Hilton news roundup: Hilton reports annual revenue of $769 million in 2018

by | Mar 11, 2019 | Chains

From 2018 results to recent accolades and top employer rankings, we look at a summary of Hilton’s latest news

Hilton reports fourth-quarter and full-year results; exceeds expectations

The numbers are in for Hilton’s final three months of 2018, as well as for the full year, to give an overview of their performance in 2018.

The stats are looking good for the hotel giant, whose net income for the final quarter clocked in at $225m and $769m for the full year, exceeding expectations.

Revenue per available room (RevPAR) was also up 2% and 3% for the fourth quarter and full year respectively, while their development pipeline soared to more than 364,000 rooms in 2018, up 6% on the previous year.

Hilton honoured at MicroStrategy World 2019

The MicroStrategy Customer Awards celebrate market leaders for excellent use of analytics to achieve significant ROI, and Hilton recently received one of their awards.

As it celebrates 100 years, the hotel group is one of the most forward-thinking in the hospitality industry and has become a trailblazer when using data to enhance its guest experience.

In partnership with MicroStrategy, Hilton developed a strategy to analyse unique brands metrics and measure their performance.

Hilton ranked top place to work in the U.S.A. by employees

For the fourth year in a row, Hilton has been voted one of the best places to work. This year though, it made it to the top spot of the 2019 Fortune Best Companies to Work for in the US, becoming the first hospitality organisation to do so.

“Our #1 ranking affirms the work we are doing together to provide our team members with meaningful roles that allow them to grow their careers. We are truly honoured to be recognized as the best company to work for and will preserve our unwavering commitment to providing all of our Team Members with a place where they can come to work, stay and thrive,” said Matthew W. Schuyler, chief human resources officer for Hilton.

Celebrating Hilton’s Masters of F&B

Southeast Asia’s F&B Masters were crowned recently, as Hilton announced the winners of the competition, which was held at the Hilton Kota Kinabalu.

Contestants came from over 40 Hilton properties across the region and competed in categories which included barista, culinary, F&B photography, mixology, dessert and sommelier.

This year the new F&B photography challenge was launched in a bid to encourage digital interaction with the brand’s dining venues.

Here is a TOPHOTELCONSTRUCTION infographic detailing the global Hilton pipeline.

 

Let’s take a look at a few other projects currently underway by Hilton:

 

Hilton Riyadh Hotel & Residences 

 

Hilton Dubai World Central, Dubai South 

 

Conrad New York Midtown 

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