No, Hilton and Marriott are not owned by the same company. They are two separate, publicly traded corporations and are direct competitors in the global hospitality industry.
Here’s a breakdown of each:
Hilton Worldwide Holdings Inc.
- Ownership: A publicly traded company (ticker: HLT on the NYSE).
- Founding: Founded by Conrad Hilton in 1919.
- Portfolio: Includes 24 brands such as Waldorf Astoria, Conrad, Hilton Hotels & Resorts, Curio Collection, Canopy, DoubleTree, Embassy Suites, Hampton by Hilton, and Tru by Hilton.
- Scale: As of recent reports, manages over 7,600 properties across 126 countries.
Marriott International, Inc.
- Ownership: A publicly traded company (ticker: MAR on the NASDAQ).
- Founding: Founded by J. Willard Marriott in 1927.
- Portfolio: The world’s largest hotel company by number of rooms, with over 30 brands including The Ritz-Carlton, St. Regis, W Hotels, Sheraton, Westin, Marriott Hotels, Courtyard by Marriott, Fairfield Inn, and Residence Inn.
- Scale: Operates more than 8,800 properties in over 139 countries.
Key Distinction
While they are separate, their business models are similar. Both companies primarily operate as franchisors and managers of hotels.