Hilton Worldwide · McLean, VA United States
Company Description
More Companies in: Beverly Hills, California
More Companies in These Related Industries: Hotels & Motels
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This link will open in a new window If you need a bed for the night, Hilton Worldwide (formerly Hilton Hotels) has a few hundred thousand of them. The company is one of the world's largest hoteliers with a lodging empire that 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. Hilton is owned by private equity firm The Blackstone Group . To read the full description, subscribe now.
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Hilton Worldwide Reports
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Key Hilton Worldwide Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2008 Employees | 130,000 |
Hilton Worldwide Executives
43 executives listed for Hilton Worldwide's McLean, VA location.
| Title | Name & Bio | Contact |
| President and CEO | Christopher Nassetta | |
| EVP and CFO | Thomas Kennedy | |
| CIO | Robert Webb |
Competition
Competitive Landscape for Hilton Worldwide
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 Worldwide Competitors
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