Hilton Worldwide (HLT) Reports In-Line Q4 EPS; Will Spin Timeshare Business
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Hilton Worldwide Reports Fourth Quarter and Full Year 2015 Results: Exceeds High End of Adjusted EBITDA Guidance, Announces Intention to Spin off Real Estate and Timeshare Businesses
February 26, 2016 6:00 AM ESTMCLEAN, Va.--(BUSINESS WIRE)-- Hilton Worldwide Holdings Inc. ("Hilton," "Hilton Worldwide" or the "Company") (NYSE: HLT) today reported its fourth quarter and full year 2015 results. Highlights include:
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(Graphic: Business Wire)
EPS for the fourth... MoreHilton Worldwide Announces Intention to Spin off Real Estate and Timeshare Businesses
February 26, 2016 6:00 AM ESTWill result in three, fully activated, pure-play companies Intends to elect REIT status for the newly formed real estate company, making it one of the largest and most geographically diversified publicly traded lodging REITs Newly formed timeshare company would retain an exclusive, long-term affiliation with Hilton Worldwide Simplifies and focuses Hilton Worldwides business model on its core, capital efficient fee business
MCLEAN, Va.--(BUSINESS WIRE)-- Hilton Worldwide (NYSE:... More
