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With a market cap of $59.3 billion, Hilton Worldwide Holdings Inc. (HLT) is a hospitality company that engages in managing, franchising, owning, and leasing hotels and resorts. Founded in 1919, the McLean, Virginia-based company operates in two segments, Management and Franchise, and Ownership.
Companies worth $10 billion or more are generally described as "large-cap stocks." HLT fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the lodging industry. Hilton boasts a comprehensive range of 24 distinct brands, encompassing luxury, lifestyle, full-service, and budget segments.