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With a market cap of $64.8 billion, Hilton Worldwide Holdings Inc. (HLT) is a leading global hospitality company that owns, manages, franchises, and develops hotels and resorts. It operates in two main segments: Management & Franchise, which includes managed and franchised hotels, and Ownership, which covers company-owned and leased properties.
Shares of the McLean, Virginia-based company have outperformed the broader market over the past 52 weeks. HLT has surged nearly 38% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 22.3%. Moreover, shares of HLT are up 7.6% on a YTD basis, compared to SPX’s nearly 4% gain.