The Current HR Practices of Hilton Worldwide Research Paper

The Current HR Practices of Hilton Worldwide - Research Paper characterThis report examines the current HR practices of Hilton Worldwide and critically evaluates how the company has been influenced by its environments on the human resource policies of the company. Hilton Worldwide Company Profile Hilton Hotel, right away known as Hilton Worldwide, has been founded by Conard Hilton in 1919 in Texas has now emerged to be the fastest growing hotel chain to attract travellers, partners, team members and others for their preferred place for entertainment and leisure. correspond to Statista (2012), with Hiltons major focuses on property expansion and other management strategies including strategic HRM, the company stiff to be the fourth largest to hold the market share just behind intercontinental, Marriot and Accor hotels. It has now more than 3800 hotels and resorts in more than 90 countries with more than 630,000 rooms. It proposes to beat its competitors as it is now fastest growi ng in term of revenues, room-occupancy and customer loyalties (Hiltoninternational.com, 2012). Hiltons success has been mainly driven by on-going property expansion by which it has continually been expanding its rooms, floor-space and as a result customer base too. Despite the economic recession in young years, it was furthering its property expansion. In 2009 alone, it added more than 300 new hotels with more than 45,000 rooms across the world. In 2008, Hilton heart-to-heart 327 new properties (eturbonews.com, 2010). Hiltons current approach to HRM Organisations that invest heavily on innovative training and culture is found to be very successful in achieving high performance and also in achieving the organisational goals (Noe, 2002, p. 7). Training and development programs, that may vary from firm to firm, are highly effective means for enhancing, make and developing peoples skills, knowledge and talent.