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Buy custom Analysis of Hiltlon's annual report

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Topic: Business
Number of pages / Number of words: 4 / 921
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85 % comes in through own branded websites; 15 % come from agencies.

2.4 Transactions and costs

In 2003 Hilton sold some fully owned hotels to CNL Hospitality Corp. as a joint venture. The net cash flow of this transaction was used to reduce the long term debts to US $ 3'801 million. As a result of low interest rates lower outstanding mortgages and loans were renewed at fixed rates and net paid interests declined...


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As a result of low interest rates lower outstanding mortgages and loans were renewed at fixed rates and net paid interests declined. Costs increased by 3 %, especially expenses for healthcare, insurance and property taxes rose to US $ 21 million.

Salaries and wages as the largest component of cost rose by 2 %...


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