BusinessEntrepreneurship

Conrad Hilton: the great life of a great man

Conrad Hilton is a world-famous businessman from America who founded the Hilton hotel chain. Hilton Hotels owns hotels all over the world. Mr. Hilton brought the hotel business to an entirely new level of development. Today, the ideas of this man are world norms.

The huge state of the Hilton is a constant debate and talk. And the great-granddaughter of billionaire Peris Hilton regularly warms up rumors about the life of her 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 in the family of the director of a grocery store. After graduating from high school, the boy entered the institute. There he mastered the specialty of a mining engineer. After graduating from high school, young Conrad returned to his father's house and began to help his father at his store. But soon Konrad'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 took a great interest in business, which became his priority activity. Hilton opened the bank, but the bank went bankrupt after a short period of time. After that, the man tried several times to create similar institutions, but all his attempts were disastrous.

Birth of the hotel business

In 1919, Conrad Hilton happened to be at the hotel Mobley, which was in the small town of Cisco (Texas). For this institution, the name "hotel" was too loud. The institution was more like a lodging house than a decent hotel. It was here that Hilton came up with the idea of doing hotel activities: he bought Mobley, and a year later, under his keen guidance, every meter of the hotel began to make a profit. Conrad increased the number of beds, and in the hall he placed glass cases with various trifles, such as razors, magazines and so on.

The new business began to develop successfully. A year later the businessman bought a few more hotels. In 1925 he organized his first own hotel Dallas Hilton. Then he began to receive proposals for the management of hotels throughout Texas. Now the rapid growth of Conrad's financial prosperity begins: every year he opens one hotel.

His company was growing bigger, it even managed to successfully overcome the crisis that took place in the 30s of the last century. During this time, Conrad learned to manage the business in conditions of financial instability. Now the Hilton hotels were in the whole of America. The businessman built his own hotels and bought them from his competitors.

Development of the corporation Hilton Hotels

American entrepreneur Conrad Hilton in 1946 established the alliance of Hilton Hotels. This hotel network has become the largest in the United States. Turnovers of the company have grown to such a scale that Hilton in 1949 managed to buy Waldorf-Astoria - the most chic hotel in New York. In the same 1949, the first hotel outside of America was opened. 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 all over the world. Conrad Nicholson Hilton himself became a multi-millionaire. His business continued to develop. The modern hotel chain Hilton has about a thousand establishments that are located in different countries of the world.

The life of the king of the hotel business at retirement age

Conrad Hilton, whose photo can be seen in our article, departed from the management of 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. After retiring, Conrad Nicholson began to actively engage in charity and began to speak in front of the student audience. In addition, he created a Catholic foundation, which he named after himself. Also, the businessman financed the University of Houston College of Restaurant and Hotel Management. Hilton.

The Hilton Heritage

Conrad Hilton (biography summarized in our material) left a huge fortune. But this is not all his legacy: it was this entrepreneur that brought the hotel business to a new level of development. Hilton's ideas today are universal norms. It was Konrad who became the founder of the division of hotels according to the "stellar" principle. He also owns the idea of a "standard set of services", acting on all the hotels of the network.

Conrad was the first who began to practice commerce in the hotel halls with essentials. The system of discounts in hotels was also developed by Hilton. The hotels of the Hilton network for the first time appeared all the attributes of a modern hotel: automatic locks installed in the doorways of the rooms, air conditioning and much more.

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