Articles tagged “hilton”

What is the right formula for Blackstone? Two IPOs and a sale or perhaps three IPOs -- namely for Extended Stay America, Hilton, and possibly La Quinta. It is so nice to have options.

The limited-service concept is designed to reduce overhead at hotels such as New York Hilton Midtown, but it will only work if Herb and other guests don't tire of dealing with the midnight munchies, and decide to reserve rooms elsewhere on their next visit.

Proceeds from the IPO -- the size of which is still to be determined -- would go toward paying down debt. Unlike many other private equity acquisitions where the acquired companies have been hamstrung and loaded down with debt, Blackstone has really rationalized and improved Hilton's global operations.

Expedia's new pay-at-the-hotel option for Hilton, Marriott and others is all about competing with Priceline's Booking.com, which for years has been growing by enabling guests to reserve a stay and then pay at the front desk.

Extended Stay America and Hilton are two totally different kinds of hotel companies, but Extended Stay America's IPO is likely to impact the timing and shape of a potential Hilton IPO. The most interesting thing is that if everything falls into place, it looks like Hilton's long-awaited IPO will finally be on tap for 2014.

Ease of use should indeed increase conversions, but it's difficult to compare the complexity of dealing with apartment hosts on Airbnb with simply completing a hotel booking from one brand on Hilton.com.

Mega hotels like the Midtown Hilton compete with restaurants and take-out joints that can deliver better meals than the hotel's own kitchens, but quality in-room dining will always have a place in many properties.

Analysts tend to overlook the seeming little things at times. It's clear that Hilton Worldwide's headquarters relocation from Beverly Hills to Virginia four years ago was a game-changer for the company.

The deal is a win-win for everyone, but Starbucks fans: It allows Hilton to save costs on the 100,000 cups of free coffee consumed by guests each day and provides the LA-based coffee group with a brand boost.