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Hilton Hotels Corp - Travel and Tourism World
Euromonitor International Page 11
Hilton Garden Inn
Hilton Garden Inn are mid-priced travel accommodation aimed at
offering guests the best service ataffordable prices. Its main
competitors are Courtyard by Marriott, Four Points by Sheraton and
Holiday Inn
Select.
Unique attributes of this hotel include microwave, refrigerator
and coffee maker in every guestroom. Guestscan also purchase a
beverage at The Pavilion Pantry convenience mart, which sells
snacks and sundry items
24-hours a day at every location.
As of January 2008, Hilton Garden Inn had a total of 347
properties or the equivalent of 47,493 rooms.There are a total of
205 new hotels in the pipeline over the 2008-2010 period. Most are
mainly located in
North America and Europe.
APPENDICES
Financial Summary
Table 5 Hilton Hotels Corp: Financial Summary 2003-2007
US$ million2003 2004 2005 2006 2007
Net sales 3,819 4,146 4,437 8,162 -% growth net sales 0.1 8.6
7.0 84.0 -Operating profit 515 658 805 1,274 -% growth operating
profit -14.6 27.8 22.0 58.3 -Net profit 164 238 460 572 121% growth
net profit -17.2 45.1 93.0 24.3 -78.8Operating margin (%) 13.5 15.9
18.1 15.6 -
Net margin (%) 4.3 5.7 10.4 7.0 -Shareholders' equity - 2,568
2,811 3,727 9,725Long-term debt 4,139 3,647 3,572 6,556
21,177Long-term debt/equity - 142.0 127.1 175.9 -ratio (%)Earnings
per share (US$) 0.43 0.60 1.13 1.39 -Number of employees n/a 70,000
70,000 105,000 135,000Net sales per employee - 0.06 0.06 0.08
-Source: Euromonitor International from company reportsNote: Year
end December
Company Background
Summary 2 Hilton Hotels Corp: Historical Development
Year Topic Description
2008 Hotel Development Hilton Hotels announces sevennew hotel
developments in India.The ultimate goal is to have 75 newhotels
built in the next five to sevenyears.
2008 Online Development Hilton Hotels launches an OnlineGroup
Booking System, featuringmain offers for
time-strainedtravellers.
2008 Hotel Development Hilton Hotels announces plans to
build 300 hotels in the Asia-Pacificregion in the next
decade.
