The company owners the Doubletree and Hampton Inns chains inaddition to the Hilton brand. Second-quarter net income rose to $88million, or 23 cents a share, from a year-earlier's $77 million, or21 cents per share. Revenue climbed 11% to $916 million from $826million.
Hilton says demand for its rooms has increased sharply inseveral big cities—including San Francisco, New York and Chicago—asthe economy as remained strong and few competing projects opened.Room rates were raised at many of its Hilton properties, thecompany adds, while occupancy at its Doubletree operations wereimproved by a new direct-marketing campaign.
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