HILTON HOTELS CORPORATION

Hilton Hotels Corporation said in a release that it would invest around $143 million in the venture and later also has plans to raise debt from the market. Under the proposed arrangement, the DLF-Hilton joint venture will develop and build the properties, while Hilton is going to take care of the management. Several wellknown brand names from the corporation’s portfolio – for instance, Hilton Hotels, Hilton Garden Inn, Homewood Suites by Hilton and Hilton Residences – will figure in the list of the JV-owned hotels.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

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