Global hotel franchisor
Hilton Worldwide Holdings Inc.
Hilton licenses its brands to hotel owners and manages properties for franchise and management fees, while also earning licensing and points-related revenue from its American Express co-branded cards. It spends on owned and leased hotel operations, Hilton Honors redemptions, and shared services such as its HotelKey-powered property platform.
HLT Updated Sep 11, 2026 4 AI consumers· 2 recurring
Per the valuechain.wiki graph, Hilton Worldwide Holdings Inc. is directly linked to 4 companies (2 supply, 2 revenue relationships) and reaches 47 companies within two hops; the links are backed by 9 dated sources, 3 of them primary filings (as of 2026-09-11).
Financials & Segments
- Total revenue · FY2025 total revenue of $12.039 billion (Form 10-K filed 2026-02-11)
- Segments · Management and franchise · Ownership · Other revenues · Cost reimbursement revenues
Revenue from
- Host Hotels & Resorts High confidence· Count 5 hotels · portfolio as of 2026-02-20 · Number of Hilton-branded hotels owned by Host Hotels & Resorts
Host Hotels & Resorts owned five Hilton-branded hotels as of February 20, 2026. Host says hotel managers earn fees based on property revenue and profitability, but it does not separately disclose the amount paid to Hilton. - American Express High confidence
Hilton receives consideration for intellectual-property licensing and Hilton Honors points issued through American Express co-branded cards. Both companies confirm the cobrand relationship in their filings, but neither discloses the counterparty-specific amount.
Pays to
- Booking Holdings Inc. High confidence
Hilton Worldwide identifies Booking.com as a third-party reservation channel and discloses that it pays commissions and transaction fees for room sales through internet travel intermediaries, but it does not disclose the Booking.com-specific rate or amount. - Amazon Medium confidence
Hilton Honors members can use points to purchase products on Amazon. Hilton's filing recognizes expected payments to third parties when points are redeemed, but the amount paid to Amazon is not disclosed.Confirms EN TechCrunch Published Sep 19, 2017: Amazon now lets Hilton Honors members shop with Points - HotelKey Medium confidence
Hilton co-developed its cloud-based Property Engagement Platform with HotelKey and is deploying it across its global portfolio. The consideration paid for the technology has not been disclosed.Confirms EN Hilton News Published Apr 27, 2023: Hilton Rolling Out Technology Platform to Help Reduce the Friction of Travel for Hotel Guests, Team Members Worldwide
Investments
- Graduate Hotels High confidence· Contract value $210M · 2024 acquisition · Total purchase price for the Graduate brand
Hilton acquired the Graduate brand for $210 million in May 2024. The transaction acquired the brand and associated franchise contracts rather than the underlying hotel real estate.Confirms KO Money Never Sleeps Published Mar 15, 2024: Could Rising Wholesale Prices Rekindle Inflation?Confirms EN Hilton News Published Mar 14, 2024: Hilton to Accelerate Expansion in Fast-Growing Lifestyle Category with Addition of Graduate Hotels to Global Brand Portfolio
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Host Hotels & Resorts | lead1 | +18.9 | -4.6 | +27.6 | -5.5 | +7.2 | +30.5 |
| American Express | lead1 | +36.9 | -8.5 | +28.7 | +60.3 | +26 | -11.1 |
| Hilton Worldwide Holdings Inc. | node | +40.2 | -18.7 | +44.7 | +36.1 | +16.5 | +8.5 |
| Amazon | benef1 | +2.4 | -49.6 | +80.9 | +44.4 | +5.2 | +12 |
| Booking Holdings Inc. | benef1 | +7.7 | -16 | +76 | +41.3 | +8.6 | -9.3 |
| SanDisk | benef2 | · | · | · | · | · | +633 |
| Seagate Technology | benef2 | +87.5 | -51.4 | +69.1 | +4.1 | +225.3 | +209.1 |
| Marvell | benef2 | +84.6 | -57.5 | +63.7 | +83.8 | -22.8 | +163.4 |
| Wiwynn | benef2 | +24.7 | -22.3 | +206.4 | +3.5 | +64.4 | +120.2 |
| Astera Labs | benef2 | · | · | · | · | +25.6 | +86.6 |
| Corning | benef2 | +5.9 | -11.6 | -1.2 | +60.6 | +87.8 | +77.2 |
| Arista Networks | benef2 | +97.9 | -15.6 | +94.1 | +87.7 | +18.5 | +47.9 |
| Occidental Petroleum | benef2 | +67.7 | +119.1 | -4.1 | -15.9 | -14.9 | +47.4 |
| GE Vernova | benef2 | · | · | · | · | +99 | +44.4 |
| Caterpillar | benef2 | +16 | +18.6 | +25.9 | +24.7 | +60.3 | +42.9 |
| FedEx | benef2 | +0.7 | -31.6 | +49.1 | +13.5 | +5.1 | +39.6 |
| Ciena | benef2 | +45.6 | -33.8 | -11.7 | +88.4 | +175.8 | +37.3 |
| Jabil | benef2 | +66.4 | -2.5 | +87.4 | +13.3 | +58.7 | +36.3 |
| Alchip Technologies | benef2 | +14.3 | -8.7 | +365.1 | -18.9 | +0.8 | +36.1 |
| Globalstar | benef2 | +241.2 | +14.7 | +45.9 | +6.7 | +96.6 | +34.9 |
| Eaton | benef2 | +46.7 | -7.2 | +56.2 | +39.5 | -2.8 | +30.1 |
| Quanta Computer | benef2 | +22.2 | -12.8 | +254.5 | +12.7 | +8.9 | +28.5 |
| Digital Realty | benef2 | +30.7 | -41 | +39.9 | +35.9 | -10.1 | +23.4 |
| Schneider Electric | benef2 | +25.9 | +1.6 | +25.8 | +36.1 | +0.5 | +20.7 |
| Foxconn (Hon Hai) | benef2 | -5.1 | +2.8 | +7.8 | +80.1 | +26.9 | +19.6 |
| Credo Technology | benef2 | · | · | +46.3 | +245.2 | +114.1 | +18.5 |
| ABB | benef2 | +23.9 | +7.3 | +18.9 | +39 | +36.1 | +18.4 |
| Entergy | benef2 | +17.1 | +3.6 | -6.1 | +56 | +25.3 | +18.2 |
| Norfolk Southern | benef2 | +27.3 | -15.6 | -1.6 | +1.6 | +25.6 | +15.6 |
| Colgate-Palmolive Company | benef2 | +2.1 | -5.4 | +3.8 | +16.6 | -11 | +14.4 |
| Cummins | benef2 | -1.7 | +14.1 | +1.7 | +48.9 | +49.4 | +11 |
| United Parcel Service, Inc. | benef2 | +30 | -16.2 | -6 | -15.9 | -15.9 | +8 |
| Celestica | benef2 | +37.9 | +1.3 | +159.8 | +215.2 | +220.3 | +5.7 |
| Procter & Gamble | benef2 | +20.5 | -5 | -0.9 | +17.3 | -12.3 | +4.5 |
| Amorepacific | benef2 | -30.1 | -5.7 | -18.4 | +9.9 | +8.2 | +4.1 |
| Exelon | benef2 | +41.5 | +8.3 | -14 | +9.2 | +20 | +1.9 |
| Vistra | benef2 | +19.6 | +5.1 | +70.7 | +261.5 | +17.7 | -7.2 |
| Fabrinet | benef2 | +52.7 | +8.2 | +48.4 | +15.5 | +107.1 | -10.5 |
| IonQ | benef2 | · | -79.3 | +259.1 | +237.1 | +7.4 | -11.9 |
| Abbott Laboratories | benef2 | +30.5 | -20.7 | +2.3 | +4.8 | +12.9 | -11.9 |
| Talen Energy | benef2 | · | · | · | +214.8 | +86.1 | -15.4 |
| Quantum Computing Inc | benef2 | -75.8 | -55.7 | -39.5 | +1712.7 | -38 | -21.9 |
| Trip.com Group | benef2 | · | +44.5 | -3 | +95.8 | -12.2 | -32.4 |
| D-Wave Quantum | benef2 | · | -85.3 | -38.9 | +854.5 | +211.3 | -36.6 |
| Nike | benef2 | +18.7 | -29 | -6 | -29.1 | -13.8 | -38.1 |
YTD as of 2026-09-04 · source: Yahoo Finance
Hilton Worldwide Holdings Inc. operates across Global hotel franchisor. It stayed steadily positive in recent years and is +8.5% in 2026. The stock (+8.5%) and its supply side (avg +1.3%) are moving in step. Among connected nodes the furthest ahead is Amazon (+12%) and the furthest behind is Booking Holdings Inc. (-9.3%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It spends on owned and leased hotel operations, Hilton Honors redemptions, and shared services such as its HotelKey-powered property platform.
Analysis generated from returns as of 2026-09-04