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 company incorporated in 1946 as the Hilton Hotels Corporation, and subsequently began public trading of shares on the New York Stock Exchange. Hilton International was born a few years later (in 1949) with the opening of the Caribe Hilton Hotel in Puerto Rico.