Added: 03/14/2006 |
The origins of Hilton Hotels Corporation can be traced back to 1919, when Conrad Hilton purchased his first hotel in Cisco, Texas. Since then the chain has grown to more than 500 hotels in cities all over the world, with Hilton as the flagship brand of the company and the most widely recognized name in the international lodging industry. With more than 2,300 resort, hotels and vacation ownership properties, owned, managed and franchised by the company, Hilton Hotels Corporation is considered to be one of the leading hospitality companies in the world.
Whether it is Waikiki's Hilton Hawaiian Village, New York's Waldorf, or Chicago's Palmer House, Hilton short breaks are always a memorable experience, regardless of which of Hilton brands you may give preference to.
Choosing the company's brands and hotels, you are sure to get the finest services, accommodations, amenities and value for your leisure and business. Throughout its history, Hilton Hotels Corporation has adhered to its founding principles, such as to invest in team members, to deliver innovative services and products, to expand the family of brands, to improve performance in the balanced scorecard and strengthen the loyalty to the company's constituents.
While the Hilton Hotels Corporation has -- for over eight decades -- been associated with excellence and superiority in hospitality industry, the acquisition of Promus Hotel Corporation in 1999 has expanded its family of brands to include some of the most highly respected and best-known brand names, like Doubletree, Hampton Inn, Homewood Suites by Hilton and Embassy Suites Hotels. Through the acquisition of a number of the world's most prominent hotels, Hilton Hotels Corporation is now able to offer its visitors the greatest possible selection of hotel lodging and accommodations, such as five-star city center hotels, all-suite hotels, convention properties, destination resorts, extended stays, vacation ownership, conference centers and airport hotels.
Today Hilton is seen as the major industry competitor in many areas, including hotels ownership, hotels management and franchise, vacation ownership and international business travel programs. Such unique hotel assets of Hilton as Chicago's Palmer House Hilton, the Hilton San Francisco and the Hilton Hawaiian Village occupy some the best locations in the top markets across the nation.
The company is also a renowned franchisor of hotels, with income from management accounting for nearly 30% of its cash flow. As of 2001 it opened more than 63,000 rooms in 430 hotels, consisting primarily of Hilton Garden Inn Hotels, Hampton Inn and Homewood Suites by Hilton. The vacation ownership business of Hilton Hotels Corporation, Hilton Grand Vacations Club operates properties in a number of locales nationwide, notably in Las Vegas, Miami, Honolulu and Orlando.
The company's strategic alliance with the London based company Hilton International offers customers an extensive system of 2,700 hotels located in over 70 countries worldwide. In addition, Conrad International features a chain of five-star hotels in Ireland, England, Singapore, Hong Kong, Egypt and Turkey.
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