We want to continue getting out of the real estate business and more into the fee business.
More Quotes from 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
There are a lot of bargains out there, ... Every acquisition you make is accretive to earnings. It's a real value creator.
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
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 like to have an investment grade ... now one of our objectives is to grow income and pay down debt.
Stephen Bollenbach
We don't intend to make any sort of counter-offer.
Stephen Bollenbach
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