12.08.16Hilton To Detail A Simplified Fee-Based Business With Expanded Capital Return Potential At Investor Day
Hilton Worldwide Holdings (NYSE: HLT) (“Hilton”) will host an Investor Day in New York today to discuss the company’s strategy and financial outlook in conjunction with the planned spin-offs of Park Hotels & Resorts and Hilton Grand Vacations.
12.05.16Hilton Board of Directors Approves Spin-off of Park Hotels & Resorts and Hilton Grand Vacations
Hilton Worldwide Holdings (NYSE: HLT) (“Hilton”) today announced that its Board of Directors has approved the distribution to its shareholders of all of the outstanding shares of Park Hotels & Resorts Inc. (“Park”), which will become the holder of a portfolio of hotels and resorts previously held by Hilton, and Hilton Grand Vacations Inc. (“HGV”), Hilton’s timeshare business.
12.05.16Hilton Named a Best Place to Work for LGBT Equality
Hilton (NYSE: HLT) announced today that it received a perfect score on the 2017 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rights Campaign Foundation (HRC).
11.21.16Hilton Appoints New Head of Corporate Affairs
Hilton (NYSE:HLT) has named Katie Beirne Fallon as senior vice president and global head of corporate affairs. She previously served as a senior advisor at the White House and a top aide in the U.S. Senate. Hilton’s corporate affairs department includes communications, government relations and corporate responsibility functions globally for the company. Fallon will report to Christopher J. Nassetta, president and CEO of Hilton, and serve as a member of the executive committee.
11.16.16Matthew Sparks Appointed as Chief Investment Officer of Park Hotels & Resorts
Hilton Worldwide Holdings, Inc. (NYSE: HLT) (“Hilton”) announced today that Matthew Sparks has been appointed executive vice president and chief investment officer of Park Hotels & Resorts (“Park”), the planned real estate investment trust that will be separated from Hilton around year-end.
11.14.16Hilton Introduces Future Board of Directors for Hilton Grand Vacations
As Hilton (NYSE: HLT) prepares to separate into three independent companies at or around year end, the Company today introduced the prospective members of the Board of Directors of Hilton Grand Vacations ("HGV"). The Board will include directors chosen after a comprehensive review of professional and personal qualifications as they relate to the needs of HGV.
11.14.16Hilton Introduces Board of Directors for Park Hotels & Resorts
As Hilton Worldwide Holdings Inc. (NYSE: HLT) (“Hilton”) prepares to spin off the bulk of its real estate and timeshare businesses into two separate publicly traded companies, the company is proud to introduce the expected members of the Board of Directors of Park Hotels & Resorts Inc. ("Park"). After a comprehensive review of personal and professional qualifications, directors were chosen based upon the specific needs of Park.
11.14.16Hilton Introduces Expanded Leadership Team for Park Hotels & Resorts
Hilton Worldwide Holdings Inc (NYSE: HLT) (“Hilton”) today announced the appointment of additional members of the executive leadership team of Park Hotels & Resorts Inc. ("Park"), ahead of the planned separation of the real estate investment trust (REIT) around year end. Hilton previously announced the appointment of Thomas J. Baltimore, Jr. as chief executive officer, and Sean M. Dell’Orto as chief financial officer, of Park.
11.14.16Hilton Grand Vacations Announces Launch of Senior Notes Offering
Hilton Grand Vacations Borrower LLC (the “Issuer”) and Hilton Grand Vacations Borrower Inc. (together with the Issuer, the “Issuers”) announced today the planned offering, subject to market and other conditions, of $300,000,000 aggregate principal amount of the Issuers’ Senior Notes due 2024 (the “Notes”).
11.09.16Hilton Worldwide Announces Secondary Offering of 55,000,000 Shares of Common Stock
Hilton Worldwide Holdings Inc. (“Hilton Worldwide” or the “Company”) announced today that certain selling stockholders affiliated with The Blackstone Group L.P. have commenced a secondary offering of 55,000,000 shares of Hilton Worldwide common stock.
10.26.16Hilton Reports Third Quarter Results; Spin-Off Transactions on Track for End of Year
Hilton Worldwide Holdings Inc. ("Hilton," or the "Company") (NYSE: HLT) today reported its third quarter 2016 results.
10.24.16HNA Group Makes Strategic Investment in Hilton
Hilton Worldwide Holdings Inc. (NYSE: HLT) (“Hilton”), HNA Group (“HNA”) and Blackstone (NYSE: BX) announced today that HNA will acquire an approximate 25 percent equity interest in Hilton from affiliates of Blackstone, establishing a long-term strategic investment in Hilton and Hilton’s planned spin-offs of Park Hotels & Resorts (“Park”) and Hilton Grand Vacations (“HGV”).