Hilton completes on Hilton purchase

Hilton Hotels Corporation has completed its acquisition of the lodging assets of Hilton Group plc (known collectively as “Hilton International”) for approximately GBP 3.3 billion. “This is one of the most noteworthy days in the history of our company, as Hilton is once again a global hotel company for the first time in over 40 years,” said Stephen F. Bollenbach, co-chairman and chief executive officer of Hilton Hotels Corporation. “As the world’s largest and most geographically diverse hotel company, with the industry’s most talented and dedicated team members, we look forward to an exciting future.”