hilton colombo annual report 2020

/Type /Outlines << /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 {4bxZ>M/ hM3BT!'ZF$Tzp*A"v0=\vxY_JT^ pbCA9q=u0".DK\3Q;M{#4Jlhoef.)qV R29 LtzXU]{,&-(m)q GEH"b2P0 ec3jp`1S&~_}nVy)wT{2F1}hAfmyp)v3va-8u !MD:7O 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. >> >> << 21 0 obj /Contents 45 0 R << /Type /Page /F 2 /Title (Q3 2021 Earnings Release) /Type /Page /MediaBox [0.0 0.0 612.0 792.0] As travel returns and our hotels re-open for business, we will continue to reduce our footprint in line with our Travel with Purpose 2030 Goals. /Resources 43 0 R trailer 2 0 obj /Contents 24 0 R endobj endobj 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. [12] Swimming pool, fitness centre and meeting rooms are amongst other amenities of the hotel. >> /Contents 53 0 R 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. /MediaBox [0.0 0.0 612.0 792.0] endobj 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. The Hotel offers a fully equipped Business Center, a wide selection of meeting rooms, and flexible event venues. 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. [8], The hotel is located next to the World Trade Center Colombo and has 382 rooms and 36 suites. << /Parent 3 0 R /MediaBox [0.0 0.0 612.0 792.0] >> /CreationDate (D:20210216215732+00'00') Language links are at the top of the page across from the title. /Resources 23 0 R xZ[oGJ.jb "63;{R+qIHBV:gN^wnc|(yIad2 >> HdM\!} << 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. The 27th annual Oktoberfest was organised in 2019 by the hotel. /Parent 2 0 R /MediaBox [0.0 0.0 612.0 792.0] As a security for this guarantee, the majority of the shares was transferred to the government. 0000006832 00000 n endobj << /Resources 37 0 R << endobj 9 0 obj 20 0 obj /Type /Page Hilton 2020 Annual Report - Corporate Report Telephone +94 11 2433435 Fax +94 11 2446545 Email hdl_hilton@sltnet.lk Hilton Colombo was constructed by a consortium comprising Mitsui & Company. /Contents 23 0 R /Filter /FlateDecode /Parent 2 0 R >> 15 0 obj endobj >> >> >> 15 0 R 16 0 R 17 0 R 18 0 R 19 0 R 20 0 R] H|T;0} endobj @Xs\A.Ra`4$NWMB:WNVGCHQWi}=Z5'-$ hr[+p_sH~gHKDtO;y'j%9c[dNFOd[:/CW! +RKugjejX=^Z4PVsnkiSq4jyD5LbDJsJ8kgWM^ RQEBed!=bTT{$LM;o!RxFpS![ >> /Resources 50 0 R endobj >> Partnerships were more important in 2020 than ever before. /Count -6 /MediaBox [0.0 0.0 612.0 792.0] In 2019, the company made loss of Rs 325.6 million on Rs. /Parent 2 0 R "A village in the heart of the city", the Curry Leaf is Colombos most exclusive Sri Lankan and Seafood restaurant. /Next 21 0 R /Dest [8 0 R /XYZ null 749 null] /C [0.0 0.0 0.0] 0000007600 00000 n /Parent 2 0 R /Type /Page No.2 Sir Chittampalam A. Gardiner Mawatha. Additionally, through a $1 million contribution from American Express to Jos Andrs World Central Kitchen (WCK), we partnered to provide healthy, freshly prepared meals to the frontline healthcare professionals who stayed at participating Hilton properties in cities across the United States during the coronavirus pandemic. 0000004286 00000 n /Parent 2 0 R 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 (NYSE: HLT) is a leading global hospitality company with a, of 19 world-class brands comprising more than7,200properties andmore than 1.1million rooms, in 122 countries and territories. endobj /Title (Supplemental Schedules) endobj Experience the beautiful and comforting ambience of our restaurant at the Dutch Hospital Precinct that serves you a taste of Japanese cuisine right in the heart of Colombo. When the first local patient was discovered in mid-March 2020, the airport was closed immediately, and all passenger flights were terminated. In Jan 1984 a Management Agreement was signed with Hilton International to manage the Hotel. /Resources 42 0 R /First 21 0 R /Resources 47 0 R [1] The company was listed on the Colombo Stock Exchange in 1984. 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. 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 . 0000003328 00000 n /Resources 28 0 R << milespointstravelkom wrote a review Feb 2020. /Parent 2 0 R /Type /Page 11 0 obj << /MediaBox [0.0 0.0 612.0 792.0] >> 0000011098 00000 n >> We also began working quickly to provide food packages to those in need, and we offered much-needed aid to the surrounding communities, including supporting World Central Kitchens efforts to feed the impacted communities. >> >> We continued to promote responsible, sustainable travel by: Launched in 2019 with the aim of creating a better world to travel, the Hilton Effect Foundation is our primary global philanthropic arm. endobj 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. /Count 15 /Resources 38 0 R <<2AE3975A7CD9424FBAF5C8BC78CE4237>]/Prev 859176>> Download Annual Report Contact Us HOTEL DEVELOPERS (LANKA) LTD C/o Colombo Hilton, Echelon Square, No.2 Sir Chittampalam A. Gardiner Mawatha, Colombo 02. /Contents 27 0 R 1 0 obj /Type /Page /Last 62 0 R /Resources 46 0 R It gives me pleasure to present the Annual Report and Audited 2019 to Rs. << 0000004587 00000 n << Impact | Hilton 2020 Annual Report /Resources 40 0 R Downloads | Hilton 2020 Annual Report - Corporate Report >> /Resources 48 0 R /Contents 46 0 R endobj /Contents 36 0 R /Contents 22 0 R /Outlines 3 0 R 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. /Contents 39 0 R /MediaBox [0.0 0.0 612.0 792.0] 17 0 obj 29 June 2020 08:43 am - 0 - 1449. << endobj /Contents 29 0 R /Contents 28 0 R Hilton Worldwide Holdings Inc. (HLT) 10K Annual Reports & 10Q SEC Filings << .,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. /Contents 25 0 R [5], The operations of the hotel were temporarily halted after one of the staff members was tested positive for COVID-19. endobj 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. Hotel Gaillardia, Colombo: 5 star city . >> /Type /Page 3 0 obj /Resources 26 0 R 0000009146 00000 n /Resources 60 0 R /Type /Page /MediaBox [0.0 0.0 612.0 792.0] PDF Contents %PDF-1.4 >> %%EOF 0000006069 00000 n >> Changes in estimates, assumptions and judgments used in conjunction with significant accounting policies. 9 specialty chefs to dazzle your taste-buds; Chinese, Italian, Indian, Japanese, Modern Australian, Sri Lankan, Thai, Turkish and Vietnamese. A beautifully secluded poolside trattoria creates the ideal setting to savour the splendour of Italian cuisine. endobj /Last 21 0 R << D=3E2x d;x5}LjGx.c})\~uh [(Q[MX4LE{-GiFp;m"J0n._ Q+)nfTD8`y~ M6D;+mZCk3-^#cE>GdQBAZ*Th]YAs\ "a!TO. 6 0 obj [4] Hotel Developers (Lanka) was delisted from the Colombo Stock Exchange in 2020. 13 0 obj [7] In 2021, Hilton was named as one of the best places to work in Sri Lanka. << 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. << 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 /First 61 0 R /Prev 21 0 R /Parent 3 0 R /Pages 2 0 R /Parent 2 0 R /Resources 27 0 R

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hilton colombo annual report 2020

hilton colombo annual report 2020