Hilton makes hotels its top priority

Article Abstract:

Hilton Group PLC is planning to focus on the expansion worldwide of its four- and five-star hotels. The company announced that it was proposing selling off the majority of its gaming and betting operations around the world. Hilton Group is attempting to expand its presence in Europe as well as in Asia and around the world. Hilton Group is the operator of non-US Hilton brand hotels.

Comment:

To focus on expansion worldwide of its four- and five-star hotels

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Scottish & Newcastle confirms Greenalls talks

Article Abstract:

Scottish and Newcastle PLC acknowledged that it is engaged in negotiations to acquire Greenalls Group PLC's budget hotels and pubs. The deal would be valued at over 1 billion pounds (1.51 billion euros).

Beer & Other Malt Beverages, Breweries, Eating places, Food Services and Drinking Places, Malt beverages, Mergers, acquisitions and divestments, Restaurant industry, Brewing industry, Restaurants, Scottish & Newcastle Breweries PLC, Greenalls Group PLC

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Hilton chief places his bet

Article Abstract:

In an interview, David Michels, CEO of the Hilton Group PLC, discussed his company's plans. The Hilton Group will not spin off its Ladbroke betting shops, nor is a merger likely with Hilton Hotels Corp.

United States, Coin-operated amusement devices, Casinos, Casinos (except Casino Hotels), Statistical Data Included, Interview, Gambling industry, Hilton Hotels Corp., HLT, Michels, David, Ladbroke Group PLC

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