HLT - Hilton Hotels Acquires Controlling Stake In Sydell To Expand Luxury Portfolio | Benzinga
Hilton Hotels Corporation (NYSE:HLT) has acquired a majority controlling interest in Sydell Group to expand the NoMad Hotels brand.
With the acquisition, Hilton aims to expand the NoMad brand from its London flagship location to high-end markets around the world.
The move marks Hilton's entry into the fast-growing luxury lifestyle hotel market.
Sydell, led by founder Andrew Zobler, has created seven lifestyle brands ...