The Hilton Hotels Corporation announced a tentative six-year contract yesterday with the unions representing more than 3,000 workers at the Hilton New York and the Waldorf-Astoria, avoiding a threatened strike. Hilton and the union group, the New York Hotel and Motel Trades Council, said the agreement, reached four weeks after deadline, was similar to one made last month between the unions and the Hotel Association of New York City. That deal calls for raises of 4 percent annually for the first three years and 3.5 percent a year for the last three years.
See "Hilton Reaches Contract Deal With Unions", Steven Greenhouse, The New York Times, July 30, 2006