Hilton Worldwide Launches 100th Hotel in Latin America

Hilton Worldwide is celebrating its one-hundredth hotel in Latin America with the grand opening of the Hilton Rio de Janeiro Copacabana. The beachfront property is also one of the largest in the area, offering 545 rooms with towering views. The Copacabana joins the Hilton Barra Rio de Janeiro as the hotel giant’s second property in the city. [Read more…]

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Hilton Worldwide to Become Separate from Hilton Grand Vacations

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…]