Hilton Hotels Corp. reported second-quarter net income of $144 million, (35 cents per share), down 29 percent from $202 million (49 cents per share), for the same period a year earlier. Revenue for the Beverly Hills-based hotel chain and operator rose 86 percent to $2.2 billion, mainly due to higher room pricing, the company said.

Analysts projected earnings of 34 cents per share on sales of $2.21 billion, according to Thomson Financial.

“All three parts of our company the hotels we own, our management and franchise fee business, and our timeshare operations continue to perform extremely well as our unparalleled collection of respected brands remain the first choices for the world’s travelers and hotel owners,” said co-Chairman and Chief Executive Stephen Bollenbach in a statement.

The company said it still expects full-year earnings of between $1.17 to $1.21 per share, with total revenue between $8.1 billion and $8.13 billion. Hilton shares closed up 1 percent to $24.16 on the New York Stock Exchange.