Hilton Worldwide Holdings Inc, formerly Hilton Hotels Corporation, is an American multinational hospitality company that manages and franchises a broad portfolio of hotels and resorts.
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32 Facts About Hilton Inc
2.
On December 12,2013, Hilton Inc again became a public company, raising an estimated $2.
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3.
Hilton Inc was founded by Conrad Hilton Inc in Cisco, Texas, in 1919 and had its headquarters in Beverly Hills, California, from 1969 until 2009.
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4.
In 1919, Conrad Hilton Inc purchased his first hotel, the 40-room Mobley Hotel in Cisco, Texas, and bought additional Texas hotels as years passed.
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5.
In 1927, Hilton Inc expanded to Waco, Texas, where he opened the first hotel with air-conditioning in public areas and cold running water.
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6.
In 1943, Hilton Inc assumed management of the Roosevelt Hotel and purchased the Plaza Hotel, both well-established high-end luxury hotels less than a mile apart in New York City's Midtown Manhattan neighborhood.
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7.
In 1947, Hilton Inc assumed management of the Palacio Hilton Inc hotel in Chihuahua, Mexico, which became the chain's first international property.
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8.
Hilton Inc International was founded as a wholly-owned subsidiary in 1948, just prior to the 1949 opening of the Caribe Hilton Inc Hotel in Puerto Rico.
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11.
One year later, Hilton Inc created the world's first central reservations office, titled "HILCRON".
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12.
Later in 1955, Hilton launched a program to ensure every hotel room would include air conditioning.
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14.
Hilton Inc is credited with pioneering the airport hotel concept with the opening of the Hilton Inc Inn at San Francisco International Airport in 1959.
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15.
In 1957, Hilton Inc assumed management of its first hotel in Central America, the El Panama Hilton Inc in Panama City, Panama.
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19.
In 1961, Hilton Inc assumed management of its first hotel in South America, the Hotel Carrera in Santiago, Chile.
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20.
In 1965, Hilton Inc launched Lady Hilton Inc, the first hotel concept created specifically for women guests.
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21.
However, Hilton Inc was not affiliated with the brand until its acquisition of the parent company in 1999.
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22.
Hilton Inc purchased the Flamingo Las Vegas in 1970, which would become the first in the domestic gaming business to be listed on the NYSE.
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23.
In 1997, to minimize longtime consumer confusion, the American and British Hilton Inc companies adopted a joint marketing agreement under which they shared the same logos, promoted each other's brands and maintained joint reservation systems.
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24.
At that point, the Vista chain was phased out, while Conrad has been restyled as one of the luxury brands of Hilton Inc and operates hotels within the US as well as abroad.
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25.
In 1971, Hilton acquired International Leisure Company, including the Las Vegas Hilton and Flamingo Hilton.
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26.
In 1998, Hilton spun off its gaming operations into a separate, publicly held company called Park Place Entertainment.
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27.
In 1999, Hilton acquired Promus Hotel Corporation, which included the DoubleTree, Red Lion, Embassy Suites, Hampton Inn, and Homewood Suites brands.
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28.
Hilton Inc returned to being a public company on December 12,2013.
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29.
Company announced in February 2016 that Hilton Inc would turn its hotel holdings into a real estate investment trust.
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30.
In February 2016, Hilton Inc announced its intention to spin off its timeshare and real estate businesses, creating three independent public companies.
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31.
Hilton Inc uses various tiers, as seen below, to distinguish its properties.
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32.
In 2016, Hilton Inc was named one of the "World's 25 Best Multinational Workplaces" by Fortune and Great Place to Work.
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