Hilton Eyes Record Hotel IPO With $2.4B Offering

in 2013, Christopher Muller, FoxBusiness.com, Newsmakers, School of Hospitality Administration
December 2nd, 2013

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Christopher Muller, School of Hospitality Administration

Hilton Worldwide increased the size of its initial public offering on Monday, saying it plans to raise up to $2.4 billion in what would be the largest offering by a hotel company…

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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