MisterNice
Jan 27, 04, 8:40 am
Hilton Hotels yesterday reported a sharp rise in fourth-quarter profit and a moderate rise in average daily room rates, citing improved domestic and international business travel, increased meetings business and a surge in holiday leisure travel. Hilton said its hotels in New York, Washington, Honolulu, San Diego, Phoenix and Portland, Ore., posted particularly impressive gains in the fourth quarter. But hotels in the San Francisco-San Jose area and in Boston and Chicago were sluggish, the company said.
The results showed evidence that domestic business travelers were back on the road in growing numbers. Among the company's brands, the midprice Hilton Garden Inns, which promote business-travel amenities like high-speed Internet service, business centers and oversize desks, reported the strongest gains in revenue per available room. http://www.nytimes.com/2004/01/27/business/27memo.html?pagewanted=all
MisterNice
The results showed evidence that domestic business travelers were back on the road in growing numbers. Among the company's brands, the midprice Hilton Garden Inns, which promote business-travel amenities like high-speed Internet service, business centers and oversize desks, reported the strongest gains in revenue per available room. http://www.nytimes.com/2004/01/27/business/27memo.html?pagewanted=all
MisterNice