Hilton Hotels
Hilton Hotels & Resorts was established in 1919 by Conrad Hilton. In fact, it has been in business for more than a century now, which is quite an accomplishment. Hilton has grown from a handful of places to become a household name in a short period. It now has 586 hotels in 85 countries, a significant increase. With a purchase price of $6.5 billion, a Chinese aviation and shipping company known as HNA Group acquired a 25 percent stake in the hotel chain in 2016. It then became the company’s largest shareholder, surpassing the previous record holder. HNA had also purchased Carlson Hotels earlier in the year to expand its presence in the hotel business. When Hilton was sold to HNA, the company was valued at around 26 billion dollars.
Hilton Hotels
Starplex Cinemas
The reality is that Starplex Cinemas was never able to achieve the same level of success as AMC. After all, the company only has 34 sites around the United States. Since it does not have a presence in many parts of the country, many people in the United States have never visited one of its theaters. AMC Theaters purchased the property for $175 million in 2015. AMC Classics locations were then established at the former theater locations. We’ve already informed you that AMC is now under the management of a Chinese conglomerate known as the Dalian Wanda Group. Since all of the Starplex theaters were converted into AMC locations, the company has faded into obscurity in 2017. Dalian Wanda Group and AMC have effectively taken it whole, as evidenced by this statement.
Starplex Cinemas
