MCLEAN, Va. — Hilton is entering its 100th year after achieving its fourth-consecutive year of record-breaking growth in 2018, including deals signed, construction starts and new openings.
In 2018, the company grew its development pipeline to 364,000 rooms across 15 brands, with 184,000 rooms under construction. Hilton also achieved approximately seven-per-cent net-unit growth with the opening of more than 450 properties to surpass 5,600 properties globally.
Additionally, 2018 saw the company launch 2030 Goals, which include doubling its investment in social impact and cutting the company’s environmental footprint in half.
“Hilton was founded on the noble premise that travel can make the world a better place and 100 years into our journey, this premise still guides us today,” says Christopher J. Nassetta, president & CEO, Hilton. “We have big plans to continue to grow, innovate and positively impact the world around us and we expect that 2019 will be our best and most dynamic year yet.”
To celebrate its 100th-anniversary milestone, the company recently unveiled The Hilton Effect — a white paper that showcases the world-changing influence Hilton has had during the past century with guests, team members, communities and economies.
“During our first 100 years, we have served more than three billion guests and provided $1 trillion of economic impact through a phenomenon we call The Hilton Effect,” says Kevin Jacobs, CFO, Hilton. “2018 is a great example of how we used our scale and our commitment to hospitality to positively impact communities and economies across the globe. In addition to opening more than a hotel a day and achieving almost seven-per-cent net-unit growth, our team members volunteered more than 235,000 hours across 93 countries during our Global Week of Service.”
