/Pages 2 0 R [8], The hotel is located next to the World Trade Center Colombo and has 382 rooms and 36 suites. 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. 363 18 7 0 obj endobj 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. /Next 21 0 R Technical assistance was provided by Hilton International throughout the construction period. In April 2008 the Company was re- registered as Hotel Developers (Lanka) Ltd in terms of the new Companies Act of 2007. /First 20 0 R << /Resources 40 0 R /Resources 46 0 R /Pages 2 0 R 16 0 obj Our hotels across Southeast Asia and India upcycled linens to make face masks through Diverseys Linens for Life Face Masks Program. /Type /Page /MediaBox [0.0 0.0 612.0 792.0] milespointstravelkom wrote a review Feb 2020. /Parent 2 0 R 15 0 obj 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. To learn more about Hiltons community grantmaking, visit our dedicated Hilton Effect Foundation website. 0000006069 00000 n /Type /Catalog 0000003195 00000 n /Parent 3 0 R << /Contents 53 0 R >> >> 14 0 obj /Resources 29 0 R 270 Mn which reflects the severe COVID-induced impact on Financial Statements for the financial year ending 31st December 2020. the hospitality sector. << 2 0 obj << Hilton 2020 Annual Report - Corporate Report /Type /Page /Type /Page Language links are at the top of the page across from the title. << endobj << Located about 30 minutes from Colombo International Airport, this hotel has huge rooms that are more like serviced apartments. The 27th annual Oktoberfest was organised in 2019 by the hotel. /Parent 2 0 R /Parent 2 0 R >> /Parent 2 0 R /Type /Page >> @Xs\A.Ra`4$NWMB:WNVGCHQWi}=Z5'-$ hr[+p_sH~gHKDtO;y'j%9c[dNFOd[:/CW! +RKugjejX=^Z4PVsnkiSq4jyD5LbDJsJ8kgWM^ RQEBed!=bTT{$LM;o!RxFpS![ >> - 3 - 536. 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. /Title (Supplemental Schedules) /Contents 41 0 R 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. >> - 4 - 2336, 26 Apr 2023 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 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. /MediaBox [0.0 0.0 612.0 792.0] Changes in estimates, assumptions and judgments used in conjunction with significant accounting policies. - 0 - {{hitsCtrl.values.hits}}. endobj 21 0 obj << /C [0.0 0.0 0.0] >> %PDF-1.4 % 20. /Parent 2 0 R /Parent 2 0 R << << /ModDate (D:20211026134933+00'00') /Type /Outlines /Resources 42 0 R /Type /Page Hilton Colombo organises the biggest Oktoberfest in the country. /Contents 27 0 R /Count 2 /Parent 2 0 R 10 0 obj 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. /MediaBox [0.0 0.0 612.0 792.0] endobj 15 0 R 16 0 R 17 0 R 18 0 R 19 0 R] /MediaBox [0.0 0.0 612.0 792.0] endobj [12] Swimming pool, fitness centre and meeting rooms are amongst other amenities of the hotel. /Parent 2 0 R /Count -6 << /MediaBox [0.0 0.0 612.0 792.0] 0000010341 00000 n /Resources 57 0 R 0% found this document useful, Mark this document as useful, 0% found this document not useful, Mark this document as not useful, Save Hilton_Colombo_Annual_Report_2020 For Later. The Hilton London Metropole, Hiltons largest hotel in the U.K., served as a community kitchen, and in 2020 the hotels chefs prepared over 30,000 meals for distribution to the homeless, children who rely on free school meals, the elderly and those living in isolation. /MediaBox [0.0 0.0 612.0 792.0] /Prev 20 0 R /Type /Page The hottest Karaoke Bar & Chill-Out Lounge in town. On August 4, 2020, Beirut witnessed two major explosions near its port. >> >> d*UUX) Oo^rH#V\t7EcK%yUv /Next 22 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 To mark the occasion, a stamp and a first day cover were issued by the Sri Lanka Post. >> stream endobj 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. 13 0 obj /Resources 56 0 R endobj /First 61 0 R 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. 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. endstream endobj 369 0 obj <>stream endobj The Treasury holds 100 percent shares of the company being the sole shareholder of it. /Version /1.4 /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 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. 12 0 obj /Type /Page Corporate Team Members assembled more than 15,000 Clean the World hygiene kits for organizations in Memphis, Dallas and Washington, D.C. And members of our Hilton Reservation and Customer Care team used their customer service skills to connect with homebound seniors in partnership with Meals on Wheels. 380 0 obj <>stream We drive responsible travel and tourism globally through our Travel with Purpose strategy and Hilton Effect Foundation. %%EOF .,c-EYd&y?hW`L\J3um6%(WTVEXSN(Wn}BQej+GlcH-.aX.+7!:E=I7+Ujl2h*-OG3qUH;8M*rw!OvM1fFC,[u:QT0w/6 "E`RF)x_F?hf7& IeQ%^T;^"pZ_B]!Q8]]`k{(0)BT(d], z-lkm#9R<3rr$CKbydrI1Au Jgc`1ogE?FX;X_O:0|LH[r.Hx =4d]i"s!k{0m.fB. /Dest [5 0 R /XYZ null 749 null] endobj /Resources 27 0 R 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. >> Hilton, Colombo: 5-star city hotel, room rates approximately 10% higher than Cinnamon Lake View, older facilities. << "A village in the heart of the city", the Curry Leaf is Colombos most exclusive Sri Lankan and Seafood restaurant. 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. << endobj /MediaBox [0.0 0.0 612.0 792.0] 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 . - 1 - 1286, 28 Apr 2023 /Count -6 When the first local patient was discovered in mid-March 2020, the airport was closed immediately, and all passenger flights were terminated. 4 0 obj /Parent 2 0 R endobj /Resources 51 0 R /Type /Page With the freeHilton Honors app, guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. >> << /MediaBox [0.0 0.0 612.0 792.0] Jetwing Colombo Seven (Colombo), Jetwing Surf (Pottuvil Point) and . Phase 2 of the Refurbishment program covering the Rooms and the Chinese Restaurant will commence in October 2018 and is expected to be completed in July 2020. /Dest [5 0 R /XYZ null 747 null] endobj /Resources 50 0 R The hotel also has meeting and banquet facilities.[9]. 29 June 2020 08:43 am << /Contents 22 0 R << endobj TEAM MEMBERS /CreationDate (D:20211026134933+00'00') << /F 2 %PDF-1.4 2021 Annual Report | Stories From Hilton (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 As one of the worlds largest hospitality companies, Hilton recognizes the important role we play in protecting our communities and the planet for future generations. /Parent 3 0 R xZ[oGJ.jb "63;{R+qIHBV:gN^wnc|(yIad2 No.2 Sir Chittampalam A. Gardiner Mawatha. << ATE INFORMATION .INSIDE, Do not sell or share my personal information. /Type /Page /Type /Page /MediaBox [0.0 0.0 612.0 792.0] /Parent 2 0 R and receives annual updates on our progress towards our 2030 Goals. ]\EN:H6@1|oMILCL_rR. 3 0 obj /C [0.0 0.0 0.0] Cinnamon Hotels Annual Report - PHDessay.com [9] /Contents 59 0 R /Type /Page /Resources 24 0 R /Resources 28 0 R 2021 Annual Report About Hilton Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 19 world-class brands comprising more than 7,100 properties and more than 1.1 million rooms, in 123 countries and territories. /Resources 55 0 R xref Please visit our dedicated Travel with Purpose website for more information on our programs, including our Travel with Purpose 2030 Goals and our 2020 ESG Report. A A A. /Contents 29 0 R >> Downloads | Hilton 2020 Annual Report - Corporate Report /Resources 52 0 R endobj /Type /Page hotel project. /Type /Page << << [4] Hotel Developers (Lanka) was delisted from the Colombo Stock Exchange in 2020. D=3E2x d;x5}LjGx.c})\~uh [(Q[MX4LE{-GiFp;m"J0n._ Q+)nfTD8`y~ M6D;+mZCk3-^#cE>GdQBAZ*Th]YAs\ "a!TO. /First 58 0 R /Filter /FlateDecode /MediaBox [0.0 0.0 612.0 792.0] endobj >> endobj endobj << PDF STAKEHOLDER ENGAGEMENT - Hilton /Contents 39 0 R 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. 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. 6 0 obj As the finite-lived intangible assets that were recorded at the Merger become fully amortized, amortization expense will decrease. 8, Exhibit 23.1: Consent Of Ernst &Amp; Young Llp. /MediaBox [0.0 0.0 612.0 792.0] Rooms were made available to doctors, nurses, EMTs, paramedics and other frontline medical staff who needed a place to sleep, recharge or isolate. /Parent 2 0 R 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. /Contents 28 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 /C [0.0 0.0 0.0] endobj /Type /Page PDF Contents 0000009146 00000 n 11 0 obj >> >> endobj /Type /Page /F 2 /Title (Q3 2021 Earnings Release) endobj 22 0 obj With the free, , guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. 15 0 R 16 0 R 17 0 R 18 0 R 19 0 R 20 0 R] orCR7e'u},GrR8ABYFETkMC#-'#:a]J?"!]? /Contents 57 0 R In 2020, the Hilton Effect Foundation awarded 23 Hilton Effects Grants to organizations driving inclusive COVID-19 recovery and community resilience. endobj /First 21 0 R /MediaBox [0.0 0.0 612.0 792.0] 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. >> 0000008361 00000 n /MediaBox [0.0 0.0 612.0 792.0] /Type /Page >> /Title (Supplemental Schedules) Impact | Hilton 2020 Annual Report >> https://last10k.com/sec-filings/hlt/0001585689-23-000036.htm. 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 /Contents 55 0 R As a security for this guarantee, the majority of the shares was transferred to the government. << /Parent 2 0 R 21 0 obj SunsetBlu was launched at the end of 2020 and marketed as an "all-day club". HdM\!} /Parent 2 0 R Sophisticated informality makes it the perfect business and social hub. /Title (Overview) 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. /Type /Page % A multifaceted restaurant showcasing a live and interactive theatre of dining experiences that evoke the senses. /Type /Page Visitstories.hilton.comfor more information, and connect with Hilton onFacebook,Twitter,LinkedIn,InstagramandYouTube. In March 2020, Hilton suspended share repurchases and the payment of dividends to preserve capital and maintain liquidity. endobj >> ~4=y}6/8Ug8/~9$Qty'EQg=;k38s{0Nsn+=`q2.=>M{ ^$ yu?SeFfYJ/wo i}Laa Tg-Sp+-S,6_$ACq|iD8m3-{GQ*R)UCuUDy#m\!Ua.K|G7U?m H~2 $HaT#_e:X15!=T &EGQQ]B-a7O-I _Y(#qf1^gY`lmlwd"4JTb3j-Mix}fD%ib)Z58FD.i^ M"{OB *Improvement in these measures is partially attributable to the reduction in system-wide occupancy as a result of the COVID-19 pandemic. 11 0 obj /Count 15 /Contents 44 0 R 20 0 obj endobj 7 0 obj We worked with our hotel teams to deploy operational best practices that further reduced our environmental footprint in times of low occupancy. /Resources 44 0 R 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 Hilton Colombo was constructed by a consortium comprising Mitsui & Company. 12 0 obj /Parent 2 0 R I had booked a 2 bedroom suite for 1 night with 40,000 Hilton points. << << 22 0 obj x\o`) K#)!Mi{F0im)(C1s;Hys00R3jx129AS12;^G"u47~dL7>.~|^hWSxQ22[Z_e/ P^uB3ff:*^V^@ ^OZ=2~7UU:cn/28 ~-+ << 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). 2.88 billion revenue. /Contents 23 0 R /Contents 26 0 R 1 0 obj /Contents 24 0 R It gives me pleasure to present the Annual Report and Audited 2019 to Rs. /MediaBox [0.0 0.0 612.0 792.0] << /Version /1.4 As demand from restaurants and caterers dwindled during the pandemic, food rescue organizations were faced with a surplus of donated bulk food and increasing community needs, but limited storage and preparation capacity. /Resources 54 0 R /Type /Page endobj On 20th October 1983, the company changed its name to Hotel Developers (Lanka) Limited. 8 0 obj /Contents 43 0 R gzFDh2q(O4;T>fq!s{;/bW90NpPi 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. [1] The company was listed on the Colombo Stock Exchange in 1984. >> /Resources 23 0 R /F 2 14. . Partnerships were more important in 2020 than ever before.
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