Blackstone-controlled Hilton plans biggest hotel IPO

in 2013, Christopher Muller, Newsmakers, Reuters, School of Hospitality Administration
December 2nd, 2013

Christopher Muller, School of Hospitality Administration

Hilton Worldwide Inc said its initial public offering would raise up to $2.37 billion in the biggest-ever hotel IPO, more than doubling Blackstone Group LP’s investment…

Expert quote:

“The Blackstone Group has timed the Hilton IPO at the perfect market inflection points of increasing global consumer travel demand, daily room rates, and occupancy.”

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