Hilton Hotels Corporation - HLT- Profile

Hilton Hotels Corporation. The Group's principal activities are to own, manage and develop hotels, resorts and timeshare properties and franchise lodging properties. The Group operates in three business segments: The Hotel Ownership segment derives revenue primarily from owned, majority owned and leased hotel properties. The Managing and Franchising segment provides services including hotel management and licensing of our family of brands to franchisees. The Timeshare segment consists of multi-unit timeshare resorts. The hotel brands include Hilton, Hilton Garden Inn, Doubletree, Embassy Suites, Homewood Suites by Hilton, Hampton and Conrad. As of December 31, 2006, it contained 2,935 properties with approximately 501,000 rooms in 78 countries and territories. The Group operates in the United States, United Kingdom and other international countries. On 23-Feb-2006, it completed the acquisition of the lodging assets of Hilton International Co. Hotel Ownership accounted for 54% of 2006 revenues; Managing and Franchising, 36% and Timeshare, 10%