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Latest Hilton Hotels Corp. Stories

2006-06-22 18:36:23

NEW YORK (Reuters) - New York hotel workers look set to ratify a new contract with the city's leading hotels, except two Hilton Hotels Corp. properties where talks are turning contentious, a union spokesman said on Thursday. The Hotel Association of New York and the New York Hotel Trades Council, a group of nine unions, last week reached a tentative six-year contract, which promises wage increases and better benefits to some 23,000 nonmanagement employees. The members of the union...

2006-06-22 17:51:03

NEW YORK (Reuters) - New York hotel workers look set to ratify a new contract with the city's leading hotels, except two Hilton Hotels Corp. properties where talks are turning contentious, a union spokesman said on Thursday. The Hotel Association of New York and the New York Hotel Trades Council, a group of nine unions, last week reached a tentative six-year contract, which promises wage increases and better benefits to some 23,000 nonmanagement employees. The members of the union...

2005-12-29 20:41:03

By David Jones and Christian Plumb LONDON/NEW YORK (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. The merger will reunite the Hilton brand after the business split in 1964 with the U.S. company running all Hilton hotels in the United States and the UK group operating the brand elsewhere around the world. Hilton Hotels, which...

2005-12-29 14:36:35

By David Jones and Christian Plumb LONDON/NEW YORK (Reuters) - Hilton Hotels Corp. on Thursday said it would buy its British namesake's hotels for 3.3 billion pounds ($5.7 billion), in a deal to boost its international footprint to catch up with larger U.S. rivals. Hilton Hotels will acquire 40 hotel properties in the UK and Europe, along with 200 leased hotels, a switch from the company's previous strategy of selling off real estate to generate management fees and distribute the...

2005-12-29 14:21:17

By David Jones and Christian Plumb LONDON/NEW YORK (Reuters) - Hilton Hotels Corp. on Thursday said it would buy its British namesake's hotels for 3.3 billion pounds ($5.7 billion), in a deal to boost its international footprint to catch up with larger U.S. rivals. Hilton Hotels will acquire 40 hotel properties in the UK and Europe, along with 200 leased hotels, a switch from the company's previous strategy of selling off real estate to generate management fees and distribute the...

2005-12-29 12:46:50

By David Jones LONDON (Reuters) - Hilton Hotels Corp. of the United States agreed on Thursday to buy the hotels of its British namesake for 3.3 billion pounds ($5.7 billion) in an expected deal that leaves the UK group with its gambling business Ladbrokes. In mid-October, Britain's Hilton Group Plc announced it had received an offer from the U.S. Hilton, which sources close to the deal said at the time valued the UK company's hotels at 3.6 billion pounds, although the UK group then...

2005-08-17 19:26:58

NEW YORK (Reuters) - The Palmer House Hotel, the landmark Chicago hotel where writers Mark Twain and Rudyard Kipling and U.S. presidents once spent the night, has been sold to Thor Equities, a private equity group, for $230 million, the companies said on Wednesday.. Thor, which bought the building from Hilton Hotels Corp., plans on pouring more than $100 million into renovations, which will include a three-level retail center. But the hotel's opulent lobby will be preserved....


Word of the Day
cock-a-hoop
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'
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