BEVERLY HILLS, CA Hilton Hotels Corp., in response to Standard & Poors adding a “Stable” outlook to the companys BBB-credit ratings, issued the following statement from Matthew Hart, evp/CFO:
“We are delighted with S&Ps action, in view of our accomplishments and performance in both the fourth quarter and full year 2000. We have worked hard to make the Promus integration a success, deliver strong results, and improve our credit ratios. We look forward to continued strong performance in 2001 and beyond.” (1/25/01)