Hilton Reports Full Year 2015 Results: Hotel and Resort Industry News for Feb. 26, 2016

Hotel & Resort Patrick Clarke February 26, 2016

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Hilton Reports Fourth Quarter, Full Year 2015 Results
The results were accompanied by an announcement that the company intends to spin off its real estate and timeshare businesses.

Mohegan Sun Operator Granted License to Develop Resort in South Korea
The Korean government has approved the Mohegan Tribal Gaming Authority for a license to develop an integrated resort at Incheon International Airport.

Blackstone, Gaw Capital Bid for Ascendas Hospitality
Sources say the Blackstone Group and Gaw Capital Partners have submitted preliminary bids to acquire Ascendas and its portfolio of 11 hotels around the world.

Pacifica Hotels Purchases San Simeon Pines Seaside Resort
The nine-acre resort features 60 rooms and is located just steps from the beach.

JUST THE LINKS

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Hilton Reports Full Year 2015 Results: Hotel and Resort Industry News for Feb. 26, 2016

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