HILTON SUBLETTING

摘要

Hilton Worldwide Holdings Inc. (HLT), one of the world's largest hospitality companies, plans to separate its real estate assets into a publicly traded entity. Hilton intends to spinoff its hotel properties into a Real Estate Investment Trust (REIT). HLT, with a market cap of $22 billion, has applied for a tax-free spin-off transaction. HLT's share price surged 5.2% before closing at $22.45 on Dec.16, 2015.