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As
of April 2007 there are 2,645 hotels and 485,000 rooms employing 101,000
people in more than 80 countries. The company owns, manages or franchises a
portfolio of brands, including Hilton, Conrad Hotels, Doubletree, Embassy Suites
Hotels, Hampton Inn, Hampton Inn & Suites, Hilton Garden Inn, Hilton Grand
Vacations, Homewood Suites by Hilton, and The Waldorf-Astoria Collection. It
was founded by Conrad Hilton in Cisco, Texas and now has headquarters in
Beverly Hills, California.
Aiming to offer top class service to its guests, Hilton has become a leader in the
hospitality industry. The company is around 5% owned by the founding family.
Hilton brands
• Hilton Hotels
• Conrad Hotels
• Doubletree
• Embassy Suites Hotels
• Hampton Inn
• Hampton Inn & Suites
• Hilton Garden Inn
• Hilton Grand Vacations Company
• Homewood Suites by Hilton
• The Waldorf-Astoria Collection
• LivingWell Health Clubs operates health and fitness clubs in the group's
hotels. It also includes a chain of standalone clubs, which are mainly in the
UK, but has a small number of branches in other countries.
DLF Hotels is an integrated hospitality development and ownership company
focused on premium segment hotels, resorts, serviced apartments, and family
recreational clubs. DLF Hotels has a vision to be India's leading hospitality
development and asset Ownership Company, and amongst the largest such
companies globally.
DLF Hotels is the hospitality development arm of DLF Ltd, India’s largest and
most reputed real estate development company.
DLF Hotels, and through its joint venture with Hilton Hotels, DLF-Hilton Hotels, is
developing a chain of business hotels and serviced apartments throughout India.
The developments include world renowned hotel brands such as the Conrad,
Hilton, Hilton Garden Inn and serviced apartment / extended stay products such
as Hilton Residences and Homewood Suites. With 5,000 rooms under active
development, the DLF-Hilton together will create 50-70 hotels and serviced
apartments across India by 2012.
DLF Hotels has also signed an agreement with Four Seasons Hotels and
Resorts to operate a luxury hotel at DLF Golf Links, in Gurgaon. Targeted to
open by end 2010, Four Seasons Hotel Gurgaon will be located at the DLF Golf
& Country Club in DLF City, Gurgaon. The 230 room Hotel will overlook the
picturesque 18-hole, Arnold Palmer Signature Golf Course, and will feature
several dining options, a full feature spa, as well as facilities for meetings and
functions.
PARTNERS
Amanresorts Group
Hilton Hotels Corporation is the leading global hospitality company, with more
than 2,800 hotels and 480,000 rooms in 76 countries and territories, including
100,000 team members worldwide.
The company owns, manages or franchises a hotel portfolio of some of the best
known and highly regarded brands, including Hilton®, Conrad®, Doubletree®,
Embassy Suites Hotels®, Hampton Inn®, Hampton Inn & Suites®, Hilton Garden
Inn®, Hilton Grand Vacations™, Homewood Suites by Hilton® and The
Waldorf=Astoria Collection®.
The Hilton Family of Hotels adheres to founder Conrad Hilton's philosophy that,
"It has been, and continues to be, our responsibility to fill the earth with the light
and warmth of hospitality." The company put a name to its unique brand of
service that has made it the best known and most highly regarded hotel
company: be hospitable®. The philosophy is shared by all brands in the Hilton
Family of Hotels, and is the inspiration for its overarching message of kindness
and generosity.
About HILTON-DLF Joint Venture
- Hilton International has firmed up its plans for a 26:74 joint venture with
DLF group for hotel business in India. Hilton, one of the world’s largest
hotel companies, will bring in $143m to the venture
- DLF will hold 74% in the JV Company, and Hilton will hold the remaining
minority stake as a symbol of its commitment to the venture
- The joint venture company plans to develop and own 75 hotels and
serviced apartments over the next seven years.
- The JV-owned hotels will represent several brands from the Hilton Hotels
Corporation portfolio, including Hilton Hotels, Hilton Garden Inn,
Homewood Suites by Hilton and Hilton Residences
- The JV Company will develop and build these properties, while Hilton will
manage them.
- Over the next five to seven years, Hilton will invest up to USD 143 million
in the JV Company, before consideration of debt.
- The initial stage of the joint venture will involve 20 hotels in a number of
key locations, including Chandigarh, Chennai and Kolkata
- Beyond the initial 20 sites, the JV Company will continue to identify and
acquire sites and undertake new hotel developments
- Hilton’s average revenue per room in the Asia-Pacific region grew about
15% in the first three months of this year, Klein said. The development of
the first few hotels will be financed with equity from the joint venture
- Hilton will build its Hilton Hotels and Hilton Garden Inn brand in India, a
move made possible by its $5.7 billion purchase of UK-based Hilton
Group.
- The JV-owned hotels will represent several brands from the Hilton Hotels
Corporation portfolio, including Hilton Hotels, Hilton Garden Inn,
Homewood Suites by Hilton and Hilton Residences. The JV Company will
develop and build these properties, while Hilton will manage them.
- The initial stage of the joint venture will involve 20 hotels in a number of
key locations, including Chandigarh, Chennai and Kolkata. A large number
of these hotels are expected to be Hilton Garden Inn properties -- a
business hotel brand, offering focused services. Beyond the initial 20
sites, the JV Company will continue to identify and acquire sites and
undertake new hotel developments in due course of time.
.
- This will be the first direct investment by the $4.4-bn Hilton group in India.
The Indian partner’s contribution to the JV will be purely in terms of its
land, which will be brought in as equity to the venture
- It is learnt that DLF’s equity contribution to the JV will be via its land whose
value is pegged in the $400-450-m region. It has already identified 30-odd
sites across the country for the venture including some service apartments
in selected cities
- The first 10 sites where the Hilton-DLF joint venture will open hotels are as
follows:
- In line with this strategy, Hilton Hotels Corporation has recently named
plans to open 1,000 hotels in the USA in the next 5 years and 1,000 hotels
outside North America in the next 10 years. A key area of focus for
development is the Indian market, where the Company aims to develop
and own 50 to 75 hotels here over the next 5 to 7 years thorough its
partnership with DLF, India’s largest developer.
Major Facts about DLF-HILTON Joint Venture
• Joint venture company plans to develop and own 75 hotels and serviced
apartments over the next seven years.
• JV Company will develop and build these properties, while Hilton will
manage them.
• The development of the first few hotels will be financed with equity from
the joint venture
• JV Company will continue to identify and acquire sites and undertake new
hotel developments in due course of time