Hints and tips:
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
...Apollo has also historically turned to the borrowings, pledging its shares in ADT, Rackspace, Hilton Grand Vacations, TD Synnex and OneMain Financial to secure loans, according to the filings....
...privately owned partnerships almost exclusively focused on corporate takeovers, could not always afford to purchase on their own some of the companies they considered attractive targets — such as hotelier Hilton...
...It was a stark contrast to the mood just seven months earlier at the same venue, the Beverly Hilton, when dealmakers congregating for the Milken Institute’s October conference celebrated soaring financial...
...March 2017, there was one big dealmaking mystery we couldn’t quite crack: why was a regional Chinese airline operator spending money hand over first to snap up stakes in everything from Deutsche Bank to Hilton...
...Starwood also acquired a portfolio of seven Hilton hotels in the UK in February....
...Among the first to tap credit lines in this crisis were companies such as Norwegian Cruise Line and Hilton Worldwide, which were acutely hit by fallout from the global health pandemic as customers cancelled...
...After leaving jobs at the top of former prime minister David Cameron’s operation in Downing Street, Steve Hilton and Rachel Whetstone transplanted themselves to California....
...Some of its key investments include Invitation Homes and Hilton Worldwide. The company has also been selling down on its Hilton’s stake....
...Or why nobody told Paris Hilton about it....
...Half a century ago it was easy to imagine that a Hilton hotel would soon be orbiting the Earth....
...——- “Barry Sternlicht is a legend in the industry and you would not bet against him,” said John Brennan, chief executive of Amaris Hospitality, which owns the Jurys Inn chain and runs hotels under the Hilton...
...He popped champagne with Paris Hilton in the French Riviera and befriended singer Alicia Keys, whose photos he posted on his Instagram account....
...The Ally IPO is the US’s biggest since Hilton Worldwide, the hotel chain operator backed by Blackstone, raised $2.7bn in December....
...Hilton, which was acquired for $26bn including debt by Blackstone, has net debt of $13bn....
...Hotel companies are highly visible—notably, Marriott (new owner of South Africa’s Protea), Hilton, and Starwood....
...It will be an early focus for Hertz’s new chief financial officer, Tom Kennedy, formerly of hotels group Hilton Worldwide, who joined in December....
...At one point both it and Blackstone were nursing troubled deals: Caesars for Apollo and Hilton for Blackstone....
...Things in the sector have improved to such an extent that Hilton Worldwide is planning its return to public markets, after Blackstone bought the hotel chain at the peak of the bubble....
...Was Denis Hennequin’s Accor just too French to pursue an aggressive asset-light hotel strategy of the kind long favoured by American hospitality groups such as Hilton, Marriott and Starwood Hotels Resorts...
...The strategy has been pursued by most of Accor’s competitors, such as InterContinental Hotels Group, Hilton, Marriott and Starwood....
...Michael Phelps, the American swimmer, mentions Visa, Head & Shoulders shampoo, and Hilton Hotels amid the training updates he shares with his 5.4m Facebook fans....
...Other appointments to the new board included executives from Hilton, the state-owned discount airline flydubai, and Dubai Holding itself....
...Apart from the Ritz-Carlton group, Hilton is opening its first Doubletree hotel in Okinawa this year, targeting both tourists and business travellers....
...Hilton concedes that hotels located deeper in the city are still facing tougher times than before....
International Edition