HILTON HOTELS-HLT Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : HILTON HOTELS-HLT

HLT 256.96

-1.2%

Oct 31 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Howard Feinstein who started this subject	9/14/2000 5:41:32 AM
From: Paul Lee	of 218

Hilton CEO: Hotel Industry Strong But Neglected By Street Dow Jones Newswires NEW YORK -- The hotel industry is booming, thanks to a combination of strong demand and moderate supply, but Wall Street seems not to notice it, said Hilton Hotels Corp. (HLT) President and Chief Executive Stephen Bollenbach. "The key to the hotel business is the ability to balance supply and demand," he told CNBC Wednesday. "It takes a lot of time to put new capacity on the stream. Thus, the slowdown in the economy that we are likely to have is not going to impact our business too much." According to Bollenbach, Wall Street is missing the potential of the hotel business. "The cash goes into new businesses and new technology, he said, "but at some point, the hotel business will be back in fashion." - Elena Molinari; Dow Jones Newswires; 201-938-4047

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next