The hotel operator disclosed in a regulatory filing Monday that the offering is expected to price between $18 and $21 a share.
The company anticipates net proceeds of about $1.21 billion, based on the midpoint of the projected price range.
Hilton is offering about 64.1 million shares. Hilton Global Holdings is offering approximately 48.7 million shares.
Hilton has 4,080 hotels, resorts and timeshare properties. Its brands include Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, and Hampton Inn.
Hilton was taken private by The Blackstone Group investment firm in October 2007 for $20 billion.
The stock is expected to list on the New York Stock Exchange under the ticker symbol "HLT."