
DoubleTree by Hilton is an upscale full-service hotel brand of Hilton Worldwide Holdings Inc. (NYSE: HLT). Launched in 1969 in Scottsdale, Arizona, it runs more than 600 hotels worldwide and is famous for greeting guests with a warm chocolate chip cookie.
Parent Company
Founded
1969
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| DoubleTree by Hilton | Hilton Worldwide Holdings Inc. | Wholly owned |
Hilton's upscale full-service brand launched in 1969, famous for its warm chocolate chip cookie welcome.
What does Hilton own?
Hilton operates 24 hotel brands including Waldorf Astoria, Conrad, Hilton Hotels & Resorts, DoubleTree, Embassy Suites, Hampton by Hilton, Hilton Garden Inn, Tru by Hilton, Homewood Suites, Home2 Suites, Spark by Hilton, and others. The company operates over 8,000 properties in 126 countries. Most properties are franchised, meaning they are owned by independent hotel owners who pay Hilton to operate under its brands.
Is Hilton publicly traded?
Yes, Hilton Worldwide Holdings Inc. trades on the New York Stock Exchange under the ticker symbol HLT. The company went public in December 2013 after being taken private by Blackstone Group in 2007. Blackstone fully exited its position by 2018. There is no controlling shareholder, with ownership distributed among institutional investors.
Who founded Hilton?
Conrad Hilton founded the company in 1919 when he purchased the Mobley Hotel in Cisco, Texas, for $40,000. He had originally traveled to Cisco to buy a bank but bought the hotel when the bank deal fell through. Conrad Hilton built the company into one of the world's largest hotel chains, acquiring iconic properties including the Waldorf-Astoria in 1949.
Where is Hilton headquartered?
Hilton is headquartered in McLean, Virginia, USA, near Washington, D.C. The company moved its headquarters to McLean as part of its transformation under Blackstone ownership. Regional offices support franchise operations in major markets globally.
How many brands does Hilton own?
Hilton owns 24 hotel brands across all hospitality segments. These include luxury brands (Waldorf Astoria, Conrad, LXR), lifestyle brands (Canopy, Curio Collection, Tapestry Collection, Tempo, Motto), full-service brands (Hilton, DoubleTree, Embassy Suites, Signia), focused-service brands (Hilton Garden Inn, Hampton, Tru), extended-stay brands (Homewood Suites, Home2 Suites), and economy brands (Spark by Hilton).
Who owns Hilton?
Hilton is publicly owned with no controlling shareholder. Major institutional holders include Vanguard Group, BlackRock, and State Street Corporation, according to SEC 13F filings. The company has a single class of common stock with equal voting rights. Blackstone Group, which acquired Hilton in 2007 for $26 billion, fully exited its position by 2018.
What is Hilton's revenue?
Hilton reported $12.1 billion in total revenue for FY2025. Revenue is primarily generated through franchise fees and management fees rather than hotel room revenue, reflecting the asset-light business model. The company's adjusted EBITDA for FY2025 was approximately $3.2 billion. Net unit growth was approximately 6.5%, with approximately 700 hotels added during the year.
What is Hilton Honors?
Hilton Honors is Hilton's loyalty program, with over 200 million members. Members earn points for stays at Hilton properties and can redeem them for free nights, room upgrades, and other rewards. The program drives direct bookings and reduces Hilton's dependence on online travel agencies. Hilton maintains co-branded credit card partnerships with American Express.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Marriott International | USA | 1983 | Mass market | Global | All Genders | |
| Marriott International | USA | 1987 | Mass market | Global | All Genders | |
| Marriott International | USA | 1977 | Premium | United states | All Genders | |
| Loews | USA | 1946 | Premium | United states | All Genders | |
| Marriott International | USA | 1957 | Premium | Global | All Genders | |
| Marriott International | South Africa | 1984 | Mass market | Regional | All Genders |
Travel HospitalityOwned by Marriott International
Select-service hotel brand launched by Marriott in 1983, operating approximately 1,300 properties worldwide for business travelers.
Travel HospitalityOwned by Marriott International
Economy select-service hotel brand launched by Marriott in 1987, operating approximately 1,300 properties focused on consistent value.
Travel HospitalityOwned by Marriott International
Resort and convention hotel brand known for massive atrium properties, acquired by Marriott in 2012 and owned in partnership with Ryman Hospitality.
Travel HospitalityOwned by Loews Corporation
Luxury hotel brand owned by Loews Corporation, operating upper-upscale and resort properties across the United States.
Travel HospitalityOwned by Marriott International
Flagship premium hotel brand of Marriott International, operating approximately 600 full-service hotels worldwide since 1957.
Travel HospitalityOwned by Marriott International
Africa's largest hotel brand, founded in South Africa in 1984 and acquired by Marriott International in 2014.
Market Positioning: DoubleTree by Hilton competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Looking for brands with different ownership structures? These similar brands are not owned by Hilton Worldwide Holdings Inc., giving you alternative choices that support different corporate structures.
Travel HospitalityOwned by Kerzner International Holdings Limited
Luxury integrated resort brand operating properties in the Bahamas, Dubai, and China under two separate ownership structures, with new resorts announced for the Maldives and Saudi Arabia.
Atlantis Resorts is privately owned, unlike DoubleTree by Hilton which is under a publicly traded parent company.
Travel HospitalityOwned by FINNS Bali Group
Beachfront entertainment venue in Canggu, Bali, known for infinity pools, dining, and sunset events. Operated by PT Pantai Semara Nusantara.
Finns Beach Club is privately owned, unlike DoubleTree by Hilton which is under a publicly traded parent company.
Travel HospitalityOwned by Kingdom Hospitality, LLC
Full-service short-term rental and vacation property management company founded by Tim Venus in 2021 and headquartered in Sheboygan, Wisconsin, serving owners across multiple US markets.
Kingdom Hospitality is privately owned, unlike DoubleTree by Hilton which is under a publicly traded parent company.
Travel HospitalityOwned by Tata Group
India's flagship luxury hotel brand, operated by Indian Hotels Company Limited (IHCL), a subsidiary of Tata Group. One of the most recognized luxury hospitality brands in Asia with approximately 350 hotels globally.
Taj Hotels is privately owned, unlike DoubleTree by Hilton which is under a publicly traded parent company.
Travel HospitalityOwned by Kerzner International Holdings Limited
Former hotel tower at Atlantis Paradise Island that was closed in 2021 and acquired by Pharrell Williams for redevelopment into Somewhere Else hotel.
The Beach Tower is privately owned, unlike DoubleTree by Hilton which is under a publicly traded parent company.
Travel HospitalityOwned by Ritz Hotel (London) Limited
Iconic five-star luxury hotel on Piccadilly in London, founded by Cesar Ritz in 1906 and privately owned by Qatari businessman Abdulhadi Mana Al-Hajri since March 2020.
The Ritz London is privately owned, unlike DoubleTree by Hilton which is under a publicly traded parent company.
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