HOTELS

Hilton Earmarks $1 Billion for Acquisitions: The Beverly Hills-based company said it plans to spend that amount on hotel acquisitions in the next 12 to 18 months and will add 10,000 rooms a year. In addition, Hilton Chief Executive Stephen Bollenbach said he expects the company will meet analysts’ earnings estimates for the quarter ending in June. Hilton Hotels Corp. also said its “hold percentage” at the Las Vegas Hilton is down from a year ago. The hold percentage is a measure of the money a casino makes from gamblers, contrasted with the amount paid to winning gamblers.