Hilton Board of Directors Approves Spin-off of Park Hotels & Resorts and Hilton Grand Vacations

Hilton Worldwide Holdings (NYSE: HLT) (“Hilton”) today announced that its Board of Directors has approved the distribution to its shareholders of all of the outstanding shares of Park Hotels & Resorts Inc. (“Park”), which will become the holder of a portfolio of hotels and resorts previously held by Hilton, and Hilton Grand Vacations Inc. (“HGV”),…

Hilton Introduces Future Board of Directors for Hilton Grand Vacations

As Hilton (NYSE: HLT) prepares to separate into three independent companies at or around year end, the Company has introduced the prospective members of the Board of Directors of Hilton Grand Vacations (“HGV”). The Board will include directors chosen after a comprehensive review of professional and personal qualifications as they relate to the needs of…