Hilton’s Chris Nassetta Leads in Hotel CEO Pay, With $58.7 Million
Photo Credit: Hilton CEO Christopher Nassetta spoke on-stage at Skift Global Forum on September 26, 2023. Skift
Skift Take
CEO compensation is increasingly tied not just to financial metrics but also to softer targets like employee satisfaction scores and guest recommendation rates.
Hilton President and CEO Christopher Nassetta was awarded $58.7 million in pay last year, more than the chiefs at rival hotel operators Marriott, Wyndham, IHG, and Accor, according to documents filed this week with the U.S. Securities and Exchange Commission.
Rival companies Choice Hotels and Hyatt have yet to report their compensation figures.
CEOHotel GroupCompensation Actually Paid 2024 Pay (All in) 2023 Compensational Actually PaidLink to FilingChristopher Nassetta Hilton$58.7 million$27.9 million$56.8 millionFilingAnthony CapuanoMarriott$45.9 million$21.9 million$55.5 millionFilingGeoffrey BallottiWyndham$25.4 million$13.9 million$16 millionFilingElie MaaloufIHG$6.9 million £7.5 million£4.2 millionFilingSébastian BazinAccor$6.0 million€5.5 million€5.35 millionFilingWhat are these numbers? For U.S.-based hotel companies, Skift uses the "compensation actually paid" amount, which the SEC introduced in 2023 and aims to account for the value of stock and option awards as of year-end.
For decades, companies reported only the "pay all-in" figure, calculated based on the value of stock and options when they were awarded.
