Business Wire

NV-HILTON

18.6.2021 15:09:10 CEST | Business Wire | Press release

Share
Hilton Doubles Down on Las Vegas Growth with Rapidly Expanding Portfolio and Grand Return to the Strip

After revolutionizing the Las Vegas hospitality experience decades ago, Hilton is building on its storied legacy in time for the return to travel by almost doubling its presence in the sought-after global destination over the past three years.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210618005335/en/

The company is slated to have more than 30 hotels and over 11,000 rooms across 12 brands in the market by the end of 2021. On the heels of Virgin Hotels Las Vegas, Curio Collection by Hilton’ s June opening celebration, and just weeks before the anticipated debut of Conrad Hotels & Resorts, LXR Hotels & Resorts and Hilton Hotels & Resorts at the integrated Resorts World Las Vegas complex, Hilton is making an epic return to this top-tier travel destination, bringing new premium and luxury brands to the Strip.

“Hilton helped create the Las Vegas we know today – the entertainment capital of the world grew as we invested in unparalleled hotels, dining, entertainment and design,” said Hilton President and CEO Chris Nassetta. “Now we are raising the bar again, offering brands for any style of travel with a renewed focus on premium and luxury hotels. Las Vegas has been an especially bright spot in our global growth strategy, and we are excited to open thousands of rooms there just as people begin traveling again.”

Hilton has committed to continue its expansion in the market with a pipeline of seven hotels and nearly 4,000 rooms across five brands, which will increase its footprint by more than 50% by 2023. This adds to the company’s development pipeline of more than 2,570 hotels around the world* and 105 new hotels totalling more than 16,500 rooms opened in the first quarter, along with achieving strong net unit growth of 5.8%.

Hilton has a storied history in Las Vegas with the former Las Vegas Hilton, once the largest hotel in the world and among the city’s most iconic. The hotel made Hilton the first New York Stock Exchange-listed company to enter the domestic gaming business in 1970 and the first hospitality company to have “residency” for top stars as it hosted notable entertainers including Elvis Presley for long runs. With these industry firsts, Hilton helped establish Las Vegas as the prime destination for leisure and business travel it remains today.

According to a recent survey by Hilton, nearly a quarter of Americans surveyed ranked Las Vegas at the top of their must-visit destinations. Hilton is making those travel wish lists a reality for guests, including more than 115 million Hilton Honors members globally, as it expands its presence in the market. With diverse hotel accommodations, offerings and unique amenities coupled with Hilton’s signature hospitality, the company’s growing Las Vegas properties serve every traveler for every trip occasion, backed by an award-winning guest loyalty program.

What’s new in Las Vegas:

Through a first-of-its-kind partnership, the reimagined and reconceptualized Virgin Hotels Las Vegas, Curio Collection by Hilton offers a relaxed, whimsical design and more than 1,500 chambers and suites providing a distinctly home-away-from-home personalized getaway. The resort oasis also features an exclusive spa, a five-acre pool complex including VIP-style cabanas and daybeds along with a beach club, vibrant live entertainment venues, a state-of-the-art casino and 110,000 square feet of meeting and event space. Guests can also indulge in a world-class portfolio of 12 restaurants and bars including Mediterranean dishes at Chef Todd English’s Olives, Japanese cuisine at Chef Nobu Matsuhisa’s Nobu and hand-crafted cocktails at The Shag Room.

Additionally, through a historic partnership between Hilton and Genting Group, Resorts World Las Vegas is set to open June 24 and marks the largest multi-brand deal in Hilton’s history. The $4.3 billion development integrates the largest Conrad Hotels & Resorts property in the world, one of the first LXR Hotels & Resorts locations in the U.S. and a marquee Hilton Hotels & Resorts hotel, each offering its own dedicated entrance, lobby and distinct collection of accommodations. In addition, Resorts World Las Vegas is poised to be Hilton’s largest property globally, with 3,500 guest rooms and suites. With its opening, Conrad and LXR will join Waldorf Astoria in the market to make Las Vegas the only U.S. destination housing all three of Hilton’s luxury brands. The first ground-up resort development on the Las Vegas Strip in more than a decade, the property is also conveniently near the Las Vegas Convention Center.

Guests staying at any of the three hotels can enjoy premium amenities across the Resorts World Las Vegas campus including more than 40 food and beverage outlets, seven unique pool experiences, an expansive next-generation casino floor, over 250,000 square feet of flexible meeting space and a 5,000-capacity theatre that will be home to can’t-miss performances by Celine Dion, Carrie Underwood, Katy Perry and Luke Bryan.

Other updates and recent additions to Hilton’s Las Vegas portfolio include:

  • Waldorf Astoria Las Vegas – Hilton’s first and most iconic luxury brand brought a new spirit to the Strip in 2018 and continues to deliver graceful service nestled in an oasis of modern luxury and intrigue. The hotel’s award-winning spa, inviting eighth- floor pool deck and gourmet dining experiences, including high tea in the stylish Tea Lounge or craft cocktails with splendid views of the Strip at Skybar, provide unexpected moments for all who visit. An upcoming transformation of the hotel’s guestrooms, meeting space and lobby experience boasts a sleek, contemporary design with floor-to-ceiling windows that frame spectacular views of Las Vegas Boulevard and the surrounding desert landscape.
  • Hampton by Hilton Las Vegas Strip South – The property opened on the south end of the Strip in December 2020 and provides easy access to the city for travelers seeking value-driven, best-in-class accommodations. The colorful hotel offers friendly service, an outdoor pool, fitness center and lounge area, along with spacious rooms, complimentary breakfast and free Wi-Fi.

Hilton’s new and upcoming properties will make it easier than ever for Hilton Honors members to earn and redeem Points during their next trip to Las Vegas. Members who book directly through preferred Hilton channels receive exclusive benefits, discounts and rewards, access to industry-leading contactless technology through the Hilton Honors app, and hundreds of ways to earn and redeem Points on free nights, premium merchandise, charitable contributions and unique experiences.

For more information, visit https://newsroom.hilton.com/las-vegas .

About Hilton

Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 18 world-class brands comprising more than 6,500 properties and more than one million rooms, in 119 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed more than 3 billion guests in its more than 100-year history, earned a top spot on the 2020 World’s Best Workplaces list, and was named the 2020 Global Industry Leader on the Dow Jones Sustainability Indices. In 2020, Hilton CleanStay was introduced, bringing an industry-defining standard of cleanliness and disinfection to hotels worldwide. Through the award-winning guest loyalty program Hilton Honors, the more than 115 million members who book directly with Hilton can earn Points for hotel stays and experiences money can’t buy. With the free Hilton Honors mobile app , guests can book their stay, select their room, check in, unlock their door with Digital Key and check out, all from their smartphone. Visit newsroom.hilton.com for more information, and connect with Hilton on Facebook , Twitter , LinkedIn , Instagram and YouTube .

*Numbers as of March 31, 2021.

Link:

ClickThru

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Access Advance Announces New Effective Discount Rates for Its Multi-Codec Bridging Agreement, Starting on January 1, 202711.11.2026 20:18:00 CET | Press release

Access Advance LLC today announced that the Licensors of the HEVC Advance and VVC Advance Patent Pools have independently approved a two-step, phased reduction in the effective royalty discount available under the Multi-Codec Bridging Agreement (MCBA) for Licensees of both pools who sign the MCBA on or after January 1, 2027. Licensees that join both the HEVC Advance and VVC Advance Patent Pools and execute the MCBA on or before December 31, 2026, will secure the current MCBA rates, resulting in an effective discount of up to 50%. Licensees that sign on or after January 1, 2027 will receive a reduced discount as further described below. The MCBA is an administrative agreement, not a separate license, that lets Licensees of both HEVC Advance and VVC Advance Patent Pools pay a single, reduced royalty rate for products that include both HEVC and VVC codecs. Today the MCBA rate for a dual-codec product is the same as the VVC Advance single codec product rate; up to 50% of what a Licensee wo

Angel Aligner Unveils Six Innovations for 202711.11.2026 17:23:00 CET | Press release

Angel Elevates the Orthodontic Specialty by Focusing on Complex-Case Solutions Angelalign Technology Inc. (6699.HK) (“Angel”), a global clear aligner leader, has unveiled six new clinical innovations, including SuperElastic (MC-SE)* aligner material, a Deepbite Solution for significantly expanded indications, and the Adapt-MATMsystem for next generation growth guidance for young patients. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261110338654/en/ Unveiling Angel's 2027 Innovations. Orthodontists and opinion leaders have long remarked about Angel’s clinical excellence. Orthodontics educator and thought leader Dr. David Sarver said: “In over 4 decades, I’ve never had a parent say I’d be happy if you ensure that my child’s treatment results are average.” Angel is committed to elevating the orthodontic specialty well above the average, especially as more competition and harder referral cases demand outstanding results. Bind

Abu Dhabi Future Health Summit Concludes with Research Partnerships and New Programmes to Advance Prevention and Health Innovation11.11.2026 15:58:00 CET | Press release

Partnerships span drug discovery, clinical research, preventive and reproductive health Launch of an AI Clinician Framework and a Trusted Research Environment for health and genomic data Four whitepapers address genomics, therapeutics, fertility and wearable technologies New programmes support health innovators and entrepreneurs More than 17,300 visitors from 85 countries, with 130 speakers across 45 sessions Held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, Abu Dhabi Future Health Summit 2026 concluded with agreements and initiatives spanning drug discovery, clinical research, preventive and reproductive health, alongside research and entrepreneurship programmes that will sustain collaboration beyond the Summit. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261111545964/en/ The Summit is the annual flagship gath

De' Longhi Group: Record Results for the Quarter, With Revenue Growing by 7.7% and Net Profit Pertaining to the Group Progressing Significantly by 19%11.11.2026 15:58:00 CET | Press release

The Board of Directors of De' Longhi S.p.A. approved the consolidated results1 for the nine months of 2026. In the nine months the Group achieved: revenues for € 2,621.3 million, up by 6.5% with respect to 2025 (+7.7% at constant currency); an adjusted2 Ebitda of € 455.2 million, equal to 17.4% on revenues (vs. 15.8% with respect to last year); a net income pertaining to the Group equal to € 225.8 million (+20.4% with respect to last year); a positive net financial position equal to € 606.0 million. CEO Fabio de' Longhi commented: “The Group delivered its thirteenth consecutive quarter of organic revenue growth, underscoring our proven ability to capitalize on industry opportunities and respond promptly to market evolution, while ensuring consistent performance across both divisions. The professional business recorded a strong acceleration, spanning all geographies and brands, with revenues growth exceeding 35% for both the quarter and the nine-month period, this against an already par

Starr Chile Assigned A Rating from AM Best11.11.2026 14:30:00 CET | Press release

Starr, a global insurance and investment organization, today announced that the global credit rating agency AM Best has assigned Starr International Seguros Generales S.A. (Starr Chile) a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of a+ (Excellent). The outlook for both credit ratings is positive. The rating reflects Starr’s strong balance sheet and Starr Chile’s successful implementation of Starr’s business model. AM Best also cited Starr’s operating performance, a favorable business profile and enterprise risk management as key factors supporting the positive rating. “This strong rating is another important endorsement of Starr’s business model as we continue to build our presence in Latin America,” said Jeff Greenberg, chairman and co-CEO of Starr. “It reflects the financial strength, underwriting discipline and experienced teams that underpin our business around the world, reinforcing the confidence brokers and clients can place in Starr.” Starr

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye