... Aside from bringing the Hilton company together, that's probably the biggest opportunity we see—taking Hampton Inn, Hilton Garden Inn, Embassy Suites ... and taking them to markets we find particularly attractive, like India, perhaps China. |
I don't really see that as being applicable in the North American market, but we do think that it has expansion capabilities, particularly in the European area. |
Our industry is doing well, but this is a serious black cloud -- potentially a hurricane. |
Public sentiment is very negative on unions right now. Now is a good time to stand together. If we don't, it will be worse in 2008 or 2010. |
The strategy that Hilton International has been taking is similar to ours, and that is to emphasize the fee part of the business. They've been selling some of their hotels and maintaining long-term management contracts much the same that we have. |
This, of course, has the potential to be a difficult fight. But there is a lot on the line. |