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Hilton Hotels Gears Up International Growth

LA QUINTA, CA-Last year's merger with the European Hilton International provides a major platform for growth, one that the Beverly Hills firm intends to explore.

By Maria Wood | Updated on March 01, 2007

Maria Wood is senior editor of Real Estate Forum .

LA QUINTA, CA -Despite the recent dramatic one-day plunge in the stock market, the nation’s economy remains in good shape. That was the consensus of a panel of experts who spoke here yesterday at a gathering sponsored by Hilton Hotels Corp. for the owners of its focused-service brands, Hilton Garden Inn, Homewood Suites and Hampton Inn. The meeting was also a prime opportunity for the heads of the hotel firm to roll out their plans for international growth.

In a discussion moderated by Fox News personality Neil Cavuto, former White House economic advisor Todd Buccholz said that, while there is always a chance of a recession, the economy is on firm ground. Although the housing and auto sectors are weak, the service industries, which make up 70% of the economy, are strong.

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