The document summarizes Hilton Worldwide's performance and growth in 2010. Some key points: - Hilton became the largest hospitality company in the US by number of rooms. - It achieved the largest global pipeline and opened over 44,000 new rooms. - The percentage of rooms under construction outside the US grew significantly. - Membership in Hilton's rewards program grew by over 2.5 million. - Several of Hilton's brands, including Hilton Garden Inn and Homewood Suites, received awards for guest satisfaction. - The CEO cited 2010 as a turning point with signs of industry recovery and Hilton positioned to capitalize.

2. Welcome From Hilton and HGVC

3. Hilton and HGVC Together

4. Hilton Worldwide 2010 HighlightsLast year Hilton Worldwide became the largest hospitality company in the U.S. by number of rooms and opened its 600,000th hotel room, becoming only the second hotel company ever to reach that milestoneAchieved largest global pipeline by year end that included 868 hotels and more than 138,000 rooms

5. Opened 230 hotels with more than 44,000 rooms

6. Increased Hilton Worldwide’s pipeline outside the U.S. by nearly 40 percent in 2010 in terms of number of rooms, with the Asia Pacific and Middle East & Africa regions combined increasing 52 percent

7. Increased the percentage of its rooms under construction outside the U.S. grew from 11 percent in 2007 to 73 percent by the end of 201027 million total HHonors members – 2.5 million new members

8. Hilton’s Ten Brands 2010The company’s luxury presence, Waldorf Astoria Hotels & Resorts and Conrad Hotels & Resorts, tripled from 2007 to 2010Launched the highly-acclaimed eforea spa product designed to appeal to Hilton’s 123 existing spas and 80 more in developmentDoubletree by Hilton introduced a new global brand identityEmbassy Suites Hotels achieved the 50,000th suite milestone, Hilton Garden Inn opened its 500th hotel and Homewood Suites by Hilton opened its 300th hotel.Hilton Garden Inn and Homewood Suites by Hilton both received the highest honors in the J.D. Power and Associates 2010 North America Hotel Guest Satisfaction Index Study. Hilton Worldwide is the only lodging company to have two brands ranked number one, and has now won the award 27 times among its brands, which is nearly three times as many first place awards than any other lodging company has received.Hampton Inn Hotels was selected as the number-one franchise in Entrepreneur’s Annual Franchise 500. Newest brand, Home2 Suites by Hiltonwill open 100 properties by the end of 2013 in the U.S., Canada and MexicoHilton Grand Vacations executed on its first “capital light” transaction, adding the Grand Pacific MarBrisa Resort to its collection of properties on a fee-for-service basis, which represents a new chapter in the evolution of the timeshare division.