Hilton and Trump: Successful Entrepreneurs

Two influential leaders in the Hotels, Restaurants and Leisure Industry are Donald Trump and Conrad Hilton. Both of these entrepreneurs pioneered now extremely successful hotel businesses. In 1997, Donald Trump's hotel collection, Trump International Hotel & Tower opened its doors to the world. This was the first hotel of the collection, followed ten years later by the Trump International Hotel & Tower Chicago. Both of these hotels have climbed the ladder of success in regards to the luxury hotel industry. They are adorned with five-star ratings and reviews from such magazines as Conde Nast Traveler, which has rated Trump International Chicago as the "hottest new hotel in North America". In addition to his success in the Hotel Industry, Donald Trump has also made impressive strides in the Leisure Industry. Trump has developed award winning golf courses world and nationwide, such as Trump National Golf Club, Trump International Golf Club and Trump International Golf Links in Scotland.

Conrad Hilton bought his first hotel, the Mobley Hotel in Texas, in 1919 and within the next year, he had earned back his investment, by renovating the hotel and making it more efficient. With his profits, Hilton bought another hotel in Ft. Worth and another in Dallas. By 1925, Hilton had made enough profit to build his first hotel. Although the depression took a toll on Hilton's hotel business, he recovered and by 1937, he was back in the hotel business, buying various hotels along the West Coast. In 1946, Hilton created the Hilton Hotels Corporation and by 1947 it became the first hotel company listed on the New York Stock Exchange. In 1948, with the opening of his hotel in Madrid, Hilton founded the Hilton Hotels International company. By the time of his death, Conrad Hilton owned 185 domestic US hotels and 75 international hotels. Since then, the Hilton corporation has continued to grow and now owns more than 500 hotels worldwide.

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http://www.trump.com/Donald_J_Trump/Biography.asp