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strategic hospitality management - Literature review Example
Pages 7 (1757 words)
Hilton Worldwide Table of Contents Business Bit 3 Journalistic Article 4 Overview of the global hospitality industry 4 Growth of the company in the recent times 6 Growth prospect of the company in markets around the world 6 Brief Conclusion 8 Reference 9 Business Bit Hilton Worldwide is a global hospitality chain based in America and is owned by the private equity firm Blackstone Group…
In discussing about the hospitality brands, that are owned, managed or franchised by the group, it can be said that the brands has a presence in almost every category like luxury, full service, select service, extended stay suites as well as timeshare. The Hilton Worldwide in the year 2011 was credited as the fastest growing major hotel company. As of the year 2011, the hospitality chain accumulated around 30 million HHonors members out of which 3.5 million members joined in the year 2011 itself. The hotel brand has presence in various continents around the world like the Americas, Europe, Middle East, Africa as well as Asia. Vital information about the company is given below in a summarised format: In 2011, the hotel company had an inventory of over 630,000 rooms all over the globe. The company is the owner of multiple popular brands which are present in around 90 countries. In the year 2006, the annual revenue of the hospitality company was around 7.44 billion USD. ...
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