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
Company Research
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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- Blackstone strikes $8 billion deal for sandwich chain Jersey Mike's Subs, Reuters reports [CNBC]CNBC
- Jersey Mike's to Partner with Blackstone to Accelerate Leading Franchisor's Continued Growth [Yahoo! Finance]Yahoo! Finance
HLT
Earnings
- 10/23/24 - Beat
HLT
Sec Filings
- 10/25/24 - Form 4
- 10/24/24 - Form 144
- 10/23/24 - Form 10-Q
- HLT's page on the SEC website