Hilton sees recovery in hotels

May 26, 2004 |

Signs of a recovery in its hotels division coupled with a strong four months at its Ladbrokes betting chain has seen an 'encouraging' start to the year at Hilton.

Signs of a recovery in its hotels division coupled with a strong four months at its Ladbrokes betting chain has seen an ‘encouraging’ start to the year at Hilton.

In a trading update ahead of today’s annual general meeting at its own London Metropole hotel - fully booked for the past couple of days - executives spoke of a global recovery in the number of corporate guests in its rooms.

The sector has been battered for the past two years in the wake of 9/11 and terrorism fears which have had a drastic effect on the international hotel trade generally and business spending on conference facilities in particular.

Get the full story at Evening Standard

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