Hilton Worldwide announced Wednesday that it has completed its spin-off of Park Hotels & Resorts (Park) and Hilton Grand Vacations (HGV).
The move results in three independent and publicly-traded companies. Hilton said that Park, a real estate investment trust (REIT) and HGV, a timeshare company, will begin “regular way” trading on the New York Stock Exchange Wednesday. Read more...Hilton Completes Spin-Off of Park Hotels & Resorts, Hilton Grand Vacations – OlayinkaOyelamiHotels
