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Then Hilton became the richest man in the world. In 1949 he opened his first hotel outside of the USA in Puerto Rico. Conrad Hilton died in 1979 and his son Barron Hilton followed and by the year 2000 Hilton Hotel Corporation had nearly 500 hotels around the world. Hilton Hotels Corporation is engaged in the ownership, management and development of hotels, timeshare properties and the franchising of lodging properties.
2. Sources of impact on performance
2.1 Economic weakness
Hilton has its main activities in the USA and Canada. The recent economic downturn in the USA had several impacts on Hilton because the company's activity is around this region...
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