Simpson Thacher is advising Hilton Worldwide Holdings Inc. on its announced plan to spin off the bulk of its real estate business into a publicly traded real estate investment trust (REIT) and to spin off its timeshare business, Hilton Grand Vacations, as a separate publicly traded company.
Hilton Worldwide (NYSE: HLT) is a leading global hospitality company, with more than 4,600 managed, franchised, owned and leased hotel and timeshare properties with more than 758,000 rooms in 100 countries and territories. The company’s portfolio of global brands includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio - A Collection by Hilton, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations.
The Simpson Thacher team includes Josh Bonnie, Edgar Lewandowski, Will Golden, Jo Djekovic, Nick Milonas and Thomas Killeen (Capital Markets); Eric Swedenburg, Mitch Ryan and Grady Chang (M&A); John Hart, Andrew Purcell and George Davis (Tax); Brian Gluck and Benjamin Baucom (Credit); Greg Grogan, Aimee Adler, Jennifer Pepin and Samantha Steinfeld (ECEB); and Ellen Smiley (Public Company Advisory Practice).