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McLean, Virginia-based Hilton Worldwide Holdings Inc. (HLT) operates as one of the largest hospitality companies in the world. It owns, leases, manages, develops, and franchises hotels and resorts. With a market cap of $59.5 billion, Hilton operates through Management and Franchise and Ownership segments.
Companies worth $10 billion or more are generally described as “large-cap stocks,” Hilton fits the bill perfectly. The company operates over 8,400 properties spread across 140 countries and territories worldwide. Given its extensive operations, Hilton’s valuation above this mark is unsurprising.