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- Stock symbol: BX (NYSE)
- Annual revenue (2006): $8.162 billion
- Founder: Conrad Hilton
- Year established: 1919
- Industry: Hotels
- Phone: (310) 278-4321
- Fax: (310) 205-7678
- HQ: Beverly Hills, California
- CEO: Christopher Nassetta
- CFO: Robert LaForgia
- Staff: 105,000 (2006)
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Hilton is a brand of hotels owned by Hilton Hotels Corporation, a private subsidiary of the Blackstone Group (BX). The Hilton brand was founded in 1919 in Texas and later in 1943 became the first coast-to-coast hotel chain in the United States.
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Key Dates
- 1919: Conrad Hilton buys the Mobley Hotel in Texas
- 1930: First high-rise hotel in El Paso, TX
- 1954: Hilton becomes largest hotel company in the world with acquisition of Statler Hotels
- 1964: Splits international branch to separate company, Hilton International Co.
- 1998: Creates Caesars Entertainment
- 1999: Acquires Doubletree, Embassy Suites, Hampton Inn, and other brands with the Promus Hotel Corporation
- 2005: Re-acquires Hilton International
- 2007: Bought by Blackstone Group for over $20 billion
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Hilton Questions
Was Perez Hilton wrong for linking to photos of Tallulah Willis? 3 AnswersIt definitely seems out of line for Perez Hilton to comment on Tallulah Willis – she’s 15! Making reference to the anatomy of a 15 year old is just not good fo... read more -
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