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Encyclopedia > Hilton Hotels Corporation
Hilton Hotels Corporation
Type Public (NYSE: HLT)
Founded Flag of the United States Cisco, Texas, USA
Headquarters Beverly Hills, California, USA
Key people Barron Hilton, Co-Chairman / Stephen Bollenbach, Chairman & CEO / Matt Hart, President & COO
Industry Hotels
Revenue $8.162 billion USD (2006)
Employees 105,000
Slogan be hospitable
Website Hilton Hotels Corporation
Hilton Hotels Corporation headquarters in Beverly Hills
Hilton Hotels Corporation headquarters in Beverly Hills

Hilton Hotels Corporation (NYSE: HLT) is one of the leading global hospitality companies. As of April 2007 there are 2,645 hotels and 485,000 rooms employing 105,000 people in more than 80 countries. The company owns, manages or franchises a portfolio of brands, including Hilton, Conrad, Doubletree, Embassy Suites Hotels, Hampton Inn, Hampton Inn & Suites, Hilton Garden Inn, Hilton Grand Vacations, Homewood Suites by Hilton, and The Waldorf=Astoria Collection. It was founded by Conrad Hilton in Cisco, Texas and now has headquarters in Beverly Hills, California. Image File history File links No higher resolution available. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Image File history File links This is a lossless scalable vector image. ... Cisco is a city located in Eastland County, Texas. ... Official language(s) No official language See languages of Texas Capital Austin Largest city Houston Largest metro area Dallas–Fort Worth Metroplex Area  Ranked 2nd  - Total 261,797 sq mi (678,051 km²)  - Width 773 miles (1,244 km)  - Length 790 miles (1,270 km)  - % water 2. ... “Beverly Hills” redirects here. ... William Barron Hilton I (born October 23, 1927) is an American heir and co-chairman of the Hilton Hotel chain and paternal grandfather of Paris Hilton and Nicky Hilton. ... this guy attended CSUN! ... For other uses, see Hotel (disambiguation). ... Look up revenue in Wiktionary, the free dictionary. ... The United States dollar is the official currency of the United States. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ... Look up slogan in Wiktionary, the free dictionary. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Image File history File links Size of this preview: 785 × 599 pixelsFull resolution (1265 × 966 pixel, file size: 376 KB, MIME type: image/jpeg) The headquarters of Hilton Hotels Corporation in Beverly Hills, California. ... Image File history File links Size of this preview: 785 × 599 pixelsFull resolution (1265 × 966 pixel, file size: 376 KB, MIME type: image/jpeg) The headquarters of Hilton Hotels Corporation in Beverly Hills, California. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Conrad Nicholson Hilton, Sr. ... Cisco is a city located in Eastland County, Texas. ... Official language(s) No official language See languages of Texas Capital Austin Largest city Houston Largest metro area Dallas–Fort Worth Metroplex Area  Ranked 2nd  - Total 261,797 sq mi (678,051 km²)  - Width 773 miles (1,244 km)  - Length 790 miles (1,270 km)  - % water 2. ... “Beverly Hills” redirects here. ... Official language(s) English Capital Sacramento Largest city Los Angeles Largest metro area Greater Los Angeles Area  Ranked 3rd  - Total 158,302 sq mi (410,000 km²)  - Width 250 miles (400 km)  - Length 770 miles (1,240 km)  - % water 4. ...


Aiming to offer top class service to its guests, Hilton has become a leader in the hospitality industry. The company is around 5% owned by the founding family. The hospitality industry is a 3. ...


On July 3, 2007, Hilton announced plans to merge with the Blackstone Group in an all cash deal valued at $26 billion USD.[1][2] is the 184th day of the year (185th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ... Blackstone Group L.P. (NYSE: BX) is a prominent private equity and investment management firm founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman. ...

Contents

History

The original company was founded in 1919 by Conrad Hilton. Conrad Nicholson Hilton, Sr. ...


The Hotels Statler Company was acquired in 1954 for $111,000,000 in what was then the world's largest real estate transaction. The Statler Hotel chain was founded by Ellsworth Statler (October 26, 1863 - April 16, 1928) in 1901 in Buffalo, New York then host to the Pan-American Exposition. ...


The company separated its international operations into a separate traded company on December 1, 1964, known as Hilton International Co.. In 1967 Trans World Corp., the holding company for Trans World Airlines, acquired the separated company. In 1986 it was sold to UAL Corp., the holding company for United Airlines, who became Allegis Corp. in an attempted to re-incarnate itself as a full service travel company encompassing Westin Hotels and Hertz rental cars in addition to Hilton International and United Airlines. In 1987 after a corporate putsch, the renamed UAL Corp. sold Hilton International to Ladbroke Group plc, a British leisure and gambling company, which in May 1999 adopted the name Hilton Group plc. is the 335th day of the year (336th in leap years) in the Gregorian calendar. ... Also Nintendo emulator: 1964 (emulator). ... Trans World Corporation was the original name of the holding company set up to own Trans World Airlines. ... Trans World Airlines (IATA: TW, ICAO: TWA, and Callsign: TWA), commonly known as TWA, was an American airline company that was acquired by American Airlines in April 2001. ... UAL Corporation (NASDAQ: UAUA) is an airline holding company, incorporated in Delaware with headquarters in Chicago, Illinois. ... United Airlines, also known as United Air Lines, Inc. ... Westin Hotels chain is owned by Starwood Hotel and Resorts Worldwide. ... The Hertz Corporation (also known as Hertz Rent A Car or simply Hertz) is the worlds largest car rental company, with 1900 locations in the United States and 5100 worldwide. ... Ladbrokes plc (LSE: LAD) is a British based gambling company. ...


As a result, there have been two separate, fully independent companies operating hotels under the Hilton name. Those Hilton Hotels outside the US were, until recently, styled as Hilton International hotels. In addition, for many years hotels run by the Hilton Group in the US were called Vista International Hotels, while hotels operated by the American arm of Hilton outside the US were named Conrad Hotels. The Vista chain has been phased out, while Conrad is now restyled as one of the luxury brands of Hilton (along with The Waldorf-Astoria Collection) and operates hotels within the US, as well as abroad. To minimize consumer confusion, the American and British Hilton companies, for the last few years, had a joint marketing agreement under which they share the same logos, promote each other's brands and maintained joint reservation systems. The swimming pool in Conrad Hong Kong Conrad Hotels is a luxury hotel brand controlled by Hilton Hotels Corporation and is based in Beverly Hills, California. ...


In 1971, Hilton acquired International Leisure Company, acquiring the Las Vegas Hilton and Flamingo Hilton with the purchase.[3] The Las Vegas Hilton is a hotel, casino, and convention center in Las Vegas, Nevada owned by Colony Capital. ... The Flamingo in 1947 The Flamingo Las Vegas is owned and operated by Harrahs Entertainment and is located on the Las Vegas Strip in Las Vegas, Nevada. ...


HHC was granted the naming rights to the George R. Brown Convention Center in late 2003. The Hilton Americas in Downtown Houston, Texas, is connected to the convention center. The George R. Brown Convention Center was opened on September 26, 1987 on the east side of downtown Houston. ... “Houston” redirects here. ...


On December 29, 2005, Hilton Hotels Corporation agreed to re-acquire Hilton International along with its Conrad Hotels, Scandic Hotels and LivingWell Health Clubs affiliates from British-based Hilton Group plc for GBP 3.3 billion (or $5.71 billion) bringing the two groups back together. Hilton Group then re-assumed the name Ladbroke Group plc. On February 23, 2006, the deal closed, making Hilton Hotels the world's fifth largest hotel operator in number of rooms [4]. is the 363rd day of the year (364th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... Scandic hotels is a mid-range chain of 140 hotels operated by Hilton Hotels Corporation. ...


The Waldorf=Astoria Collection was announced on January 17, 2005 as a new Luxury Brand. is the 17th day of the year in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...


On March 1, 2007, Scandic Hotels was sold to EQT V Group.[5] is the 60th day of the year (61st in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ...


On July 3, 2007, Hilton Hotels Corp, agreed to an all-cash buyout from The Blackstone Group LP in a $20.1 billion deal that would make Blackstone the world's largest hotel owner. The private equity group said it would combine cash from its real estate and corporate private equity funds to buy all outstanding Hilton shares for $47.50 each, a 32 percent premium over the July 3 closing stock price. The companies valued the deal at $26 billion including debt. is the 184th day of the year (185th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ...


Boycott in Norway

In Norway Scandic Hotels, owned previously by the Hilton Hotel Corporation, faced an uproar for refusing to book rooms for a Cuban delegation because of the U.S. trade embargo on the communist-run island. The 300,000-member Norwegian Union of Municipal and General Employees said it would boycott all Scandic hotels in Norway. The Norwegian Foreign Ministry said all companies operating in Norway have to obey Norwegian law. It's expected the court will order the Scandic Hotels to pay fines for expelling guests.[6] [7] [8] [9] Billboards carrying messages attacking George W Bush (this one depicts him as a fascist) can be seen all over Cuba. ... The Royal Norwegian Ministry of Justice and the Police (Justis- og politidepartementet) is a Norwegian government ministry in charge of justice, police and domestic intelligence. ...


Hilton brands

Entrance of the Beverly Hilton Hotel in Beverly Hills, California Beverly Hilton Hotel viewed from Wilshire Boulvard Hilton is a brand of the Hilton Hotels Corporation, based in Beverly Hills, California. ... The swimming pool in Conrad Hong Kong Conrad Hotels is a luxury hotel brand controlled by Hilton Hotels Corporation and is based in Beverly Hills, California. ... DoubleTree Logo // About DoubleTree Doubletree is an upscale hotel chain operated by Hilton Hotels Corporation. ... Embassy Suites Hotels is a chain of hotels, which specializes in suite-style rooms. ... Hilton Hotels Corporation NYSE: HLT operates one of the worlds largest chains of hotels. ... Hilton Hotels Corporation NYSE: HLT operates one of the worlds largest chains of hotels. ... Hilton Hotels Corporation NYSE: HLT operates one of the worlds largest chains of hotels. ... Hilton Grand Vacations Company, a subsidiary of Hilton Hotels, based in Orlando, Florida is a leading operator of timeshare resorts with about 30 properties in Colorado, Florida, Hawaii, Nevada, and New York. ... Homewood Suites by Hilton(R) - Make Yourself at Home(R) Homewood Suites by Hilton allows you to feel closer to home whether you’re traveling for a few nights or longer. ... The Waldorf-Astoria Collection is a luxury collection of Hilton Hotels premiere, most luxurious and most identifiable boutique hotels and resorts. ... Hilton HHonors[sic] is the loyalty program of the Hilton Hotels Corporation. ...

See also

The Hanoi Hilton in a 1970 aerial surveillance photo. ...

External links

  • Hilton Hotels Corporation
  • Hilton HHonors

References

  1. ^ (2007-07-03). Hilton Hotels Corporation to be Acquired by Blackstone Investments Funds. Press release. Retrieved on 2007-07-03.
  2. ^ "Blackstone Group to Buy Hilton Hotels", Yahoo! Finance, 2007-07-03. Retrieved on 2007-07-03. 
  3. ^ Nevada Gaming Abstract - MGM MIRAGE Company Profile. Retrieved on 2007-03-26.
  4. ^ MGM Consulting
  5. ^ www.eqt.se
  6. ^ Sioux City Journal
  7. ^ Miami Herald
  8. ^ Norway Post
  9. ^ aftenposten
Hilton

Conrad Hotels | Doubletree | Embassy Suites Hotels | Hampton Inn | Hilton Hotels | Hilton Garden Inn | Hilton Grand Vacations Club | Homewood Suites by Hilton | Scandic | The Waldorf-Astoria Collection A press release (sometimes known as a news release or press statement) is a written or recorded communication directed at members of the news media for the purpose of announcing something claimed as having news value. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ... is the 184th day of the year (185th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ... is the 184th day of the year (185th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ... March 26 is the 85th day of the year (86th in leap years) in the Gregorian calendar. ... The swimming pool in Conrad Hong Kong Conrad Hotels is a luxury hotel brand controlled by Hilton Hotels Corporation and is based in Beverly Hills, California. ... DoubleTree Logo // About DoubleTree Doubletree is an upscale hotel chain operated by Hilton Hotels Corporation. ... Embassy Suites Hotels is a chain of hotels, which specializes in suite-style rooms. ... Hilton Hotels Corporation NYSE: HLT operates one of the worlds largest chains of hotels. ... Entrance of the Beverly Hilton Hotel in Beverly Hills, California Beverly Hilton Hotel viewed from Wilshire Boulvard Hilton is a brand of the Hilton Hotels Corporation, based in Beverly Hills, California. ... Hilton Hotels Corporation NYSE: HLT operates one of the worlds largest chains of hotels. ... Hilton Grand Vacations Club, is the vacation ownership program owned by Hilton Hotels Corporation. ... Homewood Suites by Hilton(R) - Make Yourself at Home(R) Homewood Suites by Hilton allows you to feel closer to home whether you’re traveling for a few nights or longer. ... Scandic hotels is a mid-range chain of 140 hotels operated by Hilton Hotels Corporation. ... The Waldorf-Astoria Collection is a luxury collection of Hilton Hotels premiere, most luxurious and most identifiable boutique hotels and resorts. ...


 
 

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