Hospitality and Events Operations: Recommendations for Hilton

Hospitality and events
operations

Contents
INTRODUCTION.................................................................................................................................3
MAIN BODY........................................................................................................................................3
RECOMMENDATIONS.......................................................................................................................6
CONCLUSION.....................................................................................................................................6
REFERENCES......................................................................................................................................8

INTRODUCTION
Considering current market situation wherein, managers and leaders of various
business organisation have not only to deal with various uncertainties in the market but also
have to undergo operational activities of the firm with presence of intense competition in the
given market. At present with respect to various health issues brought up by newly
introduced coronavirus, which had caused its impact in effective working of almost every
sector of business (Chon, 2019). However, business in hospitality sector have shown an
unexpected rise. The information could be well verified, if stats of investment data is
analysed, as most of the GDP growth of a nation is from the hospitality sector. Such sectors
are not only treated as a source of profit making for a given economy of the country, on the
other hand such sectors of an economy is sense of prestige and is an attraction model for
tourism in respective nation. In the present report operational working of Hilton is being
taken into consideration.
Overview of Hotel
Hilton group of hotel is an American multinational company which has its wide
market presence in international markets worldwide. Chosen hotel have its headquarters in
Virginia, US and was founded 101 years ago i.e. 1919 in Texas, US by Conrad Hilton, also it
is currently operated by its current CEO i.e. Christopher J. It can be evaluated that, trading
business of respective firm has shown a rise. This could be due to various factors consisting
internal as well as external.
As per the data of “Market Watch” being presented by Market Watch Automation,
shares of Hilton worldwide, showed an increment of 1.00% to $1266.66 this Tuesday i.e. 6
April, 2021. It can be analysed that, there is a significant increase in value of prices of shares
of respective company in its share market, due to its excellence in operational working and
extracting better productivity with its available resources (Hilton Worldwide Holdings Inc. stock
outperforms market on strong trading day, 2021). From the presented stats, it could be easily
determined that, respective company is one of the preferred and most liked company’s for
present investors in given marketplace. With addition to that, with its increase in capital, this
will provide wide oppourtunity to the firm in fields of completion of desired goals and
objectives and will ultimately enhance growth of the firm in its various market regions.