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Hilton IPO Raises $2.3 Billion

Hilton IPO Raises $2.3 Billion

On Dec. 12, Hilton stocks began trading on the New York Stock Exchange (NYSE) for the first time since Blackstone took the company private in 2007. The Hilton IPO marks a record offering for a lodging company, raising over $2.3 ...

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Hilton Istanbul Bomonti Opening in January

Hilton Istanbul Bomonti Opening in January

Istanbul’s largest hotel and conference center, the brand new Hilton Istanbul Bomonti, will begin welcoming guests in January. Situated in the heart of central Sisli and adjacent to the former Bomonti Beer Factory, the 35-story Hilton Istanbul Bomonti offers easy ...

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Aloft Hotels Makes Debut in Dalian, China

Aloft Hotels Makes Debut in Dalian, China

DALIAN, China—Starwood Hotels and Resorts Worldwide announced the debut of its Aloft brand in Dalian, the financial center and leading port city of northeast China. Owned by Dalian Yifang Group Co., Aloft Dalian is the sixth Aloft hotel to open ...

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Lexington Unveils Adaptable 100-Room Inn Prototype

Lexington Unveils Adaptable 100-Room Inn Prototype

CLEVELAND—Lexington by Vantage, a collection of inns, hotels, and suites, has introduced a new 100-room inn prototype that is specifically designed with the guest and owner/operator in mind. The announcement was made by Lexington Group President Bill Hanley at Vantage ...

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