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HILTON WORLDWIDE

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Opening: Canopy by Hilton Washington D.C., The Wharf

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10/12/2017 | 05:00pm EST

Opening: Canopy by Hilton Washington D.C., The Wharf

October 12, 2017 | This information originated in America English.

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WASHINGTON, D.C. - Canopy by Hilton, Hilton's lifestyle hotel brand, will officially open the brand's first North American property, Canopy by Hilton Washington D.C., The Wharf on Monday, October 16. Set on the Potomac River, The Wharf is home to some of D.C.'s most anticipated new restaurants, year-round entertainment and waterfront accommodations.

The property's 175 guestrooms and rooftop bar and lounge, Whiskey Charlie, are part of Hoffman-Madison Waterfront's $2.5 billion, world-class mixed-use waterfront neighborhood in Southwest Washington, D.C. The Wharf is designed to be the capitol city's destination and waterfront community. Canopy by Hilton Washington D.C., The Wharf is inspired and influenced by its local surroundings. An extension of The Wharf, the new Canopy property offers guests a thoughtfully-curated, locally-inspired experience representative of Washington, D.C.'s newest neighborhood.

Canopy by Hilton Washington D.C., The Wharf offers tiered variations of 175 'Just Right' rooms with sweeping riverfront or city views. Guestrooms are thoughtfully designed for comfort and function with local influences. The distinctive interiors include nautical touches inspired by the history and beauty of the riverfront. Warm gray and beige tones create a relaxing atmosphere along with a splash of orange, Canopy's signature color. Guests will also experience contemporary bathrooms with illuminated mirrors and a luxurious shower experience. Other guest amenities include 55' TVs, refrigerated drawers, Nespresso machines and plenty of places to charge tech devices.

Each location in the Canopy by Hilton pipeline has been thoughtfully selected with the inquisitive traveler in mind, targeting vibrant, culturally rich neighborhoods in select cities around the world. The 10-story hotel is Canopy's first hotel to open in the Americas. The buzzing neighborhood, where D.C. meets the water, features a combination of residential, commercial and hospitality venues, and offers a wide range of recreational activities on its four public piers, from a seasonal ice rink on a pier to kayak and paddleboard rentals to 'The Torch' fire feature and swings. To explore the local neighborhood, Canopy bikes will be available for guests to use during their stay. New water taxis transport Wharf visitors up and down the Potomac to various waterfront locations including Georgetown and Alexandria, with a future stop at National Harbor. The new free Southwest Shuttle bus service takes visitors from The Wharf to L'Enfant Metro, the National Mall and L'Enfant Plaza Retail.

The Canopy brand was created after several years of consumer research and this fall, guests living in or visiting Washington, D.C. will finally be able to experience Canopy by Hilton firsthand. At Canopy, every guest will experience an energetic, thoughtfully-local stay. This experience begins before check-in at Canopy Central, where travelers unwind in an open, welcoming lobby with complimentary Wi-Fi and a nightly tasting of locally-sourced brews, wine and spirits. Post check-in, guests will enjoy the efficient design of their 'Just Right' room, providing the highest level of comfort. Guests can also tap Canopy Enthusiasts - or local experts - for their local know-how such as recommendations on the best restaurants and excursions in the neighborhood.

For more information about Canopy by Hilton, visit canopybyhilton.com or press.canopybyhilton.com or on Facebook, Instagram, Pinterest or Twitter using the hashtag #PositivelyYours to explore fresh, forward thinking in travel, design and wellness.

Hilton Worldwide Holdings Inc. published this content on 12 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 October 2017 20:59:06 UTC.

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Financials ($)
Sales 2019 9 569 M
EBIT 2019 1 738 M
Net income 2019 940 M
Debt 2019 7 271 M
Yield 2019 0,81%
P/E ratio 2019 24,96
P/E ratio 2020 21,31
EV / Sales 2019 3,25x
EV / Sales 2020 3,08x
Capitalization 23 835 M
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 87,3 $
Spread / Average Target 7,3%
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Managers
NameTitle
Christopher J. Nassetta President, Chief Executive Officer & Director
Jonathan D. Gray Non-Executive Chairman
Kevin J. Jacobs Chief Financial Officer & Executive Vice President
Noelle K. Eder Chief Information & Digital Officer
John G. Schreiber Independent Director
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