MCLEAN, Virginia—In a yr when Hilton introduced new partnerships and acquisitions and developed lodges worldwide, the corporate set information for development. Hilton added 973 lodges and practically 100,000 rooms in 2024, the only largest enhance in rooms in Hilton’s greater than 100-year historical past, attaining internet unit development of seven.3 p.c.

Hilton additionally strengthened its growth pipeline, signing greater than 1,430 lodges representing 154,000 rooms in 2024. The corporate’s pipeline now stands at roughly 3,600 lodges totaling greater than 498,500 rooms, a year-over-year enhance of 8 p.c in pipeline rooms.

In 2024, development began on 88,500 rooms, excluding acquisitions and partnerships, the best stage of development begins in Hilton’s historical past. Hilton continues to have extra new rooms below development with roughly one in each 5 resort rooms below development globally slated to affix the corporate’s portfolio.

“We’re extremely pleased with our development final yr, pushed by the efficiency of our manufacturers and our workforce’s dedication to delivering the easiest stays for our company and spectacular returns for house owners,” stated Chris Nassetta, president and CEO, Hilton. “Given the power of our industrial engines, household of manufacturers, and world community, we proceed to be ok with our development this yr. Our growth pipeline and development begins are strengthening all over the world, and demand for journey stays sturdy, resulting in elevated confidence in our expectations for internet unit development of 6-7 p.c in 2025.”

Hilton’s development has been supported by quite a lot of world milestones:

• Way of life manufacturers Graduate by Hilton and NoMad joined Hilton’s portfolio within the spring of 2024, increasing Hilton’s growth alternatives in college communities and rising markets all over the world.
• The launch of an unique partnership with Small Luxurious Accommodations of the World (SLH) added a whole lot of impartial lodges to Hilton’s luxurious portfolio, which continues to be anchored by the Waldorf Astoria Accommodations & Resorts, Conrad Accommodations & Resorts, LXR Accommodations & Resorts, and Signia by Hilton manufacturers. With greater than 500 lodges worldwide, Hilton’s luxurious portfolio has extra marquee openings slated for this yr together with Waldorf Astoria New York, Waldorf Astoria Costa Rica Punta Cacique, Waldorf Astoria Shanghai Qiantan, Waldorf Astoria Osaka, Waldorf Astoria Morocco Rabat Sale, Conrad Hamburg, Conrad Athens, and Signia by Hilton Amman.
• Spark by Hilton opened its first resort in September 2023 and has now surpassed 100 buying and selling lodges, together with places in the UK, Canada, and Austria, with plans to additional increase the model in new markets all over the world.
• Lengthy-stay model LivSmart Studios by Hilton, launched in 2024, expects to open its first resort this summer time in Kokomo, Indiana, with a whole lot extra in numerous levels of negotiation.

“Our diversified and strategic method to growth continues to generate sturdy development, bringing us nearer to our objective of serving any visitor, for any keep event, wherever on this planet,” stated Kevin Jacobs, CFO and president, world growth, Hilton. “Signings and development begins elevated meaningfully in 2024, giving us nice momentum heading into the brand new yr. With roughly half one million rooms in our growth pipeline, coupled with favorable provide and demand fundamentals extra broadly and a rising world center class, we’re assured in our capability to ship sustained development in 2025 and past.”

Hilton has greater than 8,400 properties buying and selling worldwide. The corporate debuted its manufacturers in a number of new markets in 2024, together with Paraguay, Nepal, and Bonaire, bringing the whole variety of international locations and territories the place Hilton operates to 140. Hilton additionally welcomed greater than 224 million company to its properties final yr, greater than any yr in its historical past.