About Hilton Hotels and Resorts
The rise of the Hilton empire began when Conrad Hilton purchased his first hotel in Cisco, Texas in 1919. Six years later, he founded the Hilton Hotel company and opened the first Hilton Hotel in Dallas. The Hilton company was one of the most influential hospitality brands in the developing era of hotels and resorts. It grew swiftly, opening up locations throughout the United States and opening its first international unit in Puerto Rico in 1949. The company holds many “firsts” in the hotel industry, such as the first hotel in the world to install in-room televisions in 1947, the first to introduce a multi-hotel reservations system in 1948 and the first to develop a centralized reservation service using computer technology in 1973.
Hilton Hotel Company began franchising in 1965 and has since expanded its footprint to 100 countries and territories around the world. In 2007, at the precipice of the global Great Recession, mega private equity firm Blackstone Holdings acquired Hilton, took the company public in 2013, and ultimately sold its remaining stake in the hotel company in 2018, completing what is regarded as one of the most profitable private equity transactions of all time. A key pillar in Hilton Worldwide Holdings’ strategy under (and after) private equity ownership has been to transform from a business that owns and operates the bulk of its hotels directly to a brand that franchises or manages these properties, explaining Hilton’s aggressive move into the franchise format.
Hilton is part of the portfolio of brands at Hilton Worldwide, which has hotels in more than 90 countries. Other Hilton Worldwide brands include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by Hilton, Hilton Garden Inn, Homewood Suites by Hilton, Home2 Suites by Hilton, Curio – A Collection by Hilton, Canopy by Hilton and Hilton Grand Vacations.
One of the most recognized names in the industry, Hilton Hotels & Resorts offers travelers a world of authentic experiences. The brand continues to be the innovative, forward-thinking global leader of hospitality. With products and services that meet the needs of tomorrow’s savvy global travelers, we shape experiences in which every guest feels cared for, valued, and respected.
Enhance the Way You Stay
Hilton Honors members get more value from stays with exclusive member rates, lowest price guarantee, and free WiFi. You’ll also enjoy more flexibility and control with Contactless Arrival with our Hilton Honors app. Plus, earn Points on every stay that you can use toward free nights or redeem them with our exclusive partners.
Company Founded
1919
Current Leadership
Christopher Nassetta, CEO
Started Franchising
1965 (56 years)
Total Number of Units
512 (as of 2020)
Part-Time / Full-Time
Full Time
Stock Ticker Symbol
HLT
How Much Does It Cost To Open A Hilton Hotels and Resorts Franchise?
There are several costs associated with opening a Hilton Hotels and Resorts franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.
Some franchises may have a weekly fee that the franchisee pays for operating a Hilton Hotels and Resorts franchise. The weekly fee for opening a Hilton Hotels and Resorts franchise is not specified.
The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Hilton Hotels and Resorts Is Renewable) and does the franchise offer financing support (Hilton Hotels and Resorts Hilton Hotels and Resorts has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll).
Hilton Hotels and Resorts Company Details
Here are some additional details about Hilton Hotels and Resorts.
Parent Company | Hilton |
Initial Investment | $75,000 |
Veteran Incentives | Varies |
Royalty Fee | 5% |
Ad Royalty | 4% |
Term of Agreement | 23 years |
Absentee Ownership | No |
Run from Home | No |
Part Time | No |
Training and Support Offered By Hilton Hotels and Resorts
Hilton Hotels and Resorts offers several support options to its franchisees. With 512 (as of 2020) units, Hilton Hotels and Resorts aims to provide support to each franchise owner to help them operate a successful franchise location. Hilton Hotels and Resorts offers No on the job training, 111-144 hours classroom training, and At existing hotels; at regional office additional training.
Training and Support Offered
Here are the support options offered by Hilton Hotels and Resorts.
On-The-Job Training | No |
Classroom Training | 111-144 hours |
Additional Training | At existing hotels; at regional office |
Ongoing Support |
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Marketing Support |
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Is Hilton Hotels and Resorts Right For You?
Hilton Hotels and Resorts has gone digital! Here are all of the ways you can find Hilton Hotels and Resorts online. Oftentimes, you can reach out to current franchisees of Hilton Hotels and Resorts online. Current franchisees may be able to offer personalized insights into what it is like owning a Hilton Hotels and Resorts franchise and offer tips to running a successful Hilton Hotels and Resorts franchise location.
Why Should You Start a Hilton Hotels and Resorts Franchise?
Investing in a Travel franchise such as Hilton Hotels and Resorts can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Hilton Hotels and Resorts franchise and we'll be in touch soon!