"To build on its recently announced Hilton Pet Friendly program Hilton Hotels has partnered with Pet Shelters Across America (PSAA), the nation’s leading animal sheltering organization dedicated to providing homes for animals in need. As the experts in providing warm hospitality to animals of all shapes and sizes, PSAA assisted Hilton in developing Pet Friendly, including providing tips for
Most Hilton hotels (including hotels in the Hilton family like Doubletree, Embassy Suites, Hampton Inn, Hilton Garden Inn, etc.) are offering a 10% discount through the end of the year through a promotion with USA Swimming. It books as 10% off BAR (best available rate) and is often a few dollars cheaper than the AAA rates. Most of the bookings...
Hilton Hotels eyes location near Presidential BallroomBizjournals.com, NC - 30 minutes agoORLANDO — Paris Hilton may have no interest in Orlando, but the hotel chain started by her great-grandfather certainly does. Hilton Hotels Corp. is …
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Hilton Hotels Corp. [HLT-N] today reported that shareholders approved the company’s $20.1-billion (USD) sale to The Blackstone Group LP [BX-N].
Under the terms of the Hilton Hotels takeover/buyout, Blackstone will pay Hilton shareholders $47.50 per share in cash. Including assumed debt, the total deal is valued at $26-billion.
Shares of Hilton Hotels rose 14 cents to $46.12 during afternoon trading. Blackstone Group shares rose 23 cents to $23.88.
Hilton Hotels [HLT-N]
Blackstone Group LP [BX-N]
Blackstone raised $4.1 billion in an initial public offering last month, the largest on Wall Street in five years.
Beverly Hills-based Hilton Hotels operates more than 2,800 hotels in 76 countries. The company also manages or franchises brands such as the Hilton, Hampton Inn, Hilton Garden Inn and the Waldorf Astoria Collection.The company generated $8.11-billion in revenue last year.
Blacksto
Morgan Stanley Real Estate announced today that it has completed the acquisition of eight European Hilton hotels. The completion of the sale of two further hotels -- Hilton Brussels and Hilton Zurich -- is expected by the end of the third quarter 2007. The acquisition price for all 10 hotels is €566 million.
"We are excited by the prospect of further developing our portfolio with Hilton," Budden said in a statement. "With our U.K. franchise expertise and the new Hampton by Hilton brand, we are confident that we can make a huge success of this alliance."
Hilton Hotels Corporation, Apollo Real Estate Advisors and Rida Development Corporation announced today the groundbreaking of the 1400-room Hilton hotel located south of the Orange County Convention Center. More...
The revival of Israel’s hotel industry has rekindled developers’ interest. After a long drought that began in the mid-1990s, a number of international chains, including Hilton Hotels Corp. (NYSE: HLT; HLN), Four Seasons Hotel Inc. (NYSE:FS; TSX:FSH) and Kempinski Hotels have recently said they were planning to open more hotels in Israel.In December 2006, the Israel Land Administration (ILA) published a tender for the construction of a 1,000-room hotel in Tiberias, after 15 years during which no hotel has been built in the town. US real estate tycoon Shaya Boymelgreen and Israeli developers are buying existing hotel properties.
