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Hilton Profits Way Up


TravelGuy
By TravelGuy,
in

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Hilton Hotels posts 73 percent surge in first-quarter earnings.

BEVERLY HILLS, Calif. - Hilton Hotels Corp. said Tuesday that its first-quarter earnings surged 73 percent on strong business travel growth, and the company raised its outlook for fiscal 2005...

"Strong demand from both business and leisure travelers, particularly the former, is enabling us to significantly increase room rates at most of our owned hotels."

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