Management, Operation and Profit Model of Hilton Hotel

New york, July 3 1 Sunday-Hilton Hotels Group (HLT) announced on Tuesday that its second-quarter net profit increased by 15%, from1440,000 US dollars, or 35 cents per share, in the same period last year to1650,000 US dollars, or 40 cents per share.

After deducting non-recurring items, the company's quarterly earnings per share increased from 32 cents in the same period last year to 38 cents.

Quarterly revenue increased from $2 billion in the same period last year to $2.09 billion.

On average, the market expects the company's earnings per share to be 33 cents and its revenue to be 2.07 billion dollars.

The company's quarterly profit before interest, tax, depreciation and amortization was $468 million, down 4% from the same period last year.

Hilton said that it expects to complete the merger with BH Hotels LLC in the fourth quarter of this year, which is an entity controlled by the investment fund affiliated to Blackstone Group (BX).