Hilton Worldwide plans stock market listing

Hilton Pattaya

Related Stories

The Hotel chain Hilton Worldwide has filed for an initial public offering to raise up to $1.25bn (£790m).

It is being sold by the private equity group Blackstone, which bought Hilton in 2007 for $26.7bn.

Blackstone's filing did not say how much of Hilton it plans to sell or which stock exchange it will use. It will use the proceeds to pay off debt.

Hilton Worldwide has about 4,000 hotels, resorts and timeshare properties spread across 90 countries.

The group's brands include Conrad, Waldorf Astoria, Doubletree, Embassy Suites, Homewood Suites, Home2Suites, Hilton Garden Inn, Hampton Inn, and Hilton Grand Vacations.

It was founded in 1919 by Conrad Hilton.

Blackstone's deal to take it private was one of the biggest buyouts before the financial crisis.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Business stories



  • A very clever little girlBrain gain

    Why are people getting better at intelligence tests?

  • Don Roberto Placa Quiet Don

    The world's worst interview - with one of the loneliest men on Earth

  • Pakistani police officers escort Zaki-ur-Rahman Lakhvi, center, the main sispect in the Mumbai terror attacks in 2008, after his court appearance in Islamabad, Pakistan, Tuesday, Dec 30, 2014Freedom behind bars

    The luxury lifestyle of Pakistan's most notorious prisoner

  • Agricultural crops in Queensland, including legumes, wheat, barley and sorghum Rapid expansion

    Does Australia's farm sector need foreign investment?

From BBC Capital


  • BatteriesClick Watch

    More power to your phone - the lithium-ion batteries that could last twice as long

Try our new site and tell us what you think. Learn more
Take me there

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.