Hilton Eyes Record Hotel IPO With $2.4B Offering

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

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.”

View full article

Comments are closed.