Hilton Hotels Corporation · McLean, VA United States
Company Description
Phone: 310-278-4321
Fax: 310-205-7678
Rankings
- #296 in FORTUNE 500
View Hilton Hotels Corporation Locations On A US Map
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If you need a bed for the night, Hilton Hotels has a few hundred thousand of them. One of the largest hoteliers in the world, the company's lodging empire includes about 3,200 hotels and resorts in nearly 80 countries operating under such names as Doubletree , Embassy Suites, and Hampton, as well as its flagship Hilton brand. Many of its hotels serve the mid-market segment, though its Hilton and Conrad hotels offer full-service, upscale lodging. In addition, its Homewood Suites chain offers extended-stay services. The company franchises many of its hotels; it owns the Waldorf-Astoria and the New York Hilton. Private equity firm The Blackstone Group bought Hilton in 2007 for about $20 billion plus debt. To read the full description, subscribe now.
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Key Hilton Hotels Corporation Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $8,090.0 |
| 2008 Employees | 130,000 |
Hilton Hotels Corporation Executives
85 executives listed for Hilton Hotels Corporation's McLean, VA location.
| Title | Name & Bio | Contact |
| Chairman | William Barron Hilton | Network |
| President and CEO | Christopher Nassetta | Network |
| CFO | Thomas Kennedy | Network |
Competition
Competitive Landscape for Hilton Hotels Corporation
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Hilton Hotels Corporation Competitors
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