Hilton Hotels Corp.: The Beverly Hills-based hotel...
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From Times Staff and Wire Reports
Hilton Hotels Corp.: The Beverly Hills-based hotel and casino firm said first-quarter net income fell 50% from a year ago to $12.3 million, while revenue rose 1% to $266.9 million. The firm said the drop reflected a weak U.S. economy and the sharp reduction in travel due to the Persian Gulf War.
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