Hotel recovery slow but steady, says Hilton
According to Reuters, Hilton Hotels Corporation said it had turned the corner after three slow years but that business groups are still reluctant to confirm meeting plans. That makes for a “comparatively challenging” first quarter. “We believe the hotel business has finally turned the corner and that 2004 should provide more opportunities than challenges,” said Hilton Chief Financial Officer Matthew Hart. Reuters quoted investors as “concerned with the pace of the recovery, which they have been expecting for some time.” Hilton, however, reported a 68% jump in quarterly profits. The Beverly Hills-based hotel chain also operates 2,000 Doubletree, Hampton Inn and Embassy Suites.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.































France prepares for a massive strike across all transports on September 18
Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt