Hilton closes 2024 with record growth

The company achieves record growth in 2024, signing 154,000 rooms and setting the stage for continued expansion

Jan 28, 2025

In a landmark year marked by strategic partnerships, acquisitions and accelerated global development, Hilton achieved historic growth milestones in 2024. The company added 973 hotels and nearly 100,000 rooms - the largest single-year room growth in Hilton's more than 100-year history - and achieved net unit growth of 7.3%.

Key takeaways

  • Hilton signed contracts for more than 1,430 hotels, representing a record 154,000 rooms. This growth increased the company's development pipeline to approximately 3,600 hotels and more than 498,500 rooms, reflecting an 8% year-over-year increase in pipeline rooms;
  • Construction began on 88,500 rooms (excluding acquisitions and partnerships), the highest level of construction starts in Hilton's history;
  • Globally, Hilton continues to lead the industry with more new rooms under construction than any other hotel company, with approximately one in five hotel rooms under construction worldwide expected to join the Hilton portfolio.

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