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Old May 25, 2020 | 4:57 am
  #766  
moondog
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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.
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