hilton colombo annual report 2020

//hilton colombo annual report 2020

/Type /Pages Within hours, we were able to support our Hilton Team Members on the ground by opening up our Team Member Assistance Fund to those impacted by the explosion. /Type /Catalog The Hilton Effect Foundations grants aimed to address some of the most urgent humanitarian needs arising from the pandemic: food security, sanitation/hygiene, economic security and clean air and water. %PDF-1.4 - 0 - {{hitsCtrl.values.hits}}. << /Pages 2 0 R << /Parent 2 0 R /Parent 2 0 R 17 0 obj 16 0 obj 0000008361 00000 n /Type /Page Technical assistance was provided by Hilton International throughout the construction period. When the pandemic hit, our hotels and corporate offices around the world worked to identify local organizations and communities in need, and quickly deployed their services. /Kids [5 0 R 6 0 R 7 0 R 8 0 R 9 0 R 10 0 R 11 0 R 12 0 R 13 0 R 14 0 R Our hotels and corporate offices around the world sprang into action to help those affected by the pandemic. >> /Type /Page 1 0 obj Visit, for more information, and connect with Hilton on. The 27th annual Oktoberfest was organised in 2019 by the hotel. %%EOF D=3E2x d;x5}LjGx.c})\~uh [(Q[MX4LE{-GiFp;m"J0n._ Q+)nfTD8`y~ M6D;+mZCk3-^#cE>GdQBAZ*Th]YAs\ "a!TO. /Outlines 3 0 R "A village in the heart of the city", the Curry Leaf is Colombos most exclusive Sri Lankan and Seafood restaurant. 8 0 obj In November 2011, all shares of the company were vested with the government in terms of Revival of the Underperforming Enterprise or Underutilized Assets Act No. << 8, Exhibit 23.1: Consent Of Ernst &Amp; Young Llp. Hilton, Colombo: 5-star city hotel, room rates approximately 10% higher than Cinnamon Lake View, older facilities. x\o`) K#)!Mi{F0im)(C1s;Hys00R3jx129AS12;^G"u47~dL7>.~|^hWSxQ22[Z_e/ P^uB3ff:*^V^@ ^OZ=2~7UU:cn/28 ~-+ /Resources 23 0 R Our strong balance sheet and quick, decisive actions ensured our ability to navigate the challenges of 2020, Unique innovations driven by an enhanced focus on safety and hygiene for evolving traveler needs brought peace of mind to our guests, Our purpose-led culture prioritized the safety and well-being of our Team Members, Through corporate partnerships and grants from the Hilton Effect Foundation, we supported our Hilton family and friends around the globe, As I reflect on what has been a challenging period, I remain genuinely optimistic about what the future holds and am proud of how weve responded to the crisis and served all our stakeholders.. /Resources 38 0 R /Title (Overview) /Contents 59 0 R '_=pu{/s`f25hTp8/["bJR3IA2baOZ >> /Type /Page 18 0 obj /Parent 2 0 R 15 0 obj /Type /Page /MediaBox [0.0 0.0 612.0 792.0] << endobj stream /Resources 40 0 R >> TEAM MEMBERS /Contents 48 0 R >> /Count -6 << /Resources 54 0 R In partnership with American Express and our ownership community, Hilton committed to donating up to 1 million hotel room nights across the U.S. to frontline medical professionals leading the fight against COVID-19. 20. /Type /Page /MediaBox [0.0 0.0 612.0 792.0] /Parent 2 0 R About Us Hotel Developers (Lanka) Ltd (HDL) is a 100 % Government Owned, public listed Company owning Hilton Colombo. /Resources 50 0 R endobj << /Contents 36 0 R endobj endobj Hilton Colombo organises the biggest Oktoberfest in the country. As a security for this guarantee, the majority of the shares was transferred to the government. << [6], Hilton Colombo organises the biggest Oktoberfest in the country. On 15th March 1983, Lanka Japan Hotels, a Public Limited Liability Company was incorporated under the Companies Act to implement the Colombo Hilton hotel project. Risk Factors" of Hilton's Annual Report on Form 10-K for the fiscal year ended December 31, 2019 and In a filing to the CSE last week, the company revealed that necessary resolutions were already passed by the Board of Directors of Hotel Developers (Lanka) PLC on June 18, 2020 for the delisting under the Securities and Exchange Commission (SEC) Act. 2 0 obj >> >> 14 0 obj Telephone +94 11 2433435 Fax +94 11 2446545 Email hdl_hilton@sltnet.lk >> A new management agreement was signed in October 2012 and in terms of which, HDL had undertaken to refurbish Hilton Colombo. /Contents 29 0 R Visitstories.hilton.comfor more information, and connect with Hilton onFacebook,Twitter,LinkedIn,InstagramandYouTube. We also maintained our portfolio-wide certification to ISO 9001 (Quality Management), ISO 14001 (Environmental Management) and ISO 50001 (Energy Management), one of the largest ISO-certified building portfolios in the world. Though the hospitality industry was heavily impacted by the COVID-19 pandemic, Hilton was in a unique position to help those in need. /First 58 0 R startxref /MediaBox [0.0 0.0 612.0 792.0] endobj >> /Type /Page % c?J tUb;g%UiQc&n-vu>Enu)6lnmAQRkIOH=-T\P#%|9?7H#%[}"_PgNcVUh.GWzCaWe;2go}3_hCWDZ/_lj>x#H5Y hotel project. /MediaBox [0.0 0.0 612.0 792.0] Please wait while we load the requested 10-K report or click the link below: https://last10k.com/sec-filings/report/1585689/000158568923000036/hlt-20221231.htm. /Parent 3 0 R endobj << Partnering with organizations to drive COVID-19 and natural disaster recovery, including World Central Kitchen, Direct Relief, Project HOPE, Meals on Wheels and Open Kitchens UK, Supporting nonprofits on the front lines of the fight for racial justice, including the NAACP and National Urban League, Contributing to the re-launch of the Sustainable Hospitality Alliance, harnessing the collective action of the hotel industry to drive positive impact at scale, Maintaining our partnerships with leading anti-human trafficking NGOs, including ECPAT-USA and Its a Penalty, Joining with the Tent Partnership for Refugees and Human Rights Campaign to pledge to mentor LGBTQ refugees and asylum seekers. /Type /Page We drive responsible travel and tourism globally through our Travel with Purpose strategy and Hilton Effect Foundation. /Contents 56 0 R /C [0.0 0.0 0.0] In 2020, the Hilton Effect Foundation awarded 23 Hilton Effects Grants to organizations driving inclusive COVID-19 recovery and community resilience. /Resources 60 0 R 7 0 obj /Resources 47 0 R Graze Kitchen, the buffet restaurant;[10] Curry Leaf, the Sri Lankan cuisine restaurant of the hotel;[11] Cafe Kai; Stella, a karaoke lounge; L.A.B; SunsetBlu and Emperor's Wok. /Contents 42 0 R >> endobj /Resources 30 0 R /Resources 48 0 R and receives annual updates on our progress towards our 2030 Goals. 8 0 obj To mark the occasion, a stamp and a first day cover were issued by the Sri Lanka Post. /MediaBox [0.0 0.0 612.0 792.0] /Next 21 0 R >> Further, the company stated that the Treasury would continue to hold the 100 percent issued shares of thedelisted entity. /Resources 51 0 R Language links are at the top of the page across from the title. /Producer (Wdesk Fidelity Content Translations Version 005.005.003) endobj << /Parent 2 0 R Added 14,700 rooms to Hilton's system in the third quarter, contributing to 11,200 net additional rooms during the period and approximately 6.6 percent annualized net unit growth from September 30, 2020 Full year 2021 net unit growth is expected to be between 5.0 percent and 5.5 percent Overview /Dest [5 0 R /XYZ null 747 null] A new Management Agreement was signed in Oct 2012 and in terms of which, HDL has undertaken to refurbish Hilton Colombo. >> /Parent 2 0 R Download Annual Report Contact Us HOTEL DEVELOPERS (LANKA) LTD C/o Colombo Hilton, Echelon Square, No.2 Sir Chittampalam A. Gardiner Mawatha, Colombo 02. << Hilton (NYSE: HLT) is a leading global hospitality company with aportfolioof 19 world-class brands comprising more than7,200properties andmore than 1.1million rooms, in 122 countries and territories. Emerging Trends that are Innovating the Travel Experience A report by Hilton. 10 0 obj endobj << /Type /Outlines The hotel was launched in 1987 and the 30th anniversary was celebrated in 2017 with an issuance of a stamp and a first day cover. endobj milespointstravelkom wrote a review Feb 2020. Following the passing of the resolutions, the company would move ahead to make an application to the SEC for the announced de-listing in terms of rule 5 (1) under section 53 of the SEC ACT no 36 of 1987 ( as amended). In addition to the steps that we took internally to strengthen our Diversity & Inclusion programs and support our Team Members, the Hilton Effect Foundation provided grants to nonprofits on the front lines of fighting for racial justice, including the NAACP and the National Urban League. /Count 2 As travel returns and our hotels re-open for business, we will continue to reduce our footprint in line with our Travel with Purpose 2030 Goals. /MediaBox [0.0 0.0 612.0 792.0] 0000000016 00000 n 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 Fortune's 100 Best Companies to Work For list and been recognized as a global leader on the Dow Jones Sustainability Indices for six consecutive years. /Version /1.4 >> /MediaBox [0.0 0.0 612.0 792.0] /Resources 28 0 R /Contents 28 0 R << /Count 0 (X3] >S 6F7;q`6%Ce>R#=T6g) o/T@9~4}-}c%7A w33H "c% ~&*y(T;~}7wofMl-[t|]WgTR]kEf&qg=TiNusY6O+PU?g%A&oTS"; (4 endobj /Version /1.4 43 of 2011. /F 2 and Taisei Corporation on a fixed price turn-key basis. In November 2011 the entire shares of the Company was vested with the Government in terms of Revival of the Underperforming Enterprise or Underutilized Assets Act No. Hilton (NYSE: HLT) is a leading global hospitality company with a, of 19 world-class brands comprising more than7,200properties andmore than 1.1million rooms, in 122 countries and territories. >> << /Type /Page xZ[oGJ.jb "63;{R+qIHBV:gN^wnc|(yIad2 /Type /Page Despite the challenges presented by the COVID-19 pandemic, we remain fully committed to creating long-term value for our business and our stakeholders through our Environmental, Social and Governance (ESG) practices. /MediaBox [0.0 0.0 612.0 792.0] >> /Count -6 H|T;0} /Type /Page /Parent 2 0 R << 19 0 obj /Count 2 /Parent 2 0 R /Resources 58 0 R endobj When the first local patient was discovered in mid-March 2020, the airport was closed immediately, and all passenger flights were terminated. >> /Contents 54 0 R {4bxZ>M/ hM3BT!'ZF$Tzp*A"v0=\vxY_JT^ pbCA9q=u0".DK\3Q;M{#4Jlhoef.)qV R29 LtzXU]{,&-(m)q GEH"b2P0 ec3jp`1S&~_}nVy)wT{2F1}hAfmyp)v3va-8u !MD:7O /Contents 38 0 R 2 0 obj 14. . /Type /Page >> /Type /Page HdM\!} >> /CreationDate (D:20210216215732+00'00') /Resources 41 0 R - 3 - 536. /Contents 39 0 R [8], The hotel is located next to the World Trade Center Colombo and has 382 rooms and 36 suites. /Dest [5 0 R /XYZ null 749 null] >> >> >> /Resources 43 0 R << endobj >> 0000003195 00000 n /Parent 2 0 R The hotel is owned by Hotel Developers (Lanka) Ltd. /Contents 47 0 R >> 18 0 obj /Resources 39 0 R It is our unique signature Hilton service that keeps our guests returning to our property for every special occasion. 43 of 2011. /MediaBox [0.0 0.0 612.0 792.0] Jetwing Colombo Seven (Colombo), Jetwing Surf (Pottuvil Point) and . 12 0 obj The Treasury holds 100 percent shares of the company being the sole shareholder of it. /MediaBox [0.0 0.0 612.0 792.0] [9] /Parent 2 0 R << Consistent with Hiltons commitment to respecting human rights, driving racial equality and promoting inclusive growth for all, the Foundation prioritized organizations addressing these needs, while also directly supporting minority populations and other vulnerable communities that have been disproportionately affected by the pandemic. /F 2 We believe that as the world recovers, the need for environmental and social leadership will be greater than ever, and we are committed to making a difference. Hilton 2020 Annual Report Strength Where It Matters In a resilient business model Our strong balance sheet and quick, decisive actions ensured our ability to navigate the challenges of 2020 Behind every door sealed with Hilton CleanStay On August 4, 2020, Beirut witnessed two major explosions near its port. endobj >> The Hotel offers a fully equipped Business Center, a wide selection of meeting rooms, and flexible event venues. Located about 30 minutes from Colombo International Airport, this hotel has huge rooms that are more like serviced apartments. 6 0 obj << Hilton is committed to expanding its global hotel network through its development pipeline and relationships with third-party hotel owners, franchisees and developers. /Contents 45 0 R /Creator (Workiva) /Prev 21 0 R P=?#J^F!eY?2i8; G}~6@!,Ldl juJBtg|'iU_e`[ R .Z)K@fEo=mML,7 \~}T4;FV_n-K$$WY72>R4>"=N2*8.1yfQggWuO'@+e{%!0$sI3cpM`y?fgu*57D|Cf"cPc 1cqs&Drl_M}1Zsk[NA( #KBDC#Cd:1MkHwJ00f;ZsgSc|1bq1 SC7pMo2RG 1UH!z{WY'#gb6MH)tt(M}wdYUp*EoCzBjspV#O3 %PDF-1.4 % Among other factors, declines inRead more, We capitalize costs associated withRead more, Other non-operating income, net consistsRead more, As such, American Express resumedRead more, A change in these assumptionsRead more, EBITDA and Adjusted EBITDA areRead more, Operating Activities The increase inRead more, The increase in interest expenseRead more, Actual results may differ significantlyRead more, Overall, leisure transient was theRead more, Incentive management fees increased asRead more, The success and sustainability ofRead more, Refer to "-Revenues" for furtherRead more, The increase in other revenuesRead more, The currency neutral increase inRead more, Other Items Effect of foreignRead more, Growth and maintenance of ourRead more, Consideration provided to incentivize hotelRead more, Investing Activities Net cash usedRead more, Despite these temporary suspensions ofRead more, Other support expenses include: costsRead more, Represents amounts that are contractuallyRead more, Food and beverage costs includeRead more, Key Business and Financial MetricsRead more, Additionally, changes in depreciation expenseRead more, These are non-cash expenses thatRead more, We recognize revenue for pointRead more, Additionally, we incurred increased expensesRead more, System Growth and Development PipelineRead more, After considering our approach toRead more, ADR measures the average roomRead more, While these objectives have notRead more, We believe that the followingRead more, While results were less predictableRead more, Loss on debt extinguishment relatedRead more, Debt and Borrowing Capacity AsRead more, In determining the fair value,Read more, Although all periods included inRead more, Further, the estimates and assumptionsRead more, Room expenses include compensation costsRead more, The increase in cash providedRead more, Consumer demand for our productsRead more, Revenues During the year endedRead more, The effectiveness of any cost-cuttingRead more, We have a long-term investmentRead more, Management has discussed the developmentRead more, Also, declines in hotel profitabilityRead more, Hilton Worldwide Holdings Inc. provided additional information to their SEC Filing as exhibits, Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not, Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news, Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q, Remove data columns and navigations in order to see much more filing content and tables in one view, Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q, Export Annual and Quarterly Reports to Adobe Acrobat (PDF), Microsoft Word (DOCX), Excel (XLSX) and Comma-Delimited (CSV) files for offline viewing, annotations and analysis, Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity, See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years, Use our calculated cost dollar values to discover when and how much registered owners BUY, SELL or excercise their company stock OPTIONS aggregated from Form 4 Insider Transactions SEC Filings, View which hedge funds, pension / retirement funds, endowments, banks and insurance companies have increased or decreased their positions in a particular stock. The hottest Karaoke Bar & Chill-Out Lounge in town. @Xs\A.Ra`4$NWMB:WNVGCHQWi}=Z5'-$ hr[+p_sH~gHKDtO;y'j%9c[dNFOd[:/CW! +RKugjejX=^Z4PVsnkiSq4jyD5LbDJsJ8kgWM^ RQEBed!=bTT{$LM;o!RxFpS![ /Parent 2 0 R 22 0 obj /Resources 42 0 R /Contents 46 0 R /Parent 2 0 R /Parent 2 0 R /Parent 2 0 R *Improvement in these measures is partially attributable to the reduction in system-wide occupancy as a result of the COVID-19 pandemic. /Type /Pages 11 0 obj &9+^wq!IINDBH;GtvDByH*iS$+ xV1{y(mE5q`SLH %+Hl6F'`$&E' :qIzc6O 37l{P+ !7!_^dT /Parent 2 0 R /MediaBox [0.0 0.0 612.0 792.0] /Type /Page /Type /Page A A A. /Dest [8 0 R /XYZ null 749 null] Partnerships were more important in 2020 than ever before. A quarterly TWP dashboard is also distributed to all Hilton leadership, including General Managers at managed hotels. /Parent 2 0 R Experience the beautiful and comforting ambience of our restaurant at the Dutch Hospital Precinct that serves you a taste of Japanese cuisine right in the heart of Colombo. /Producer (Wdesk Fidelity Content Translations Version 004.065.064) Through the award-winning guest loyalty program Hilton Honors, the more than 158 million members who book directly with Hilton can earn Points for hotel stays and experiences money can't buy. >> /First 61 0 R The national coffers are reported to have incurred huge losses when implement, The MV X-press Pearl disaster is considered one of the biggest disasters in m, Five years have passed since anti-Muslim violence erupted in the Amparai/Ampa, Shanthi Pushparaja (Real name withheld), mother of three children who was tak, 28 Apr 2023 >> /Resources 57 0 R /Parent 3 0 R /Contents 40 0 R /Last 22 0 R 5 0 obj In alignment with our science-based targets, we also took several steps to increase our sourcing of renewable energy at our hotels around the world. The company was incorporated in 1983 and was listed on the Colombo Stock Exchange in the following year. /Contents 23 0 R /Type /Page On March 15, 1983, Lanka Japan Hotels, a public limited liability company was incorporated under the Companies Act to implement the Colombo Hilton << /C [0.0 0.0 0.0] To help solve this problem, five of our hotels in the U.K. partnered with Open Kitchens to store and distribute food to those in need. 0000006832 00000 n >> Rooms were made available to doctors, nurses, EMTs, paramedics and other frontline medical staff who needed a place to sleep, recharge or isolate. [7] In 2021, Hilton was named as one of the best places to work in Sri Lanka. "Hilton Colombo celebrates 30 years of success in SL", "Hilton Colombo unveils phase 1 of refurbishment project", "Hilton Colombo temporarily halts services", "Hilton Colombo celebrates the 27th Year of the Original Oktoberfest", "Hilton named as one of Sri Lanka's Best Workplaces", Central Point Building (Economic History Museum of Sri Lanka), https://en.wikipedia.org/w/index.php?title=Hilton_Colombo&oldid=1080166174, Companies formerly listed on the Colombo Stock Exchange, Infobox mapframe without OSM relation ID on Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 30 March 2022, at 17:16. /Type /Page 0000004587 00000 n Annual Report . Because of these limitations, EBITDA and Adjusted EBITDA should not be considered as discretionary cash available to us to reinvest in the growth of our business or as measures of cash that will be available to us to meet our obligations. /Type /Page 0000000656 00000 n 5 0 obj As the promoters of the hotel did not have the means to finance the construction of the hotel, the Government of Sri Lanka had to provide a guarantee of the payment of a yen-loan worth LKR1.3 billion. 380 0 obj <>stream 16 0 obj /Resources 53 0 R /Resources 37 0 R /Author (anonymous) 20 0 obj The Hilton Effect Foundation, working with local partners, also provided support to a youth medical ward that had been destroyed. 2.88 billion revenue. Updates from Our Press Room to Your Inbox. [5], The operations of the hotel were temporarily halted after one of the staff members was tested positive for COVID-19. /Parent 3 0 R /First 21 0 R /MediaBox [0.0 0.0 612.0 792.0] trailer Hilton Honors members were also invited to donate their Points to the social justice charities of their choice. Hilton Colombo was constructed by a consortium comprising Mitsui & Company. /Resources 46 0 R endobj << The decrease in depreciation and amortization expenses was primarily due to a decrease in amortization expense, driven by the full amortization of certain software project costs during 2021 and 2022. /MediaBox [0.0 0.0 612.0 792.0] /Length 2944 [4] Hotel Developers (Lanka) was delisted from the Colombo Stock Exchange in 2020. endobj Repurchased 3.8 million shares of Hilton common stock during the fourth quarter, bringing total capital return, including dividends, to $542 million for the quarter and more than $1.7 billion for the full year Launched a new premium economy brand, Spark by Hilton, in January 2023 >> 29 June 2020 08:43 am /Parent 3 0 R /Last 62 0 R /C [0.0 0.0 0.0] /Last 59 0 R Downloads | Hilton 2020 Annual Report Skip to Main Content (Press Enter) 2020 Annual Report InnovationValueOpportunityImpactCEO & CFO MessagesBrandsStockholder InformationDownloads CEO & CFO MessagesBrandsStockholder InformationDownloads Downloads 2020 Annual Report2021 Proxy2020 10-K InnovationValueOpportunityImpact I had booked a 2 bedroom suite for 1 night with 40,000 Hilton points. Hotel Developers (Lanka) PLC, the owner of Hilton Colombo, has announced that the State-owned entity will delist its shares from the official list of the Colombo Stock Exchange (CSE) in compliance with applicable regulationsand procedures. >> On 15th March 1983, Lanka Japan Hotels, a Public Limited Liability Company was incorporated under the Companies Act to implement the Colombo Hilton hotel project. Hilton has introduced several industry-leading technology enhancements to improve the guest experience, including Digital Key Share, automated complimentary room upgrades and the ability to book confirmed connecting rooms. 0000004286 00000 n All the content on this website is copyright protected and can be reproduced only by giving the due courtesy to 'dailymirror.lk' Copyright 2004 Wijeya Newspapers Ltd. Food For Thought By Zara Esufally and Humaira Azee, The Perfect Finish The Fashion Edit by Silvia Sena. /MediaBox [0.0 0.0 612.0 792.0] /Type /Page 270 Mn which reflects the severe COVID-induced impact on Financial Statements for the financial year ending 31st December 2020. the hospitality sector. Includes Ownership Percent, Buy versus Sell comparison, Put-Call ratio and more, Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports, Consolidated Balance Sheets (Parentheticals), Consolidated Statement Of Comprehensive Income (Loss) (Parentheticals), Consolidated Statements Of Comprehensive Income (Loss), Consolidated Statements Of Stockholders' Equity (Deficit) (Parentheticals), Consolidated Statements Of Stockholders' Equity (Deficit) Statement, Accounts Payable, Accrued Expenses And Other, Accounts Payable, Accrued Expenses And Other (Details), Accounts Payable, Accrued Expenses And Other (Tables), Accumulated Other Comprehensive Loss (Tables), Accumulated Other Comprehensive Loss - Schedule Of Accumulated Other Comprehensive Loss (Details), Basis Of Presentation And Summary Of Significant Accounting Policies, Basis Of Presentation And Summary Of Significant Accounting Policies (Policies), Basis Of Presentation And Summary Of Significant Accounting Policies - Additional Information (Details), Business Segments - Hotel Properties By Segment (Details), Business Segments - Reconciliation Of Revenues From Segments To Consolidated (Details), Business Segments - Reconciliation Of Segment Operating Income To Income Before Income Taxes (Details), Business Segments - Schedule Of Assets By Segment (Details), Business Segments - Schedule Of Revenues By Country (Details), Consolidated Variable Interest Entities (Tables), Consolidated Variable Interest Entities - Additional Information (Details), Consolidated Variable Interest Entities - Schedule Of Consolidated Variable Interest Entities (Details), Employee Benefit Plans - Additional Information (Details), Employee Benefit Plans - Fair Value Of Pension Assets (Details), Employee Benefit Plans - Net Periodic Pension Cost (Credit) (Details), Employee Benefit Plans - Schedule Of Amounts Recognized In Balance Sheet (Details), Employee Benefit Plans - Schedule Of Amounts Recognized In Other Comprehensive Income (Loss) (Details), Employee Benefit Plans - Schedule Of Assumptions Used (Details), Employee Benefit Plans - Schedule Of Changes In Projected Benefit Obligations (Details), Employee Benefit Plans - Schedule Of Expected Benefit Payments (Details), Fair Value Measurements - Additional Information (Details), Fair Value Measurements - Recurring &Amp; Disclosure (Details), Goodwill And Intangible Assets - Additional Information (Details), Goodwill And Intangible Assets - Amortization Of Amortizing Intangible Assets (Details), Goodwill And Intangible Assets - Schedule Of Future Amortization (Details), Goodwill And Intangible Assets - Schedule Of Other Intangible Assets (Details), Income Taxes - Additional Information (Details), Income Taxes - Components Of Income Tax Expense (Details), Income Taxes - Effective Income Tax Rate Reconciliation (Details), Income Taxes - Income Before Income Taxes (Details), Income Taxes - Schedule Of Deferred Tax Assets And Liabilities (Details), Income Taxes - Summary Of Unrecognized Tax Benefits (Details), Leases Components Of Lease Expense (Details), Leases Future Minimum Lease Payments (Details), Leases Supplemental Balance Sheet Information Related To Leases (Details), Leases Supplemental Cash Flow Information Related To Leases (Details), Other Liabilities - Other Long-Term Liabilities (Details), Property And Equipment - Additional Information (Details), Property And Equipment - Schedule Of Property And Equipment (Details), Revenues From Contract With Customers - Contract Liabilities (Details), Revenues From Contracts With Customers (Tables), Revenues From Contracts With Customers - Additional Information (Details), Share-Based Compensation - Additional Information (Details), Share-Based Compensation - Schedule Of Additional Information On Performance Shares (Details), Share-Based Compensation - Schedule Of Additional Information On Restricted Stock Units (Details), Share-Based Compensation - Schedule Of Additional Information On Stock Options (Details), Share-Based Compensation - Schedule Of Performance Shares Award Activity (Details), Share-Based Compensation - Schedule Of Restricted Stock Units Award Activity (Details), Share-Based Compensation - Schedule Of Stock Options Activity (Details), Share-Based Compensation - Schedule Of Stock Options Valuation Assumptions (Details), Exhibit 10.47: Credit Agreement Amendment No. /ModDate (D:20211026134933+00'00') 0000005309 00000 n /MediaBox [0.0 0.0 612.0 792.0] endstream endobj 369 0 obj <>stream 19 0 obj Hilton is a leading global hospitality company with aportfolioof 19 world-class brands comprising more than7,200properties andmore than 1.1million rooms, in 122 countries and territories. [1] The company was listed on the Colombo Stock Exchange in 1984. Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables wereremoved, added and changedby Hilton Worldwide Holdings Inc.. Hilton Worldwide Holdings Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2023 10-K Annual Report includes: If we are required to recognize impairment losses related to our depreciable assets or finite-lived intangible assets, the related depreciation or amortization expense, respectively, will decrease. % 22 0 obj 13 0 obj [8] Amenities The hotel is located next to the World Trade Center Colombo and has 382 rooms and 36 suites. coE+] 'zuI"*Z(/^ ?"M6r2]#8+u:_)^7t}]$KDwZ5K9;A9}u|!,jK4*]:$h!%C8U\, In17xp`8asYE7SXEg90BAY. Our hotels across Southeast Asia and India upcycled linens to make face masks through Diverseys Linens for Life Face Masks Program. /Count 16 /Last 21 0 R << /Type /Page The hotel is owned by Hotel Developers (Lanka) Ltd. and the company was incorporated in 1983. The Hilton Buenos Aires donated breakfasts to medical staff at a local hospital.

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hilton colombo annual report 2020

hilton colombo annual report 2020

hilton colombo annual report 2020