either be severely or permanently impaired. |
In the long run, we think this legislation would be good for the state's tourism industry, |
It's reasonable to use history as your beacon for the future, |
Through November [2002], we believed that discretionary consumer spending growth of 3 percent was adequate to support increased gaming spending. Room availability in Las Vegas during New Year's, however, indicates retrenching demand and what we believe to be an increasingly cautious consumer. |
We believe this transaction in the long run is great for shareholders because it gives Hilton a true international presence. There will be less consumer confusion and it will help build Hilton's global loyalty program and enhance their international development opportunities. |