Conrad Hilton is a world-famous American entrepreneur who founded the Hilton hotel chain. Hilton Hotels Corporation owns hotels worldwide. Mr. Hilton has taken hotel business to a whole new level of development. Today, this person’s ideas are world norms.
Hilton’s tremendous condition is constantly being debated and talked about. And the great-granddaughter of billionaire Paris Hilton regularly heats up rumors about the life of his famous great-grandfather.
Birth and first attempts at entrepreneurship
Conrad Hilton was born on December 25, 1887. It happened in the American city of San Antonio, New Mexico. The boy was born into the family of a grocery store director. After graduating from high school, the guy went to college. There he mastered the specialty of mining engineer. After graduating from high school, young Konrad returned to his father's house and began to help dad in his store. But soon Conrad's father became a deputy, and the future entrepreneur became his assistant.
Conrad Hilton went to the front as soon as the First World War began. He was demobilized in 1918, and after that he decided to live an independent life. Conrad became interested in business, which became his priority business. Hilton opened a bank, but he after a short period of existence went bankrupt. After that, the man tried several times to create such institutions, but all his attempts were unsuccessful.
The birth of the hotel business
In 1919, Conrad Hilton accidentally ended up at the Mobley Hotel, which was located in the small town of Sisco (Texas). For this institution, the name "hotel" was too loud. The establishment looked more like a sleeper than a decent hotel. It was here that Hilton came up with the idea of doing hotel business: he acquired Mobley, and a year later, under his strict guidance, every meter of the hotel began to make a profit. Konrad increased the number of beds, and in the hall he arranged glass cases with various details, such as razors, magazines and more.
The new business began to develop successfully. A year later, the entrepreneur bought several more hotels. In 1925, he organized his first own Dallas Hilton hotel. Then he began to receive offers about managing hotels throughout Texas. Now the rapid growth of Conrad’s financial well-being begins: every year he opens one hotel.
His company was becoming larger, she even managed to successfully overcome the crisis that took place in the 30s of the past century. During this time, Conrad learned to manage a business in the face of financial instability. Now Hilton hotels were located throughout America. The businessman built his own hotels and bought them from competitors.
Hilton Hotels Corporation
Conrad Hilton, an American entrepreneur, established the Hilton Hotels Alliance in 1946. This hotel chain has become the largest in the United States. The company's turnover has grown to such an extent that in 1949 Hilton managed to buy Waldorf-Astoria, the most luxurious hotel in New York. In the same 1949, the first hotel was opened outside of America. It was located in Puerto Rico.
By the early 60s of the 20th century, Hilton Hotels had become the most technologically advanced hotel chain on the planet. At that time, the network consisted of one hundred hotels around the world. Conrad Nicholson Hilton himself acquired the status of a multimillionaire. His business continued to grow. The modern Hilton hotel chain has approximately one thousand institutions located in different countries of the world.
The life of the king of hotel business in retirement age
Conrad Hilton, whose photo can be seen in our article, moved away from managing the company in 1966. At that time he was 78 years old. His post was inherited by the son of Barron. Hilton was chairman of the board until the last moment of his life. Having retired, Conrad Nicholson began to actively engage in charity work and began to speak in front of a student audience. In addition, he created a Catholic foundation, which he named after himself. Also, the businessman funded at the University of Houston College of Restaurant and Hotel Management. Hilton.
Hilton Legacy
Conrad Hilton (a biography is summarized in our material) left behind a huge fortune. But this is not his whole legacy: it was this entrepreneur who brought the hotel business to a new level of development. Hilton's ideas today are global norms. It was Conrad who became the founder of the system of dividing hotels according to the "star" principle. He also owns the idea of a “standard set of services” that applies to all hotels in the network.
Conrad was the first to start trading necessities in the hotel halls. The hotel discount system was also developed by Hilton. For the first time, all the attributes of a modern hotel appeared in Hilton hotels: automatic locks installed in the doors of rooms, air conditioning and much more.