Hilton Hotels
Hilton Hotels & Resorts was established in 1919 by Conrad Hilton. If that’s the case, then it’s been in business for almost a century! Hilton has grown from a small number of locations to become a household name. There are now 586 hotels in 85 countries under its management. HNA Group, a Chinese aviation and shipping conglomerate, paid $6.5 billion in 2016 for a 25% share in the hotel group. As a result, it grew to be the company’s largest stakeholder. HNA also bought Carlson Hotels earlier that year in an effort to enter the hotel market. Hilton had a market value of around $26 billion when it was sold to HNA.
Hilton Hotels
Starplex Cinemas
The truth is that Starplex Cinemas never enjoyed the same level of success as AMC did in the United States. After all, there are only 34 of them in the United States. Many people in the United States have never been to one of their theaters because there aren’t any in many parts of the country. AMC Theaters paid $175 million buying it in 2015. AMC Classics theaters were built on the sites. We’ve already informed you that Dalian Wanda Group, a Chinese conglomerate, now owns a majority stake in AMC. As of 2017, all Starplex cinemas have been converted into AMC locations, and the company has virtually dissolved. To put it another way, both Dalian Wanda Group and AMC have taken it in!
Starplex Cinemas
