Hilton Worldwide to Become Separate from Hilton Grand Vacations
Monday, February 29, 2016
Hilton Worldwide announced plans for spinning off its timeshare business, Hilton Grand Vacations (HGV), as a separate publicly traded company. Hilton Worldwide is also turning the majority of its real estate business into a publicly traded real estate investment trust (REIT). This will make it the largest and most geographically diversified publicly traded lodging REIT. [Read more…]
