Hilton swings to a profit for the quarter

Article Abstract:

Hilton Hotels Corp., along with its spinoff Park Place Entertainment Corp., posted pro forma earnings for the fourth-quarter of 1998 that were lower than expected. However, the company's shares increased as a result of optimism about Hilton's talks over the acquisition of approximately $1 billion worth of hotel assets. Hilton posted $35 million in quarterly net income. During the same period in 1997, the company posted a $5 million loss.

Comment:

Posted pro forma earnings for the fourth-quarter of 1998 that were lower than expected

Abstract, Hilton Hotels Corp., HLT

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Starwood Hotels posts 24% net rise for first quarter

Article Abstract:

Starwood Hotels and Resorts Worldwide Inc. posted an increase of 24% in its net income for the 2001 first-quarter. The company posted $62 million (69.3 million euros) in net income for the period.

Hotel Management, Hotel management companies, Starwood Hotels & Resorts Worldwide Inc., HOT

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Starwood aims to buff Westin image

Article Abstract:

Starwood Hotels & Resorts Inc. will relaunch its Westin hotels brand. The move is part of Starwood's attempt to convince travelers that the hotel brand represents a higher level of luxury.

Marketing procedures, Marketing, Starwood Hotels and Resorts Inc., Westin

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