Hilton IPO Looks Like No Bargain for Those Checking In on Day One | bloomberg.com

Blackstone Group (BX) is preparing to check out of Hilton Worldwide Holdings Inc. at a more opportune time than the private-equity shop checked in six years ago. When Hilton’s initial stock offering is priced Wednesday evening, it will be cheerily welcomed into a market in love with hotel stocks, which have been excellent performers all year, thanks to climbing occupancy rates and room charges.

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