Business in Asia Pacific TERM PAPER Hilton Corporation Hotel and Marriott Hotel liner the Indian high life Hotel Industry TABLE OF CONTENT INTRODUCTION3 1The Luxury Hotel industry in India4 2Hilton International4 2.1Hilton Hotels Corporation (HHC) on a global perspective4 2.2Hilton Hotel Corporation in India6 3comprasion of the two different strategy15 3.1HHCs co-branding16 3.2Mariott Hotels penetration16 Bibliography17 INTRODUCTION 1. THE lavishness HOTEL INDUSTRY IN INDIA 2. HILTON INTERNATIONAL 1. HILTON HOTELS CORPORATION (HHC) ON A planetary PERSPECTIVE Facts & Figures In 1919 Conrad Hilton bought his first hotel in Cisco (Texas). The first hotel down the stairs the name Hilton was built in Dallas in 1925. In 1945 Hilton contract the first hotel group of the United States and 6 years later, they unfastened new hotels outside of USA in San Juan, Porto Rico and bought the Waldorf Astoria in New-York. Hilton Hotels Corporation (HHC) is now managed by the Blackstone Group, an American investment bank, which bought it for more(prenominal) than 26 billion $. [Corporate Financing Week. August 2007] Nowadays, HHC is based in Beverley Hills in California and employs about 135000 employees. The company enter revenues of $8090 one thousand thousand and a net profit of $121 million in the financial year 2007.
[HHC annual report 2007] | carousel ten hotel groups in the world | |Rank |Group |Hotels |Hotels |Evol. | inhabit |Rooms |Evol. | |2008 (2007) | |2008 |2007 |Hotels |2008 |2007 |Rooms | |2 (2) |Wyndham Worldwide |6 544 |6 473 |71 |550 576... If you want to get a full essay, ramble it on our website:
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