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Hilton Hotels & Resorts Returns to Melbourne – Hospitality Net
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Hilton Hotels & Resorts Returns to Melbourne – Hospitality Net
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HOMBRE1 | Hilton Introduces Innovative Work Solutions Across the Caribbean And Latin America
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The Covid-19 pandemic has had an extraordinary impact on the global hospitality industry yet Hilton saw continued growth and development across all categories and brands in 2020. The company recently shared that it surpassed its one million rooms milestone in the fourth quarter and achieved 5.1 percent net unit growth for the full year.
Three areas have especially helped drive the company’s growth and performance throughout the past 12 months: conversion signings and new hotel openings, outsized demand for extended stay properties in drive-to leisure markets, and frequent updates to its guest loyalty program, Hilton Honors. Here, we dig deeper into why Hilton is well positioned to emerge stronger than ever from this crisis.
Hilton Worldwide Holdings Inc (HLT) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Hilton Worldwide Holdings Inc (NYSE: HLT)
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Operator
Good morning, and welcome to the Hilton Fourth Quarter and Full Year 2020 Earnings Conference Call. [Operator Instructions] [Operator Instructions]
I would now like to turn the conference over to Jill Slattery, Vice President, Investor Relations. Please go ahead.
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company s SEC filings. Please see our