Monday, February 28, 2011

Famous leaders in hotel industry

Conrad Hilton
Hilton Hotels Corporation is a leading hospitality company because it has over 2,000 hotels across the country. Conrad Hotel is the founder of the Hilton company and is a key tool in helping Hilton Hotels become international. The Hilton Hotel has locations in many other countries such as Australia, England, Turkey and Singapore. In 1919, the founder Conrad Hilton owned his first hotel. Until the late 1940s, Hilton owned a worldwide chain of premium hotels. However, in the 1960s, Hilton transferred its interest of international operations to management contracts and franchising. The most successful factor of Hilton Hotels is that it created innovative joint-venture arrangements which became standard industry practice. Conrad Hilton’s idea of innovation kept the Hilton company developing in different areas ceaselessly. Also, the Hilton corporation developed casino-hotels which becomes a prime source of revenue for the company. Actually, gaming provided about 50 percent of the company's income by the following years.

Steve Wynn
Stephen Alan Wynn was born on the 27th January, 1942 in Connecticut. He was raised in Utica, New York with a younger brother. His idea of beginning business of gambling had big influence from his father who owned a chain of Bingo parlors in his early age. Durning the lifetime, he played a very important role in the development of the Las Vegas gambling oasis in Nevada, USA. His casino industry in Las Vegas continue to grow in size, ambition, lavishness, and even excess.

Steve graduated from the University of Pennsylvania and then took control of his father's bingo enterprise. This important step seemed to be the headstream of a continually expanding gambling and entertainment empire. Wynn bought some stakes in the Frontier Hotel and Casino in Las Vegas using the revenue from the bingo business. After moving to Las Vegas with his wife, fortunately , each new investment brought Wynn greater profits, allowing his casinos and hotels to expand in size and reputation.

"Wynn Las Vegas" which seems to be his most impressive building to date was opened in Aril ,2005. The Wynn Las Vegas is perched upon the famous Las Vegas Strip and stands 50 stories high, making it one of the tallest buildings in Las Vegas. There are 2,716 rooms and more than 111,000 square foot of gaming area. To be different from the previous tactic, Wynn spent 2.7 billion in a more elegent and subtle way. The Wynn Las Vegas is relatively understated from the outside, however, it encourages visitors or punters to enter the building to experience something extraordinary such as The Wynn Art Collection and the Lake of Dreams.

http://www.answers.com/topic/hilton-hotels-corporation
http://www.woopidoo.com/biography/steve-wynn/index.htm

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