Hilton Sees &#39;Steady Recovery&#39; for Hotels
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Leisure group Hilton offered further encouraging signs from its hotels arm today but warned it was still too early to celebrate a full recovery.
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The largest U.S. hotel operator on Tuesday said  fourth-quarter profit rose as a recovering travel industry  drove room rates and occupancy higher.
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The Blackstone Group announced that it would buy Hilton Hotels for $26 billion, or $47.50 a share, a 40 percent premium over its closing price on Monday.
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LOS ANGELES/NEW YORK  - Hilton Hotels Corp.  HLT.N on Monday said fourth-quarter net earnings fell, but  revenue per room rose as increased travel fueled higher room  rates -- a trend that is expected to pick up this year.
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The 333-room hotel in downtown St. Petersburg gets new owners, but will keep its management. By Times Staffer. The Hilton St. Petersburg got new ownership on Monday, but the effect of the acquisition on the
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The Blackstone Group's agreement earlier this week to acquire Hilton Hotels for $26 billion sent hotel stocks soaring yesterday as investors scrambled to buy shares of other big lodging firms, particularly Starwood and Marriott International, speculating they too could be takeover targets.
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Celebrity socialite Paris Hilton won't likely get a windfall from the $20 billion sale of Hilton Hotels Corp., the source of her family's fortune.
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Paris Hilton was doing well after spending her first night of her probation sentence in solitary confinement at a Los Angeles County jail, her lawyer said Monday.
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Hilton Group, the operator of Hilton hotels outside the United States, is selling about a dozen of its British hotels as it focuses on the country&#39;s main cities.
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Hilton Hotels Corp. HLT.N posted a  strong rise in third-quarter earnings on Monday as business and  leisure travel increased, filling its big urban hotels.
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Showing no signs of fatigue after a high velocity year, Ashford Hospitality Trust captured a 21-hotel portfolio for $250 million in the last week of 2004 from entities controlled
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US socialite Paris Hilton is doing well after her first night in a Los Angeles prison, according to her lawyer.
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Hilton Hotels Corp. HLT.N on Monday  said third-quarter earnings almost doubled as business and  leisure travel increased, filling its big urban hotels.
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Massachusetts hotels, motels, and inns reported solid business growth for the first two months of the summer despite a key tunnel closure, state tourism officials said yesterday.
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NEW YORK  - Marriott International Inc. ,the largest U.S. hotel operator, on Tuesday reported higherfourth-quarter profit as a recovering travel industry drove uproom rates and occupancy.
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TROUBLED mutual Equitable Life yesterday said it had continued to make &quot;steady and sustained progress&quot; in improving its financial position during the first half of the year.
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Analysts expect continued growth despite a tough environment.