Latest news with #ChrisNassetta
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Business Standard
3 hours ago
- Business
- Business Standard
Hospitality giant Hilton to bring the Waldorf Astoria to Delhi's Aerocity
American hospitality chain Hilton on Wednesday announced the signing of two new hotels – the Waldorf Astoria and a Hilton Hotels and Resorts branded property in the capital in partnership with GMR Group-led Delhi International Airport Limited (DIAL). The greenfield projects are set to come up at Aerocity in the next three to five years. The luxury branded Waldorf Astoria property will feature 150 rooms and suites and large event spaces along with wellness amenities. This will be the company's second Waldorf Astoria branded property in the country after Jaipur, which is set to open in 2027. Meanwhile, the 350-room Hilton will be the first Hilton Hotels & Resorts property in New Delhi. 'The signings underscore Hilton's long-term commitment to India. As we continue to accelerate our growth in South Asia, these landmark properties and partnerships play a pivotal role in expanding Hilton's portfolio. This signing marks a significant step forward and reinforces our role in shaping the future of the Indian hospitality market,' Chris Nassetta, president and chief executive officer, Hilton, stated in a release. 'Partnering with Hilton reflects our continued commitment to bring world-class global brands to Aerocity, thereby positioning the facility as a force multiplier for Delhi's tourism and business economy,' said Kiran Kumar Grandhi, corporate chairman, GMR Group. Last month, the company had announced the launch of its luxury brand LXR Hotels & Resorts in India with a debut property in Bengaluru by 2026. Moreover, the company stated that it plans to open 29 new hotels and 5,252 keys in the country in the next five years. According to hospitality consultancy companies Hotelivate and Horwath, the branded hotel room count in the country is expected to grow to 300,000 by 2030. 'The introduction of Waldorf Astoria and our flagship Hilton Hotels & Resorts brand to GMR Aerocity marks a major milestone in our India growth strategy, bringing timeless luxury and modern hospitality to the capital. This signing is another step in our goal to grow our India portfolio to ten times its current size in the next decade, supported by vast infrastructure investment and increasing appetite for travel,' stated Alan Watts, president, Asia Pacific at Hilton. In an earlier interview to Business Standard, Watts had said the Waldorf Astoria brand is an important addition to the Indian market. 'The luxury market in India is very strong, and the brand (Waldorf Astoria) is recognised globally and holds importance not just for the domestic customer but also for the inbound consumer,' he had said.
CNBC
2 days ago
- Business
- CNBC
Hilton CEO on opening 150+ hotels: It'll be a really, really good year again
Chris Nassetta, Hilton Worldwide CEO, joins 'Squawk on the Street' to discuss Hilton's demand picture, the impact of tariffs and much more.
Hospitality Net
2 days ago
- Business
- Hospitality Net
Hilton's Luxury and Lifestyle Portfolios Reach 1,000th Hotel Milestone with Nearly 500 More Hotels in the Pipeline
Company expects to add three new luxury and lifestyle hotels per week in 2025 Hilton announces signing of NoMad Detroit in partnership with Ford Motor Company, bringing the luxury lifestyle brand to iconic Michigan Central Station MCLEAN, Va. – With recent openings in Paris, Cape Town, Dallas, Osaka, Costa Rica, Jordan, and more, Hilton's luxury and lifestyle brands have opened their 1,000th hotel globally. This milestone follows a record year of growth for Hilton, punctuated by strategic partnerships, acquisitions and nearly 100,000 rooms added to Hilton's portfolio. With almost 500 luxury and lifestyle hotels in the pipeline, including today's announcement for NoMad Detroit, Hilton continues to demonstrate the momentum and opportunity for its brands in this segment of the market. Our ultimate goal is to serve travelers for any stay occasion, anywhere in the world they want to be. Our luxury and lifestyle portfolios are an essential part of this strategy, and today we marked an important milestone as we strive to have the best hotel brands in these categories across the globe. We look forward to continuing to build on our momentum with the expected opening of three new luxury and lifestyle hotels per week this year. Chris Nassetta - President and CEO, Hilton In 2025, Hilton expects to add more than 150 luxury and lifestyle hotels around the world. Upcoming openings include the highly anticipated Waldorf Astoria New York, Waldorf Astoria Rabat Salé, Conrad Athens The Ilisian and Conrad Hamburg, the first LXR Hotels & Resorts in India, and the debut of Curio Collection by Hilton in Thailand, paving the way for the brand's 200th hotel milestone later this year. Recent openings have included Waldorf Astoria Costa Rica Punta Cacique; Waldorf Astoria Osaka; Sax Paris, LXR Hotels & Resorts; Signia by Hilton Amman; Canopy by Hilton Cape Town Longkloof; Tempo by Hilton Raleigh; and The Radical Asheville, Tapestry Collection by Hilton. Momentum for New Luxury and Lifestyle Signings Hilton so far this year has added more than 100 future luxury and lifestyle hotels to its development pipeline, building on the recent additions of the NoMad and Graduate by Hilton brands and the launch of a new exclusive partnership with Small Luxury Hotels of the World (SLH). Recent signings across this expanded portfolio include: NoMad: In recent weeks, Hilton announced the planned debut for NoMad in Singapore and today announced the signing of NoMad Detroit. This is in addition to more than 15 deals in various stages of development globally. NoMad Detroit will be housed within The Station at Michigan Central, a 30-acre tech and cultural hub and part of an ambitious effort to revitalize Detroit's historic, once-abandoned passenger rail station. In partnership with Ford Motor Company, NoMad's careful renovation of The Station will connect the rich history and diverse innovation ecosystem of Michigan Central Station and the City of Detroit with NoMad's global spirit. In recent weeks, Hilton announced the planned debut for NoMad in Singapore and today announced the signing of NoMad Detroit. This is in addition to more than 15 deals in various stages of development globally. NoMad Detroit will be housed within The Station at Michigan Central, a 30-acre tech and cultural hub and part of an ambitious effort to revitalize Detroit's historic, once-abandoned passenger rail station. In partnership with Ford Motor Company, NoMad's careful renovation of The Station will connect the rich history and diverse innovation ecosystem of Michigan Central Station and the City of Detroit with NoMad's global spirit. Graduate by Hilton : New hotels are planned in markets including Boulder, Colorado, and Syracuse, New York, in close proximity to major universities, with more than 50 additional deals in various stages of development. Among these projects are plans to expand the brand beyond the United States and United Kingdom to university-anchored towns around the world. : New hotels are planned in markets including Boulder, Colorado, and Syracuse, New York, in close proximity to major universities, with more than 50 additional deals in various stages of development. Among these projects are plans to expand the brand beyond the United States and United Kingdom to university-anchored towns around the world. Small Luxury Hotels of the World: Hilton's exclusive partnership with Small Luxury Hotels of the World expanded this year, with 50 additional hotels recently added, bringing the number of unique, individual SLH properties now available to Hilton guests to approximately 450. Additions this year include Nobu Hotel Warsaw, Dylan Hotel, Dublin in Ireland, VISTA Lago di Como and Namia River Retreat in Vietnam. Other recent signings across Hilton's luxury and lifestyle brands include new Waldorf Astoria properties in Turks and Caicos and Texas Hill Country; an LXR Hotels & Resorts property in Hiroshima, Japan; the first Signia by Hilton hotels announced in Asia and Africa; the international expansion of Tempo by Hilton, with debuts planned in Canada and EMEA; and entries for the Canopy by Hilton brand in Tokyo and Italy. To learn more about Hilton's growing portfolio, visit Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to our expectations regarding the performance of our business, future financial results, liquidity and capital resources and other non-historical statements. In some cases, you can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "forecasts," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties including, among others, risks inherent to the hospitality industry; macroeconomic factors beyond our control, such as inflation, changes in interest rates, challenges due to labor shortages or disputes and supply chain disruptions; the loss of key senior management personnel; competition for hotel guests and management and franchise contracts; risks related to doing business with third-party hotel owners; performance of our information technology systems; growth of reservation channels outside of our system; risks of doing business outside of the U.S.; risks associated with conflicts in Eastern Europe and the Middle East; uncertainty resulting from U.S. and global political trends, tariffs and other policies, including potential barriers to travel, trade and immigration and other geopolitical events; and our indebtedness. Additional factors that could cause our results to differ materially from those described in the forward-looking statements can be found under the section entitled "Part I—Item 1A. Risk Factors" of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, which is filed with the Securities and Exchange Commission (the "SEC") and is accessible on the SEC's website at Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. About Hilton Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 24 world-class brands comprising more than 7,600 properties and nearly 1.2 million rooms, in 126 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed over 3 billion guests in its more than 100-year history, was named the No. 1 World's Best Workplace by Great Place to Work and Fortune and has been recognized as a global leader on the Dow Jones Sustainability Indices for seven consecutive years. Hilton has introduced industry-leading technology enhancements to improve the guest experience, including Digital Key Share, automated complimentary room upgrades and the ability to book confirmed connecting rooms. Through the award-winning guest loyalty program Hilton Honors, the nearly 190 million Hilton Honors members who book directly with Hilton can earn Points for hotel stays and experiences money can't buy. With the free Hilton Honors app, guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. Visit for more information, and connect with Hilton on Facebook, Twitter, LinkedIn, Instagram and YouTube.
Business Wire
2 days ago
- Business
- Business Wire
Hilton's Luxury and Lifestyle Portfolios Reach 1,000th Hotel Milestone with Nearly 500 More Hotels in the Pipeline
MCLEAN, Va.--(BUSINESS WIRE)--With recent openings in Paris, Cape Town, Dallas, Osaka, Costa Rica, Jordan, and more, Hilton's luxury and lifestyle brands have opened their 1,000 th hotel globally. This milestone follows a record year of growth for Hilton, punctuated by strategic partnerships, acquisitions and nearly 100,000 rooms added to Hilton's portfolio. With almost 500 luxury and lifestyle hotels in the pipeline, including today's announcement for NoMad Detroit, Hilton continues to demonstrate the momentum and opportunity for its brands in this segment of the market. With almost 500 luxury and lifestyle hotels in the pipeline, including today's announcement for NoMad Detroit, Hilton continues to demonstrate the momentum and opportunity for its brands in this segment of the market. Share 'Our ultimate goal is to serve travelers for any stay occasion, anywhere in the world they want to be,' said Chris Nassetta, president and CEO, Hilton. 'Our luxury and lifestyle portfolios are an essential part of this strategy, and today we marked an important milestone as we strive to have the best hotel brands in these categories across the globe. We look forward to continuing to build on our momentum with the expected opening of three new luxury and lifestyle hotels per week this year.' In 2025, Hilton expects to add more than 150 luxury and lifestyle hotels around the world. Upcoming openings include the highly anticipated Waldorf Astoria New York, Waldorf Astoria Rabat Salé, Conrad Athens The Ilisian and Conrad Hamburg, the first LXR Hotels & Resorts in India, and the debut of Curio Collection by Hilton in Thailand, paving the way for the brand's 200 th hotel milestone later this year. Recent openings have included Waldorf Astoria Costa Rica Punta Cacique; Waldorf Astoria Osaka; Sax Paris, LXR Hotels & Resorts; Signia by Hilton Amman; Canopy by Hilton Cape Town Longkloof; Tempo by Hilton Raleigh; and The Radical Asheville, Tapestry Collection by Hilton. Momentum for New Luxury and Lifestyle Signings Hilton so far this year has added more than 100 future luxury and lifestyle hotels to its development pipeline, building on the recent additions of the NoMad and Graduate by Hilton brands and the launch of a new exclusive partnership with Small Luxury Hotels of the World (SLH). Recent signings across this expanded portfolio include: NoMad: In recent weeks, Hilton announced the planned debut for NoMad in Singapore and today announced the signing of NoMad Detroit. This is in addition to more than 15 deals in various stages of development globally. NoMad Detroit will be housed within The Station at Michigan Central, a 30-acre tech and cultural hub and part of an ambitious effort to revitalize Detroit's historic, once-abandoned passenger rail station. In partnership with Ford Motor Company, NoMad's careful renovation of The Station will connect the rich history and diverse innovation ecosystem of Michigan Central Station and the City of Detroit with NoMad's global spirit. Graduate by Hilton: New hotels are planned in markets including Boulder, Colorado, and Syracuse, New York, in close proximity to major universities, with more than 50 additional deals in various stages of development. Among these projects are plans to expand the brand beyond the United States and United Kingdom to university-anchored towns around the world. Small Luxury Hotels of the World: Hilton's exclusive partnership with Small Luxury Hotels of the World expanded this year, with 50 additional hotels recently added, bringing the number of unique, individual SLH properties now available to Hilton guests to approximately 450. Additions this year include Nobu Hotel Warsaw, Dylan Hotel, Dublin in Ireland, VISTA Lago di Como and Namia River Retreat in Vietnam. Other recent signings across Hilton's luxury and lifestyle brands include new Waldorf Astoria properties in Turks and Caicos and Texas Hill Country; an LXR Hotels & Resorts property in Hiroshima, Japan; the first Signia by Hilton hotels announced in Asia and Africa; the international expansion of Tempo by Hilton, with debuts planned in Canada and EMEA; and entries for the Canopy by Hilton brand in Tokyo and Italy. To learn more about Hilton's growing portfolio, visit About Hilton Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 24 world-class brands comprising more than 8,600 properties and nearly 1.3 million rooms, in 139 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed over 3 billion guests in its more than 100-year history, was named the No. 1 World's Best Workplace by Great Place to Work and Fortune and has been recognized as a global leader on the Dow Jones Sustainability Indices. Hilton has introduced industry-leading technology enhancements to improve the guest experience, including Digital Key Share, automated complimentary room upgrades and the ability to book confirmed connecting rooms. Through the award-winning guest loyalty program Hilton Honors, the more than 218 million Hilton Honors members who book directly with Hilton can earn Points for hotel stays and experiences money can't buy. With the free Hilton Honors app, guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. Visit for more information, and connect with Hilton on Facebook, X, LinkedIn, Instagram and YouTube. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to our expectations regarding the performance of our business, future financial results, liquidity and capital resources and other non-historical statements. In some cases, you can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "forecasts," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties including, among others, risks inherent to the hospitality industry; macroeconomic factors beyond our control, such as inflation, changes in interest rates, challenges due to labor shortages or disputes and supply chain disruptions; the loss of key senior management personnel; competition for hotel guests and management and franchise contracts; risks related to doing business with third-party hotel owners; performance of our information technology systems; growth of reservation channels outside of our system; risks of doing business outside of the U.S.; risks associated with conflicts in Eastern Europe and the Middle East; uncertainty resulting from U.S. and global political trends, tariffs and other policies, including potential barriers to travel, trade and immigration and other geopolitical events; and our indebtedness. Additional factors that could cause our results to differ materially from those described in the forward-looking statements can be found under the section entitled "Part I—Item 1A. Risk Factors" of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, which is filed with the Securities and Exchange Commission (the "SEC") and is accessible on the SEC's website at Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
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Business Standard
06-05-2025
- Business
- Business Standard
Hilton to debut LXR in Bengaluru, double India portfolio in 5 years
Global hospitality giant Hilton is set to launch its luxury LXR Hotels & Resorts brand in India, with a debut property in Bengaluru by 2026. The group also plans to open 29 new hotels nationwide over the next five years, in a bid to double its brand presence in India. 'India is a critical part of Hilton's global growth strategy. As one of the world's largest and most dynamic markets, it represents a major opportunity across brand segments — from luxury to premium economy,' said Chris Nassetta, President and Chief Executive Officer at Hilton. At its first-ever brand showcase organised on Tuesday, the company featured ten of its brands, including trading hotels like Conrad Hotels & Resorts and DoubleTree by Hilton, as well as soon-to-debut brands like Waldorf Astoria Hotels & Resorts and LXR Hotels & Resorts. The showcase also included its lifestyle brand Curio Collection and focused service brand Spark. DoubleTree by Hilton currently stands as the company's largest brand in India, with 11 operational hotels and 12 more under development in cities such as Siliguri, Bhopal, Kochi and Chandigarh. In 2025, the company will also open its first Spark-branded property in the country, joining over 130 Spark hotels worldwide. Additionally, new Hampton-branded hotels are set to open across Gujarat, Rajasthan, Punjab and Bihar. 'India is a huge nugget of opportunity. Domestic tourism in the country has seen a significant rise, supported by improved infrastructure — well-connected highways, new privatised airports and commercial developments,' Clarence Tan, Senior Vice-President, Development, Asia Pacific at Hilton, told Business Standard. 'On the international front, foreign tourist inflow is poised to grow, driven by business travel and enabled by policies like e-visas,' Tan added. Tan noted that India remains a nascent market for Hilton, while China leads with over 800 hotels in the Asia-Pacific region. Hilton has more than 8,600 properties globally and nearly 1.3 million rooms across 139 countries and territories. In India, it currently operates 32 trading hotels with over 4,000 rooms.
