Hi all,
I did a search but was surprised to not come up with anything.
Mid last month Blackstone announced it would file an IPO for Hilton to raise $1.25B. I am not too familiar with the lodging industry but to my knowledge most of the other large/luxury chains remain private.
http://www.bloomberg.com/news/2013-0...ial-offer.html
I really just wanted to see what peoples opinions were on how this could affect points valuations. With Hilton being known for their prior devaluations I need to decide if I should try to burn through these ASAP.
Thanks!