Earlier today, Governor Glenn Youngkin announced that Hilton (NYSE: HLT), the leading global hospitality company, will retain its headquarters in Fairfax County, including significant upgrades to its facility at 7930 Jones Branch Drive in McLean. Hilton will re-imagine its space to create an even more vibrant place to convene and collaborate, fully integrating technology into the office experience to meet the needs of today’s workforce.
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“Northern Virginia has been Hilton’s home for more than a decade, and the region has played an instrumental role in helping us create the best, most inclusive home for our Team Members while also managing the demands of a global business,” said Chris Nassetta, President and CEO, Hilton. “We appreciate the continued support of the Commonwealth of Virginia, Fairfax County and the Tysons Partnership in ensuring we continue to attract strong, diverse talent to our vibrant, growing region.”
Hilton located its global headquarters in Fairfax County in 2009 and plans to create 350 net new headquarters jobs over the next five years.
“I am thrilled that Hilton, a valued corporate citizen, is maintaining its headquarters and expanding its workforce here. This is a validation of the strong economy we enjoy here in Fairfax County,” said Fairfax County Board of Supervisors Chairman Jeffrey C. McKay. “We have demonstrated time and again that business-friendly policies go hand-in-hand with the high quality of life here, maintaining Fairfax County’s status as the premiere destination for starting, moving or expanding your company.”
“I am so pleased that Hilton Worldwide has made the decision to remain in Tysons. The 2009 move of the Hilton headquarters to Tysons helped spur the transformation of Tysons into a vibrant urban community,” said Providence District Supervisor Dalia Palchik. “Hilton’s Park Place II headquarters, and the adjacent Hilton McLean Tysons Corner, will now continue to enjoy the benefits of our wonderful community for years to come.”
Founded in 1919, Hilton is a leading global hospitality company with a portfolio of 18 world-class brands comprising 7,000 properties and 1.1 million rooms, in 122 countries and territories. 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 five consecutive years. 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. Through the award-winning guest loyalty program Hilton Honors, the nearly 139 million members who book directly with Hilton can earn points for hotel stays and experiences money can't buy. Hilton currently employs approximately 800 Team Members at its headquarters location in McLean.
“Hilton’s continued investment in Fairfax County will result in extraordinary benefits for our community,” said Victor Hoskins, president and CEO of Fairfax County Economic Development Authority (FCEDA). “The diversity of our business base continues to be one of our greatest strengths, and we are honored that Hilton has chosen to continue to play a key role in our corporate ecosystem.”
The Virginia Economic Development Partnership worked with the Fairfax County Economic Development Authority to secure the project for Virginia. Governor Youngkin approved $5 million in funds from the Virginia Economic Development Incentive Grant. The Virginia Economic Development Incentive Grant was established as a self-funded program of performance-based incentives that the Commonwealth awards to exceptional economic development projects with large numbers of employees and very high wages relative to average wages for that particular area. The Governor also approved a $1 million grant from the Commonwealth’s Opportunity Fund to assist Fairfax County with the project. The company is eligible to receive benefits from the Major Business Facility Job Tax Credit for new, full-time jobs created. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
“Virginia is America’s hometown for corporate headquarters, and we are proud that Hilton will continue to call Fairfax County home,” said Governor Youngkin. “For more than a decade, this global company has benefited from the Commonwealth’s combination of strategic location, diverse, world-class talent, and stable business climate, and we look forward to a continued partnership as Hilton recommits to Virginia and reinvents its headquarters for the future.”
About Fairfax County Economic Development Authority (FCEDA)
FCEDA promotes Fairfax County as one of the world’s top locations for business and talent, and offers site location and business development assistance, and connections with county and state government agencies, to help companies locate and expand in Fairfax County. FCEDA is headquartered in Tysons, Fairfax County’s largest business district, and maintains offices in key global business centers: Bangalore/Mumbai, Berlin, London, Los Angeles, Seoul, and Tel Aviv. FCEDA is a member of the Northern Virginia Economic Development Alliance. For more information about FCEDA, visit www.fairfaxcountyeda.org, or follow us on LinkedIn, Twitter, Facebook and YouTube.