The company owners the Doubletree and Hampton Inns chains in addition to the Hilton brand. Second-quarter net income rose to $88 million, or 23 cents a share, from a year-earlier's $77 million, or 21 cents per share. Revenue climbed 11% to $916 million from $826 million.
Hilton says demand for its rooms has increased sharply in several big cities—including San Francisco, New York and Chicago—as the economy as remained strong and few competing projects opened. Room rates were raised at many of its Hilton properties, the company adds, while occupancy at its Doubletree operations were improved by a new direct-marketing campaign.
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