Originally Posted by
lsquare
I thought Hilton wasn't in the business of owning hotels? 80% is pretty significant.
Hilton International does invest in property on a strategic basis, typically in markets they care about, but lack options. HK certainly fits this profile, but I am a little skeptical because they tend to disclose these assets in a public manner. My secondary theory is that an entity that neither Swire nor Hilton wants to be associated with has some skin in the game. Honestly, I don't know the answer.