Hilton Hotels and Resorts Franchise
Hilton Hotels and Resorts is a franchise for a group of hotels and resorts. It was founded by Conrad Hilton in 1919. He first ventured into the hotel industry when he bought the Mobley Hotel that was in Cisco, Texas.
The first hotel that had the Hilton name was the Dallas Hilton which was in Dallas, Texas. They bought the Statler Hotel chain in 1954 and this made them the largest company in the hospitality business in the world. The Hilton Hotel and Resorts is currently owned by Hilton Worldwide. In 2010, there were already more than 540 hotels that are Hilton branded. They have locations in about 76 countries all over the world and in 6 continents. Their main market is the business traveller but they also have leisure hotels and resorts located in various vacation destinations in different countries around the world.
Hilton Worldwide is also known for the’ honors loyalty program’ that they offer their customers. They have partnerships with a number of car rental companies and airlines. This loyalty program can be used to earn and redeem points by getting free nights in over 3,500 properties under Hilton Worldwide.
What hotels are under the Hilton Worldwide?
For luxury stays, they have the legendary Waldorf Astoria in New York. It was said that Conrad Hilton wrote on a picture of Waldorf Astoria the words “The Greatest of Them All” and he dreamed of adding it to his hotel collection. He fulfilled that dream in 1949. Another luxury hotel is the Conrad. For full service hotels, they have the Hilton Hotels and Resorts, Doubletree, and Embassy Suites. For focused service, they have Hilton Garden Inn, Homewood Suites, Hampton, and Home2 Suites. They also offer time sharing through the Hilton Grand Vacations.
Hilton Hotels and Resorts have been known for their innovative ideas on services, amenities, and products. They were the first one who installed televisions in guest rooms. They were also the first hotel who earned a certification from the Leadership in Energy and Environmental Design (LEED) and an environmental certification from the Green Seal. They were also the first one who introduced the concept of airport hotels and the multi-hotel reservation system. Besides that, they were the first who had a coast to coast chain of hotels in the United States.
Costs and Requirements Associated with Running an Hilton Hotels and Resorts?
Expect to be investing about $53,382,000 to $90,149,000. The Hilton Hotels and Resorts Franchise fee is $85,000 with an on-going royalty fee of 5%. This is for a renewable 22 year term agreement. You would need about 150 employees to run one location. They allow absentee ownership.
What’s included in the franchise package?
Hilton Hotels and Resorts will provide training for 3 days at the headquarters and additional trainings at existing hotels and regional offices. You will be receiving newsletters, toll free phone number, attend meetings and given access to the internet and purchasing cooperatives. You will get assistance during the grand opening and expect occasional field evaluations. For marketing, there will be co-op advertising, ad slicks, regional advertising, and national media.
Hilton Hotels and Resorts Contact Details
You May Reach Them At:
Address: 7930 Jones Branch Dr. McLean, Virginia 22102
Phone: (800)286-0645 or (703)883-1000