Word: hilton
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Over the years, Trans World Airlines, the fifth largest domestic carrier, has become a conglomerate that includes profitable hotel, restaurant and real estate operations. In 1978. TWA set up Trans World Corp. (1982 revenues: $5.1 billion) as a holding company for the airline and other subsidiaries, which now include Hilton International (90 hotels overseas plus three Vista International hotels in the U.S.), Spartan Food Systems (423 restaurants in Quincy's Family Steak House and Hardee's chains). Canteen (one of the nation's largest vending and direct-food-service businesses) and Century 21 Real Estate (a nationwide...
...resent your attitude that travel in Europe must be expensive to be good. An intimate pension in Florence, an inn on a quiet beach on Mykonos or a quaint hotel in London: that is the kind of place people prefer today. Many American tourists do not care where the Hilton is, and do not spend $10 on breakfast in Rome...
...popular cities this year are Budapest and Dubrovnik, Yugoslavia's Adriatic resort. The Hungarian capital is easy to reach by hydrofoil on the Danube from Vienna and has a reputation for being more hospitable to Americans than other Communist-bloc cities. A room at the Budapest Hyatt or Hilton starts at $50; an elegant meal at Gundel, the city's romantic garden restaurant, costs around $30 a person. Westerners get a kick out of tours of the Puszta region, where they feel at home on the range watching Hungarian cowboys rounding up cattle. With $20 billion owed Western...
...like somebody saying to me, I'll meet you in the lobby of the Hilton. I assume, since the Hilton doesn't close its lobby, that unless I make a tremendous nuisance of myself. I can go there, but I don't think the Hilton invites me to use its lobby if I'm not staying there. If a guest invites me, I'm that guest's guest," Muller testified. The Hopkins News-Letter
...hands and for a report from Booz, Allen & Hamilton, the powerful management consultant. The study showed that the sum of Trans World's parts was worth more than its whole. While TWA has not earned a profit domestically in almost a decade, Trans World subsidiaries such as Hilton International hotels, the Spartan Food Systems restaurant chain, Century 21 real estate and the Canteen Corp. vending-machine business were valuable and making money. The airline had a loss of $93 million during the first quarter of 1983, more than wiping out the $20 million earned before taxes by Trans World...