On Wednesday, the casual dining chain lifted its third-quarter profit outlook. The company now expects to report earnings of 22 cents to 24 cents per share for the quarter, up from prior guidance of 19 cents to 21 cents per share.
Analysts surveyed by Thomson Reuters forecast a profit of 23 cents per share for the quarter.
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Saturday, October 10, 2009
Hilton sees new Waldorf resort as investment in Orlando
When Hilton Worldwide opened the Waldorf Astoria and adjoining Hilton Bonnet Creek resort here this month, it introduced a unique, non-Disney product right next door to Disney World.
It also opened 1,500 new rooms, bringing to more than 4,000 the number of rooms Hilton has added in the last two months to a market that has been battered this year by a sharp drop in meetings and business travel.
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It also opened 1,500 new rooms, bringing to more than 4,000 the number of rooms Hilton has added in the last two months to a market that has been battered this year by a sharp drop in meetings and business travel.
Read more:
Hyatt Regency loan a 'concern' for mortgage holder
The company that holds the mortgage for the Hyatt Regency in downtown Milwaukee has seen its mortgage pass-through certificates downgraded by Fitch Ratings, which lists the Milwaukee property as one of the largest contributors to losses for the mortgage holder
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