Loading the player... The yield is the income return on an investment, such as the interest or dividends received from holding a particular security. The yield is usually expressed as an annual percentage rate based on the investment's cost, current market value or face value.
Hilton does not own the majority of its hotels, but it makes half of its profit from those that it does own, like the Waldorf-Astoria, the New York Hilton and the Hilton Hawaiian Village.
The Hilton name is synonymous with hotels. Conrad Hilton (1887-1979) bought his first hotel at the age of 31 and acquired or built dozens more in his life time. Through shrewd financing and bargaining, Hilton created one of the largest hotel chains in the world.