High quality retailers are chasing good locations so huge demand exists for that type of real estate. And look at what hotels have done since 9/11. They've done a wonderful job of bringing their occupancy rates up. |
It's a wonderful deal for Hilton. It's really allowing them to control the Hilton brand on a global perspective. It's something that had confused travelers internationally for some time. |
There is a willingness in the market to pay for income. |