Hilton Hotels’ income rose 43% to $139.9...

Hilton Hotels’ income rose 43% to $139.9 million for the fiscal year. The company noted that property transactions in 1987, including the sales of the 50%-owned Beverly Hilton and Dallas Hilton hotels and a parcel of land adjacent to the New York Hilton, resulted in a gain of $43.8 million, contrasted with a loss of $2.5 million for 1986 property transactions. The Beverly Hills company said income from hotels rose 20% and gaming income increased 22%. In addition, hotel occupancy was 68% in 1987, up from 65% in the prior year.