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Hilton Registers for Planned Spin-Offs

Hilton Registers for Planned Spin-Offs

MCLEAN, Va.—Hilton Worldwide Holdings has announced that Form 10 Registration Statements have been filed with the U.S. Securities and Exchange Commission (SEC) for its timeshare business and the bulk of its real estate business in connection with the previously announced ...

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Monarch Beach Reveals $40 Million Renovation

Monarch Beach Reveals $40 Million Renovation

Previously known as the St. Regis Monarch Beach, the resort has been revamped into the Monarch Beach Resort, finishing its $40 million project after one year. The Monarch now displays a coastal atmosphere, complete with numerous amenities and activities. The ...

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Hilton Worldwide Announces Two Planned Spin-Offs

Hilton Worldwide has announced it is one step closer to spinning off two companies. Its board of directors has approved plans to spin off its real estate and timeshare businesses into individual companies. Those new companies will be called Park ...

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Ashford Completes $142 Million Sale

Ashford Completes $142 Million Sale

DALLAS—Ashford Hospitality Trust, Inc. announced today that it has completed its previously-announced sale of a 5-hotel, 1,396-room portfolio of select-service hotels for $142 million in cash ($102,000 per key) to Noble Investment Group. The 5-hotel portfolio is comprised of the ...

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