- Jun 7, 2005
- Reaction score
- Metro Los Angeles
It is cheaper for Hilton to exercise right of first refusal than to build new. .
This quote sums it all up for me. Hilton would prefer to exercise ROFR instead of building new properties in new places. This along with the new credo of building new resorts with higher point requirements sets a trend that I as a owner am unhappy with.