Stephen Bollenbach Quotations

We are pleased with the court's decision giving shareholders their rightful opportunity to control the fate of their company,

There are a lot of bargains out there, ... Every acquisition you make is accretive to earnings. It's a real value creator.

One of their fundamental strategies was the same as ours - to move into businesses that were fee-driven and not so capital-intensive, and that is managing hotels instead of owning them.

He is a terrific guy. It is easy to be friendly with him.

We want to continue getting out of the real estate business and more into the fee business.

We don't intend to make any sort of counter-offer.

We've been working on this deal one way or another for the past 10 years.

We see very strong demand now. It's really good times for our business. From a hotel perspective it's boom times.

We can now use our brands that we have spent so much time and money to develop in the U.S. to expand internationally.

We like to have an investment grade ... now one of our objectives is to grow income and pay down debt.

Events change, and events have changed a lot in the last couple of weeks,

This has been an enormously difficult period for America and for the travel industry. But the trends we have seen since mid-September are validating our philosophy of managing for a recovery, ... We will see steady improvement in 2002.

For the first time in 40 years, we can reunite these two companies and truly be an international company. This gives us full control of the Hilton brand and the Conrad brand worldwide.