Blackstone-controlled Hilton plans biggest hotel IPO

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

chris-muller-e1320781448723-150x150Reuters
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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