Hilton Corporate Response to COVID-19
Hilton Worldwide Holdings Inc. (HLT)
Last hilton worldwide holdings inc. earnings: 2/11 06:00 am
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US:NYSE Investor Relations:
ir.hilton.com
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Source: Business Wire
MCLEAN, Va.--(BUSINESS WIRE)--The novel coronavirus (COVID-19) has created unprecedented challenges for our industry, our hotels and our Team Members. Hilton Worldwide Holdings Inc. (NYSE: HLT) is taking decisive action to protect the core of its business and support affected Team Members until this crisis passes and travel resumes.With travel at a virtual standstill, operations have been suspended across many managed and franchised hotels, and those hotels that remain open have reduced services for guests because of decreased occupancy levels. At the corporate level, Hilton is taking the following actions to significantly reduce expenses and preserve liquidity:President and CEO, Christopher Nassetta, will forgo his salary for the remainder of 2020;The Executive Committee will take a pay cut of 50 percent for the duration of the crisis;Beginning April 4, many of Hilton’s corporate Team Members will have reduced schedules or be furloughed for up to 90 days. During this time, these
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News
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- Hilton Worldwide Holdings Inc. (NYSE: HLT) had its price target raised by analysts at Barclays PLC from $243.00 to $268.00. They now have an "overweight" rating on the stock.MarketBeat
- Hilton Worldwide Holdings Inc. (NYSE: HLT) had its price target raised by analysts at JPMorgan Chase & Co. from $219.00 to $226.00. They now have a "neutral" rating on the stock.MarketBeat
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- Paris Hilton, Nicole Richie's parents admit they were 'wrong' to warn daughters against 'The Simple Life' [FOX News]FOX News
HLT
Earnings
- 10/23/24 - Beat
HLT
Sec Filings
- 12/17/24 - Form 4
- 12/16/24 - Form 144
- 12/13/24 - Form 8-K
- HLT's page on the SEC website