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PRESIDENT AND CEO, HILTON WORLDWIDE HOLDINGS, McLEAN
PRESIDENT AND CEO, HILTON WORLDWIDE HOLDINGS, McLEAN
Virginia Business// August 29, 2024//
Nassetta is the longtime president and CEO of one of the world’s largest hospitality companies. Hilton has a portfolio of 7,600 properties and 24 brands in 126 countries and territories, ranging from luxury brands like Waldorf Astoria to suite hotels such as Embassy Suites by Hilton.
Nassetta joined Hilton in 2007 after investment firm Blackstone acquired the company in a $26 billion deal. Hilton went public again in 2013. In the past 15 years, Nassetta has more than doubled the company’s footprint.
Hilton cemented its post-pandemic return to the Fortune 500 list, rising from No. 431 in 2023 to No. 389 this year. Hilton reported 2023 net income of $1.15 billion for 2023, a year when the company added 395 hotels and launched two new brands, Spark by Hilton and LivSmart Studios by Hilton.
A graduate of the University of Virginia’s McIntire School of Commerce, Nassetta spent 10 years at Host Hotels & Resorts, serving first as chief operating officer and then as president and CEO before taking the helm at Hilton in 2007.
Nassetta was named chair of the U.S. Travel Association in 2023 and sits on CoStar Group’s board of directors.
