Blackstone prepares for Hilton break-up | independent.co.uk

Hilton, the giant hotel group that was bought by Blackstone for $26bn (£15.5bn) at the top of the market in 2007, could be broken up under plans being devised by its owner. It is believed that Blackstone is looking at a range of options for the hotel group, including public listings for parts of the chain along geographic lines, debt-for-equity swaps with lenders, as well as trade sales of portfolios of hotels to rival companies.