9/17/2013

Hilton Worldwide's filing for an initial public offering comes as hotel sales volumes continue to increase. Real Capital Analytics reports that U.S. hotel transactions rose 47%, to $14.1 billion, this year through July, with private equity firms driving the growth. Sales by institutional investors amounted to $3.44 billion during the first half of 2013, against $1.68 billion during the previous year.

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