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Old Jun 9, 2005 | 8:49 am
  #17  
ILuvParis
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Originally Posted by Shareholder
I believe Hilton International was owned by UA for a very short period and then quickly sold off, though you are right about Hertz and the aforementioned Westin being part of the short-lived ALLEGIS. It has been British for several decades now, owned by the Ladbrook gaming folks. Though it was started as a spin off from the American Hiltons, which dumped its non-US properties back in the 1960s or early 70s. As a part of that agreement, Hilton USA could not open overseas properties under the Hilton name. This led to the establishment of the high end Conrad brand for a limited number of major city properties outside the USA. I believe Hilton International forged a link with TWA through the 70s, when that carrier began to lose its international cachet.
Actually, here is deal on the hotels, according to the UAL website:

July 30, 1970
Stockholders of UAL, Inc. approve acquisition of Seattle-based Western International Hotels, Inc. (WIH) as a subsidiary.

April 30, 1987
UAL, Inc. changes its name to Allegis Corporation.

June 9, 1987
Car rental executive Frank Olson is elected interim chairman, president - CEO of Allegis and chairman of United following departure of Richard Ferris.

Sept. 3, 1987
The Allegis board approves the sale of Hilton International.

Oct. 29, 1987
Conniston Partners, a major Allegis investor group, forces Allegis to sell off its interests in The Hertz Corporation and Westin Hotels Company.


I couldn't find anything about when Hilton Int'l was purchased, but they obviously sold these hotels less than 20 years ago.

http://www.united.com/page/middlepag...3,2286,00.html
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