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Nowadays in the world, almost everyone knows there is a hotel named HILTON, which is often described as Hilton has become and is synonymous for the word Hotel. Hilton is absolutely one of the most important hotel groups in the lodging industry, which owns 4 hotels worldwide, 147,667 rooms worldwide, 8% brand awareness worldwide and 7% overall guest satisfaction.
The culture of Hilton is to Be Big Think Big. Act Big. Dream Big. Conrad Hilton is the founder of Hilton hotels, who purchased his first hotel in Cisco, Texas back in 11. He said it has been my experience that the way most people court failure is by misjudging their abilities, belittling their worth and value. Did you ever think what can happen to a plain bar of iron, worth about $5.00? The same iron when made into horseshoes is worth $10.50, if made into needles, it is worth $,50.85, and if turned into balance springs for watches its value jumps to $50,000. After he has purchased the first hotel, in 14, Hilton became the first coast-to-coast hotel chain in the United States, and in 14, open its first hotel outside the U.S. in San Juan, Puerto Rico. Hilton went on the New York Stock Exchange in 146, and Conrad Hilton purchased the Waldorf Astoria in 14.
Hilton has several world-renowned, marquee properties; some of which are Beverly Hilton, Cavalieri Hilton in Rome, Hilton Athens, Hilton San Francisco, Hilton New York, Hilton Hawaiian Village, Hilton Waikoloa Village, Paris Hilton, and others. Based on the culture of being big and the philosophy of doing business together, which is the principle of franchising, Hilton develops a lot of hotels. They consider franchising as when you develop a Hilton Hotels Corporation franchise, you're not just developing a hotel, but a relationship with our entire family of brands. Advantages like our friendly corporate staff, franchising expertise and competitive fees make this a hotel company you'll want to stay with for a long time. The brands include Conrad Hotels, Doubletree, Embassy Suites Hotels, Hampton Inn, Hampton Inns & Suites, Hilton Hotels, Hilton Garden Inn, and Homewood Suites by Hilton.
Hilton group is a huge family in the lodging industry all over the world, so their mission must be a great one, which is described by themselves as Our mission is to be regarded as the worlds best hotel organization, to prosper as a business for the benefit of our guests, our Hilton team members, our owners, and our investors. Were confident that when it comes to the most important question of all -- Which hotel company serves my needs best? -- youll know the answer is without a doubt Hilton Hotels Corporation.?With all the efforts they made, they intend to achieve a long term vision as At Hilton Group, we operate to high standards of performance and advocate socially and environmentally responsible business practice. Our aim is to bring a positive benefit to the societies in which we operate, through high quality services, economic growth, environmental protection, community involvement and, of course, employment.
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Hilton is very successful in running the franchising system and overall hotel management, which can be examined from its annual report
In millions, except per share amounts 01 0 Percent Change
Revenue , ,847 (4) %
EBITDA1 1,07 0 (8)
Operating income 6 60 (5)
Net Income 166 18 1
Net Income per share .45 .5 18
Cash earnings per share 1.0 1.08 5
1.Earnings before interest, taxes, depreciation, amortization, pre-opening expense and non-cash items
.Net income, adjusted for the effect of dilutive convertible securities, plus depreciation and amortization less maintenance capital expenditures, divided by diluted shares outstanding.
The net income is very high, and the cash earnings per share is good as well, which enable Hilton to occupy a stable position in top of the world lodging industry.Please note that this sample paper on INTRODUCTION OF HILTON is for your review only. In order to eliminate any of the plagiarism issues, it is highly recommended that you do not use it for you own writing purposes. In case you experience difficulties with writing a well structured and accurately composed paper on INTRODUCTION OF HILTON, we are here to assist you. Your cheap custom research papers on INTRODUCTION OF HILTON will be written from scratch, so you do not have to worry about its originality.
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