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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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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Hilton Worldwide was founded by Conrad Hilton Worldwide in Cisco, Texas, in 1919 and had its headquarters in Beverly Hills, California, from 1969 until 2009.
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In 1919, Conrad Hilton Worldwide purchased his first hotel, the 40-room Mobley Hotel in Cisco, Texas, and bought additional Texas hotels as years passed.
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In 1927, Hilton Worldwide expanded to Waco, Texas, where he opened the first hotel with air-conditioning in public areas and cold running water.
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In 1943, Hilton Worldwide 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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In 1947, Hilton Worldwide assumed management of the Palacio Hilton Worldwide hotel in Chihuahua, Mexico, which became the chain's first international property.
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Hilton Worldwide International was founded as a wholly-owned subsidiary in 1948, just prior to the 1949 opening of the Caribe Hilton Worldwide Hotel in Puerto Rico.
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Hilton Worldwide purchased The Waldorf-Astoria in New York in the same year.
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One year later, Hilton Worldwide created the world's first central reservations office, titled "HILCRON".
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Later in 1955, Hilton Worldwide launched a program to ensure every hotel room would include air conditioning.
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Hilton Worldwide is credited with pioneering the airport hotel concept with the opening of the Hilton Worldwide Inn at San Francisco International Airport in 1959.
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In 1957, Hilton Worldwide assumed management of its first hotel in Central America, the El Panama Hilton Worldwide in Panama City, Panama.
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In 1961, Hilton Worldwide assumed management of its first hotel in South America, the Hotel Carrera in Santiago, Chile.
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In 1965, Hilton Worldwide launched Lady Hilton Worldwide, the first hotel concept created specifically for women guests.
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However, Hilton Worldwide was not affiliated with the brand until its acquisition of the parent company in 1999.
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Hilton Worldwide 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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In 1997, to minimize longtime consumer confusion, the American and British Hilton Worldwide 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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At that point, the Vista chain was phased out, while Conrad has been restyled as one of the luxury brands of Hilton and operates hotels within the U S as well as abroad.
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In 1998, Hilton Worldwide spun off its gaming operations into a separate, publicly held company called Park Place Entertainment .
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In 1999, Hilton Worldwide acquired Promus Hotel Corporation, which included the DoubleTree, Red Lion, Embassy Suites, Hampton Inn, and Homewood Suites brands.
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Company announced in February 2016 that Hilton Worldwide would turn its hotel holdings into a real estate investment trust.
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In February 2016, Hilton Worldwide announced its intention to spin off its timeshare and real estate businesses, creating three independent public companies.
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Hilton Worldwide uses various tiers, as seen below, to distinguish its properties.
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In 2016, Hilton Worldwide was named one of the "World's 25 Best Multinational Workplaces" by Fortune and Great Place to Work.
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