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MarketScreener Homepage  >  Equities  >  Nyse  >  Hilton Worldwide Holdings Inc.    HLT

HILTON WORLDWIDE HOLDINGS INC.

(HLT)
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Hilton Worldwide : to Provide Scholarship Opportunities for Timor-Leste Nationals in New Zealand

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01/17/2020 | 09:47am EST

DILI, Timor-Leste - Hilton Dili Palm Springs today announces its partnership with the New Zealand Embassy based in Dili, Timor-Leste to provide short-term training scholarships to selected Timor-Leste citizens. The selected participants will be trained in Hilton-managed hotels in New Zealand.

Funded by the New Zealand government, six team members from Timor-Leste have been given the opportunity to undergo a six-month training program to enhance their English language skills and join a Hilton property in New Zealand to receive on-the-job hospitality skills training.

The program aims to equip the six individuals with industry skills and knowledge, empowering them to return home with international-level experience and share their expertise and experience with other new team members of Hilton Dili Palm Springs. Each of them will spend the half year at a Hilton hotel in Queenstown or Taupo, working in departments ranging from Front Office and Kitchen to Commercial, Housekeeping and Engineering.

The training program will commence on 3 February 2020 and run until July 2020. Following the completion of the program, the team members will return to Hilton Dili Palm Springs to commence full-time employment with the hotel.

When it opens in 2020, Hilton Dili Palm Springs will be the first internationally branded hotel to open in Timor-Leste.

'It is an amazing opportunity to be able to partner with the New Zealand Embassy in Timor-Leste and our hotels in New Zealand to run such an incredible program. The program is shaped to enable our new team members to be immersed in a different culture, develop new skills at an international level and learn first-hand about our Hilton values and culture.

On returning home for the opening of the hotel, these team members will be our brand ambassadors and mentors to their new fellow team members. We are confident they will enable us to deliver exceptional guest experiences and support the development of hospitality and tourism in Timor-Leste,' said Ryan Mikkelson, General Manager, Hilton Dili Palm Springs.

To find out more about this program, please refer to New Zealand Government Scholarship program.

About Hilton Dili Palm Springs

Hilton Dili Palm Springs, will be the first international hotel in Timor-Leste and is scheduled to open in mid-2020. Situated in Dili's embassy and business district, the hotel looks out over the tropical mountains and sparkling ocean of the north coast. With an elegant design and locally influenced decor, the hotel offers a relaxing escape for business and leisure travelers alike. The hotel features a choice of 150 sophisticated rooms and suites with Timorese decor and private balconies, 4 distinctive dining venues, 8 dedicated meeting and event spaces featuring a rooftop event space with natural light and views of the mountain, Executive Lounge, outside pool and deck, fitness centre and Pilates studio. To find out more about the hotel, please visit www.dilipalmsprings.hilton.com or follow us on Facebook, Twitter, or Instagram.

About Hilton Hotels & Resorts

For 100 years, Hilton Hotels & Resorts has set the benchmark for hospitality around the world, providing new product innovations and services to meet guests' evolving needs. With 585 hotels across six continents, Hilton Hotels & Resorts properties are located in the world's most sought-after destinations for guests who know that where they stay matters. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits. Begin your journey at www.hiltonhotels.com, and learn more by visiting newsroom.hilton.com/hhr and following Hilton Hotels & Resorts on Facebook, Twitter, and Instagram.

About Hilton

Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 17 world-class brands comprising nearly 6,000 properties with more than 954,000 rooms, in 117 countries and territories. Dedicated to fulfilling its mission to be the world's most hospitable company, Hilton earned a spot on the 2019 World's Best Workplaces list, and has welcomed more than 3 billion guests in its 100-year history. Through the award-winning guest loyalty program Hilton Honors, more than 100 million members who book directly with Hilton can earn Points for hotel stays and experiences money can't buy, plus enjoy instant benefits, including digital check-in with room selection, Digital Key, and Connected Room. Visit newsroom.hilton.com for more information, and connect with Hilton on Facebook, Twitter, LinkedIn, Instagram and YouTube.

CONTACT

Louise Kitchingham

Hilton Dili Palm Springs

+670 777 800 34

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2020 9 888 M
EBIT 2020 1 819 M
Net income 2020 965 M
Debt 2020 7 825 M
Yield 2020 0,63%
P/E ratio 2020 27,7x
P/E ratio 2021 23,3x
EV / Sales2020 3,57x
EV / Sales2021 3,41x
Capitalization 27 434 M
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 115,84  $
Last Close Price 98,88  $
Spread / Highest target 31,5%
Spread / Average Target 17,2%
Spread / Lowest Target -1,90%
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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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