HILTON HOTELS CASE Business Context/Key Business Drivers Hilton Hotels is one the biggest lodging company worldwide and has been recently acquired by Blackstone Group. In 2007 Hilton’s portfolio characteristics are: • close to 3‚000 hotels between all its brands; • Properties can be: a) directly owned; b) managed; c) franchised. The latter is the most common solution; • covers almost the possible spectrum of lodging. The IT function is considered part of the core business and the
Premium Customer relationship management Hilton Worldwide
Case Study Analysis Hilton Manufacturing Company 9-192-063 Table of Content 1.1 Executive Summary…………………………………………………………………3 1.2 Problem Statement……………………………………………………………………3 1.3 Data Analysis………………………………………………………………………….4 1.4 Questions……………………………………………………………………………….5 1.4.1 If the company had dropped product 103 as of January 1‚ 2004‚ what effect would that action have had on the $158‚000 profit for the first six months of 2004? ( See exhibit 2)………………………………………………5 1.4.2 In January 2005 should
Premium Variable cost Costs Management accounting
at breakeven ($ 1‚435‚000‚000 / $ 6‚216‚826‚000) x 100% = 23.08% Hilton is running above breakeven point at 70% occupancy. That shows that they already surpassed the zero-profit/loss point and making profits. HHW program helps Hilton to increase occupancy and at the same time generate revenues from the program and contribute profit to Hilton. Based on the calculations above‚ we can see that total revenue generated by Hilton is $6‚216‚826‚000 at break-even 70% occupancy with 154‚000 rooms in year
Premium Income statement Revenue Net income
Hilton Worldwide Table of Contents 1. Introduction………………………………………….……………………………...………………3 1.1 Company History……………………………………………………………………...……….....3 1.2 Activity Description………………………..……………………………………………...………4 1.3 Industry / Market…………….………….……………………………..………………….………5 2. External Environment Analysis…..……………………………………………...…………….….6 2.1 PESTEL Analysis.......................................................................................................…...6 2.2 Competition
Premium Hilton Worldwide Hotel Hotel chains
Title: Wynn Resort 1.) Purpose To know if what is the overall strategy of Steve Wynn to make Wynn Resorts‚ Ltd. on the right track and quite a remarkable company. 2.) Statement of the Problem There are three problems which I found out in the case‚ and these are the three challenges that Wynn will have to face‚ and the future may throw some curveballs along the way. First is need to secure a way to maintain the competitive advantage as increased competition is introduce both domestically
Premium Macau Wynn Macau Las Vegas Strip
Hilton Hotels: Brand Differentiation through Customer Relationship Management Background Hilton Hotels is one of the biggest players in the US lodging industry. It contributes to about 9% of the total rooms in US lodging market. It has presence in over 78 countries with more than 2500 hotels. Lodging industry is highly capital intensive industry‚ so to reduce capital expenditure Hilton Hotels opted for self-owned Hotels as well as franchising model with the real estate owners. One of the key features
Premium Customer relationship management
These things that I learned at last lesson: 1)Product and service difference: Basically ; Products are tangible and services are intangible.For example; Apple Iphone‚ Coffe Mocha at Starbucks are products‚but healthy services sector‚home repair service‚wireless communication‚trip to somewhere ;they dont result ownership of anything. 2)Customer vs. consumer :Customer and consumer are not same things.For example;mother buy napkin for her baby and then baby consume it in this situation baby is
Premium Marketing
What are the strengths and weaknesses of the five main advertising media? Advertising is a communication its soul purpose is to inform customers about various products and services and how to obtain and use them. Advertising is a business and its messages are conveyed to the farthest places on Earth. It uses all major medium to deliver its messages including television‚ movies‚ newspapers‚ radio‚ magazines‚ video games‚ the internet and billboards. Most advertisements are often placed by an advertising
Premium Advertising
Hilton Manufacturing Company In February 2004‚ George Weston was appointed general manager by Paul Hilton‚ president of Hilton Manufacturing Company. Weston‚ age 56‚ had wide executive experience in manufacturing products similar to those of the Hilton Company. The appointment of Weston resulted from management problems arising from the death of Richard Hilton‚ founder and‚ until his death in early 2003‚ president of the company. Paul Hilton had only four years ’ experience with the company
Premium Expense Price Income statement
Market Segmentation of Hilton Hotels Date Due Monday 25th of November 2013‚ 4pm No of Words 2000 Topic Chosen Market Segmentation Word Limit: 2000 (+/- 10%) I confirm that the submitted work is my own work and that I have clearly identified and fully acknowledged all material that is entitled to be attributed to others (whether published or unpublished) using the reference system set out in the programme handbook. I agree that the University may submit my work to means of checking this
Premium Hotel Hilton Worldwide Hotel chains