Hilton profits fall to £98m

HOTELS and betting group Hilton yesterday reported a slump in half-year profits after its hotels arm continued to suffer from fall in demand.

The division, which includes 78 sites in the UK and Ireland, has been hurt by the global economic downturn and the fall in international travel.

Profits at the hotels slid 23% to stg£97.8m for the six months to June 30, Hilton said.