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15 Things You Didn't Know About Hilton Hotel Welcome to Alux.com,
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15 Things You Didn't Know About Hilton Hotel Welcome to Alux.com,
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the place where future billionaires come to get inspired.
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If you're not subscribed yet, you're missing out.
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Hello Aluxers, welcome back.
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Have you ever had the desire to arrive in a foreign country,
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flag down a cab, and say,
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take me to the Hilton?
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Those words have epitomized Hilton Hotels for decades.
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Founder Conrad Hilton was born in San Antonio, New Mexico in 1887.
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Connie, as he was called,
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loved dancing and business and took both very seriously.
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His father Gus was a Norwegian immigrant who started trading beaver pelts and deer hide,
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which led him to opening a general store.
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His mom Mary was a devout Catholic.
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In his early 20s, the family were struggling financially,
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so Connie decided to convert some of their rooms in their home into accommodations,
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and so the seed for hotels was planted.
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Come travel with us Aluxers and we'll help you decide which Hilton hotel you should book for your next getaway.
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What he did have was an innovative mindset,
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optimism, impeccable timing, and a good eye for detail.
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He tried a few things in his youth,
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including running a general store,
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a bit of politics where he was elected as a Republican to New Mexico State Legislature,
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and even managed a musical group that his violinist sister was a part of.
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He eventually decided to study banking once he realized there was money to be made.
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In September 1913, he opened the New Mexico State Bank of San Antonio.
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The shareholders voted to employ someone with banking experience as the president,
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and Hilton ended up as a cashier without payment.
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But that changed when Hilton set off on his horse
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and went door to door to get proxies so he could gain control and become vice president of the bank he started.
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When World War II began,
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he sold the bank for a tidy sum and was enlisted in the Expeditionary Force and served two years as second lieutenant.
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On his return home, he decided to venture out of New Mexico and buy a bank in Texas,
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knowing a lot of oil activity was taking place there.
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He had an agreement to purchase a bank for $75,000 and was willing to offer full price.
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When the greedy buyer insisted on $80,000,
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Connie tapped out and tried to get accommodations in the only hotel in Cisco, the Mobley Hotel.
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The owner of the hotel had no room available out of 40 rooms
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and was turning over three lots of people every 24 hours.
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Connie bought it for $40,000 and although it didn't trade as the Hilton Hotel,
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it's considered as the first Hilton of many.
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Number 3.
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It wasn't long before Hilton expanded from one to hundreds.
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He started off with several hotels in Texas and built his own high-rise hotel named the Dallas Hilton.
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When the Great Depression hit,
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he almost lost everything but persevered and managed to keep going.
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He formed Hilton Hotels Corporation in 1946 and then the Hilton International Company two years later.
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Thereafter, he went global, opening the world's first international hotel chain.
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Today, the Hilton portfolio includes over 6,000 properties, including timeshares.
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Currently under the leadership of Christopher J.
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Neseta, Hilton Worldwide Holdings Inc boasts 971,000 rooms spanning 119 countries and territories.
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Since Hilton Hotels began, they've welcomed over 3 billion guests.
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Depending on your budget, there are many Hilton Hotel options available for you.
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Hilton Hotels & Resorts is the upmarket brand of the hotel group.
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Waldorf Astoria Hotels and Resorts have 30 spots around the world
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and they've been described as inspirational environments and personalized attention that are the source of unforgettable moments.
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Conrad Hotels and Resorts are another luxury brand of the hotel group and there are only 33 of these,
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while Hilton Garden Inns are among the most affordable with over 800 spread out globally.
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Number 5.
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Hilton Hotels had many industry firsts.
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They were the first to develop the idea of franchising hotels.
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They launched the first multi-hotel reservation system,
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were the first coast-to-coast hotel chain in America,
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and claim they introduced the first airport hotel,
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the San Francisco Airport Hilton, in 1959.
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That claim has been disputed by aviation historians,
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who believe the first airport hotel was the Oakland Airport Inn,
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which opened in 1929.
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And Aluxers, if you love airports as much as we do,
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check out our video, The 15 Most Amazing Airports in the World.
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And most of these airports have Hilton Hotels just a stone's throw away,
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offering free shuttle service to and from the airport.
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He bought it in 1949 for $3 million.
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He allegedly kept a photograph of the hotel underneath the glass on his desk,
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with the caption, The greatest of them all written on it.
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The building was sold in 2014 to a Chinese insurance conglomerate for $1.95 billion.
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To date, it's the most expensive hotel ever sold.
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Part of the agreement was that Hilton Worldwide would manage the hotel for 100 years.
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The hotel was desperate for an upgrade,
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and the hotel group agreed it was a financially sound idea to sell as opposed to renovating.
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Number 7.
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Conrad Hilton had a few rules for success.
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He believed we needed to focus on something we're good at,
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that we should be big,
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be honest, live enthusiastically, never let material things possess us,
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never waste time worrying about our problems,
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never look down on people,
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assume responsibility, and above all,
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pray consistently and confidentially as taught to him by his mother from a young age.
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Number 8.
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Fortune named Hilton the best company to work for in the US in 2020.
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And this is actually the second year the company has managed to achieve this,
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and they're the only hotel group in history to ever receive this accolade and two years running is unheard of.
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They have over 430,000 employees and their decision was unanimous.
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Other prestigious awards Hilton has won include the world's most reputable companies for corporate responsibility,
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Fortune's best place to work for women in the US,
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and best workplaces for diversity,
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just to name a few.
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Things were tough during the Great Depression,
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and Hilton had to borrow $500 from a bellboy.
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It was the life savings of Eddie Fowler.
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This incredible gesture did not go unrecognized and he became a high-ranking executive.
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Hilton Worldwide Holdings Inc made $9.5 billion in 2019,
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which was up from $8.9 billion they made the previous year.
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They managed to pass their competitor Marriott International in terms of brand value,
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but Marriott's revenue was more than double that of Hilton.
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The average cost of staying a night in a Hilton hotel room is $144.79,
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but there are pricier options available.
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For example, a night at the Waldorf Astoria in the Maldives will cost around $1,800 a person.
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The Hilton family are estimated to be worth around $2.5 billion,
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and at the time of Conrad Hilton's death,
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he was worth $1 billion himself,
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which is the equivalent to $3.52 billion today.
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When Connie passed away, he left the bulk of his fortune to the Hilton Foundation,
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a non-profit corporation that was founded in 1944 with the aim to alleviate human suffering worldwide.
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The current CEO, Christopher Nassetta, is worth $40.2 million.
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He owns 406 units of Hilton Worldwide stock valued at over $2,386,000
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and he earns a little under $20 million a year as CEO and director of Hilton Worldwide.
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It's not often you come across a loyalty program that really is worth your while investing in,
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but the loyalty program for the Hilton is actually worth it.
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As a member, you'll receive discounts at over 5,000 hotels and free Wi-Fi.
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You're invited to exclusive events and you can earn miles by staying at a Hilton hotel.
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There's an online mall called the H Honors Global Shopping Mall,
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which has over 20,000 products you can buy using your points.
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Using an app, you can also check in on your phone,
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choose your room and, yes, even order room service.
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You can also use your points to book accommodations in another Hilton hotel in the next city you find yourself in.
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Let's meet the family!
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The Hilton family tree has some interesting dimensions,
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so we'll start with Conrad Hilton,
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who was born on Christmas Day in 1887.
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He was married three times.
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His first wife was Mary Adelaide Barron,
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and they had three children,
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Conrad Jr., William Barron, and Eric Michael.
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Conrad Jr. was Elizabeth Taylor's first husband,
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but the marriage only lasted eight months.
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He had a problem with drinking, gambling, and abusiveness.
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He allegedly had an affair with his father's second wife, Zsa Zsa Gabor.
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He eventually married Patricia Trish McClintock and had two sons,
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but tragically died at the age of 42 from a heart attack induced by alcohol.
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William Barron married Merrill and Jane Hawley and they had eight children together.
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From those eight children, there's a further 15 grandchildren,
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including Paris and Nikki Hilton and four great-grandchildren.
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Eric Michael married Patricia Shipworth and they had four children.
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Conrad's second wife was Zsa Zsa Gabor and in her autobiography,
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she retells how Conrad changed her name to Georgia because he couldn't pronounce it.
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He limited her spending, made her sleep in a different room and give up her Hungarian roots.
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She claims he sexually assaulted her and she fell pregnant with a daughter named Constance Francesca.
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His third wife was Mary Frances Kelly,
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to whom he was married to until his death in 1979.
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In 2007, The Blackstone Group,
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a world-leading investment and advisory firm,
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bought Hilton Hotels for $26 billion cash.
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It worked out to $47.40 a share,
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which was 40% more than its closing price the day before,
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and they took on $7.5 billion in debt.
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This would be the second-largest transaction the company has ever made.
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Bloomberg labeled it the best-leveraged buyout ever.
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Blackstone employed Christopher Nassetta as the CEO,
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a position he still holds today,
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and they made the company private.
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After six years of being private,
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Hilton was made public once again with an IPO of $20 a share.
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The IPO sold 117.6 million shares,
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raising $2.35 billion, making it the largest ever for a hotel.
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This resulted in the Blackstone Group netting a profit of $8.5 billion.
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Number 14.
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Hilton Hotels claims they'll reduce their environmental footprint.
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By 2030, the Hilton Hotel Group aims to cut in half their environmental footprint and double their social investment.
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The goal is to reduce carbon emissions by 61%,
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reduce water consumption by 50%,
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source sustainable foods, eliminate plastic straws,
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and send absolutely no soap to landfills.
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Number 15.
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They are industry leaders in parental leave.
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In September 2019, Hilton Hotels announced the extension of their parental leave.
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They are committed to incorporating an all-inclusive environment for their employees.
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The leave has been extended by two weeks,
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meaning new moms will get 12 weeks maternity leave,
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while fathers and adoptive parents receive four weeks.
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They've also introduced parents concierge benefits to help new parents transition from work to home and vice versa.
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There's also the Parenthood Journey program,
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which provides information for new parents to remain connected and their well-being taken care of.
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Finally, they've teamed up with Milk Stork,
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which allows traveling moms to be able to express milk and ship it home to their babies.
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Well Aluxers, that's a wrap on Hilton Hotels for today,
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but we have a question for you.
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What was your best experience staying at a Hilton Hotel?
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Did you have one?
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Let us know in the comments and of course for sticking with us until the end,
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here's your bonus.
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Conrad Hilton was once on the Tonight Show with Johnny Carson.
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Before the show wrapped up,
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Carson asked Hilton for a message for the American people.
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Hilton's reply?
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Please, he pleaded, put the shower curtain inside the tub.
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Many people believed they were the last words he uttered,
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but instead many would agree it was the soundest advice he had ever dispensed.
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Thank you for spending some time with us, Aluxer!
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Make sure to subscribe so you never miss a video.
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If you want more, we handpicked these videos you might enjoy,
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or head over to alux.com for the best in fine living content on the planet.
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Be a part of the largest community of luxury enthusiasts in the world and tell your story.
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