:
  Astrid Egerton-Vernon
  astrid.egerton-vernon@hilton.com
  +1.703.883.5696