Access over 20 million homework & study documents

Hilton Hotel

Content type
User Generated
Subject
Economics
Type
Homework
Rating
Showing Page:
1/4
Running head: HILTON HOTELS 1
Hilton Hotels
Institution:
Date:

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/4
HILTON HOTELS 2
As one of the largest hotel brands in the world, Hilton hotels have grown tremendously in
the recent past. The hotels brand was formed by Conrad Hilton in the year 1919 after buying his
ever first property-the Mobley hotel. Currently, Hilton hotels are the world leading hospitality
firm owing over 2,000 hotels in the US. In the year the 1940s, the founder of the hotels was
owning a large chain of premium hotels across the world. The year 1960s saw Hilton sell its
international operation in order to concentrate on franchising and management contracts.
Through this, it was easy for the company to form an innovative joint venture appointments
which would later become a standard industry practice (Huckestein & Duboff, 1999). Later, the
company entered into casino hotels which were to become the primary source of the company’s
source of revenue. After then, the company continued to grow even after the death of founder
Conrad Hilton. Currently, there are above 570 Hilton hotels in six continents, and it is still
developing globally.
Hilton hotels success can be attributed to its strength. For example, it has a good
reputation in the market as well as brand recognition. Further, it has a wider market in over 78
nations and has been in the market for a long time. The company also has good worker retention
due to the conducive working environment. However, it has some weaknesses. For example, its
operations worldwide are affected by government regulations in different nations as well as
limited market share. On opportunities, the company has a better use of technology which places
it above its competitors as well as innovation in customer facilities. It also boasts of potential for
emerging market worldwide. Lastly, there are threats which Hilton hotels face. There is
competition based on price point, political and economic threats in different nations and
stagnated growth in some countries.

Sign up to view the full document!

lock_open Sign Up
Showing Page:
3/4

Sign up to view the full document!

lock_open Sign Up
End of Preview - Want to read all 4 pages?
Access Now
Unformatted Attachment Preview
1 Running head: HILTON HOTELS Hilton Hotels Institution: Date: HILTON HOTELS 2 As one of the largest hotel brands in the world, Hilton hotels have grown tremendously in the recent past. The hotels brand was formed by Conrad Hilton in the year 1919 after buying his ever first property-the Mobley hotel. Currently, Hilton hotels are the world leading hospitality firm owing over 2,000 hotels in the US. In the year the 1940s, the founder of the hotels was owning a large chain of premium hotels across the world. The year 1960s saw Hilton sell its international operation in order to concentrate on franchising and management contracts. Through this, it was easy for the company to form an innovative joint venture appointments which would later become a standard industry practice (Huckestein & Duboff, 1999). Later, the company entered into casino hotels which were to become the primary source of the company’s source of revenue. After then, the company continued to grow even after the death of founder Conrad Hilton. Currently, there are above 570 Hilton hotels in six continents, and it is still developing globally. Hilton hotels success can be attributed to its strength. For example, ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Anonymous
Nice! Really impressed with the quality.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4