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InterContinental profit rises but shares slip
YAHOO
Reuters - The world's largest hotelier,
InterContinental Hotels Plc , reported a 30 percent rise
in half-year profits and healthy current trading, but its
shares slipped on a lack of news about a cash return to
shareholders.
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Hilton reaches accord with hotel labor union
YAHOO
Reuters - Hilton Hotels Corp. said on
Saturday it has reached an accord with the union representing
North American hotel workers that includes an easing of the
company's stance on how hotels are unionized.
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Hilton Hotels Reports Rise In Profits
AHN
Shaveta Bansal - AHN Contributor
Los Angeles, CA ( AHN) - Hilton Hotels reported a 63 percent rise first-quarter profit on strength of robust travel demand and continued tight supply of hotel rooms.
Its net income rose from $ 64 million to $ 104 million while the quarterly revenue rose 41...
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Host's Earnings Not So Inviting
YAHOO
The Motley Fool - In the Wall Street world of "bigger is better," Host Hotels & Resorts (NYSE: HST - News) is a brokerage-house favorite. With a nearly $8 billion market cap, the company formerly known as Host Marriott is by far the largest hotel real estate investment trust (REIT), and seventeen out of its 18 stock analysts recommend its shares. But after reviewing the company's first-quarter earnings report, investors pursuing the hotel REIT space may be better served looking elsewhere.
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Experts: Illegal Immigrants Help Economy
YAHOO
AP - They pick fruit and vegetables and clip hedges. They hang drywall and clean houses, hotels and office buildings. The millions of illegal workers in the United States have come under a fresh spotlight as Congress and President Bush grapple with revamping the nation's immigration policies.
Sources: YAHOO
InterCon 2005 profits up, to pay special dividend
YAHOO
Reuters - The world's largest hotelier,
InterContinental Hotels Plc , reported a 7.6 percent
rise in 2005 profits on Thursday and announced a further
special dividend to shareholders of 500 million pounds ($878
million).
Sources: YAHOO
Hilton to return 7.3 bln, completing hotel sale
YAHOO
Reuters - British hotels and gambling group Hilton
reported on Thursday a 10 percent rise in year profit
and said it would return up to 4.2 billion pounds ($7.32
billion) to shareholders early in the second quarter.
Sources: YAHOO
Hilton to buy UK, European Hilton hotels
YAHOO
Reuters - Hilton Hotels Corp. on
Thursday said it would buy its British namesake's hotel
operations for 3.3 billion pounds ($5.7 billion), propelling it
into the ranks of rivals with global operations.
Sources: YAHOO
Sources: YAHOO
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