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Hilton sees profits slump

HILTON
GROUP reported a 16.9% drop in hotel profits to £212.1 million and warned
economic and political uncertainty made forecasts difficult.

The
group said sales and marketing had adapted to later booking trends and reduced
corporate business, but domestic leisure business had grown significantly.

Hilton
added it would continue to seek third party branding deals such as the Hilton
Suites offered with Festival Cruises.

 

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