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 270 Mn which reflects the severe COVID-induced impact on Financial Statements for the financial year ending 31st December 2020. the hospitality sector. /MediaBox [0.0 0.0 612.0 792.0] /Contents 27 0 R The hotel is owned by Hotel Developers (Lanka) Ltd. 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. Changes in estimates, assumptions and judgments used in conjunction with significant accounting policies. /Contents 24 0 R To learn more about Hiltons community grantmaking, visit our dedicated Hilton Effect Foundation website. /Parent 2 0 R Risk Factors" of Hilton's Annual Report on Form 10-K for the fiscal year ended December 31, 2019 and /Type /Page 43 of 2011. 22 0 obj /Type /Page >> 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. 2 0 obj [8] Amenities The hotel is located next to the World Trade Center Colombo and has 382 rooms and 36 suites. /MediaBox [0.0 0.0 612.0 792.0] /Parent 2 0 R /Type /Outlines 0000003195 00000 n /Type /Catalog In a filing to the CSE last week, the company revealed that necessary resolutions were already passed by the Board of Directors of Hotel Developers (Lanka) PLC on June 18, 2020 for the delisting under the Securities and Exchange Commission (SEC) Act. endobj /Last 22 0 R /Resources 51 0 R .,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. /MediaBox [0.0 0.0 612.0 792.0] /Count 0 /Type /Page To mark the occasion, a stamp and a first day cover were issued by the Sri Lanka Post. 11 0 obj /Type /Page /Dest [8 0 R /XYZ null 749 null] hXkPS> U.jjta@dAd B4\" utSgmJ1n;;wn9Lfw{/w& 1L4c8SbGI0_^c zHb4=&04%\)f~iGE4k]A+*4d/"BOJbEE}dW4/;wC+,H9UoUQe4W0A$fqbG8HJ~o/j.u.~%*7,1 /Next 22 0 R >> /Parent 2 0 R Hotel Gaillardia, Colombo: 5 star city . Hilton 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. When the first local patient was discovered in mid-March 2020, the airport was closed immediately, and all passenger flights were terminated. Hilton Colombo was constructed by a consortium comprising Mitsui & Company. 10 0 obj >> endobj /C [0.0 0.0 0.0] >> >> 0000004286 00000 n Annual Report 201920 Financial Highlights 2020 2019 Performance for the year ended 31 March Revenue Rs.'000 1,525,016 1,911,321 Earnings before interest, tax , depreciation & amortisation (EBITDA) Rs.'000 350,569 645,286 . >> endobj Language links are at the top of the page across from the title. https://last10k.com/sec-filings/hlt/0001585689-23-000036.htm. 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 Colombo Stock Exchange (CSE) in compliance with applicable regulationsand procedures. TEAM MEMBERS endobj The hotel is owned by Hotel Developers (Lanka) Ltd. and the company was incorporated in 1983. /Count 2 /Resources 39 0 R endobj /Resources 26 0 R Hilton Colombo Residences is one of the 2 Hilton properties in Sri Lanka (as of now). Hilton Colombo organises the biggest Oktoberfest in the country. endobj Our hotels across Southeast Asia and India upcycled linens to make face masks through Diverseys Linens for Life Face Masks Program. A quarterly TWP dashboard is also distributed to all Hilton leadership, including General Managers at managed hotels. /Resources 41 0 R A multifaceted restaurant showcasing a live and interactive theatre of dining experiences that evoke the senses. /MediaBox [0.0 0.0 612.0 792.0] In November 2011, all shares of the company were vested with the government in terms of Revival of the Underperforming Enterprise or Underutilized Assets Act No. << endobj 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. endobj >> << << 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. 7 0 obj >> 2.88 billion revenue. /Type /Page 0000012861 00000 n /Filter /FlateDecode /Resources 40 0 R gzFDh2q(O4;T>fq!s{;/bW90NpPi 16 0 obj x\o`) K#)!Mi{F0im)(C1s;Hys00R3jx129AS12;^G"u47~dL7>.~|^hWSxQ22[Z_e/ P^uB3ff:*^V^@ ^OZ=2~7UU:cn/28 ~-+ /Type /Page endobj The Hotel offers a fully equipped Business Center, a wide selection of meeting rooms, and flexible event venues. << /Contents 40 0 R 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. 12 0 obj << 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. In January 1984, a management agreement was signed with Hilton International to manage the hotel and in the same year a public share issuewas carried out. /Resources 23 0 R Sophisticated informality makes it the perfect business and social hub. /Type /Page /Title (Q3 2021 Earnings Release) 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. On March 15, 1983, Lanka Japan Hotels, a public limited liability company was incorporated under the Companies Act to implement the Colombo Hilton endobj Though the hospitality industry was heavily impacted by the COVID-19 pandemic, Hilton was in a unique position to help those in need. /Parent 2 0 R << << It is our unique signature Hilton service that keeps our guests returning to our property for every special occasion. >> >> /Count 16 /MediaBox [0.0 0.0 612.0 792.0] 0000004473 00000 n We worked with our hotel teams to deploy operational best practices that further reduced our environmental footprint in times of low occupancy. /F 2 /Parent 2 0 R /Type /Page /Contents 48 0 R 363 0 obj <> endobj /Resources 25 0 R 0000010341 00000 n Download Annual Report Contact Us HOTEL DEVELOPERS (LANKA) LTD C/o Colombo Hilton, Echelon Square, No.2 Sir Chittampalam A. Gardiner Mawatha, Colombo 02. 0 /C [0.0 0.0 0.0] /Parent 2 0 R /C [0.0 0.0 0.0] >> Despite the challenges presented by the COVID-19 pandemic, we remain fully committed to creating long-term value for our business and our stakeholders through our Environmental, Social and Governance (ESG) practices. 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.