This transaction represents the final and logical step in a process that began in 1997 with the signing of our strategic alliance and is a unique opportunity to once again position Hilton as a global lodging-industry leader for the first time in more than 40 years.
More Quotes from Stephen Bollenbach:
We can now use our brands that we have spent so much time and money to develop in the U.S. to expand internationally.Stephen Bollenbach
We see very strong demand now. It's really good times for our business. From a hotel perspective it's boom times.
Stephen Bollenbach
We like to have an investment grade ... now one of our objectives is to grow income and pay down debt.
Stephen Bollenbach
We've been working on this deal one way or another for the past 10 years.
Stephen Bollenbach
This has been an enormously difficult period for America and for the travel industry. But the trends we have seen since mid-September are validating our philosophy of managing for a recovery, ... We will see steady improvement in 2002.
Stephen Bollenbach
For the first time in 40 years, we can reunite these two companies and truly be an international company. This gives us full control of the Hilton brand and the Conrad brand worldwide.
Stephen Bollenbach
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