Hilton Group's profit more than doubles in 2004

02/24/2005 | Bloomberg

Hilton Group, which operates Hilton hotels outside of the U.S., reports its net income more than doubled to $498.3 million in 2004, up from about $214 million in 2003. The chain credits several factors, including higher occupancy at properties such as the Hilton London Metropole and increased gambling at its Ladbrokes bookmakers, for the rise in profit.

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