Blackstone Denies Hilton Breakup Planned
The Blackstone Group is preparing to sell off pieces of Hilton Hotels Corp., possibly breaking up the company based along geographic lines or divesting of certain brands, according to published reports.A However, aA spokesperson for Blackstone says plans for a breakup of Hilton are "categorically untrue." According to The Independent of London , ...
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#1 Feb 4, 2010
It is true,I worked for the call center in Hazleton pa which handles all north eastern hotels,they shut us down 12/08/09,they put 175 people out of work,they shipped our calls to what they say Florida but that isn't true they are going to the Philipeans,hemet,ca call center is in jeopardy,they are breaking up piece by piece,this is a investment firm who breaks up companies I'm still feeling the pain of my job loss,I enjoyed my job and was quite good at it,I made them money but that didn'tt matter 2 months later I drive by Hilton Resevations sin still there and all phone lines are hooked up whats the deal
#2 Apr 3, 2010
Blackstone is a bunch of Liars. When I first heard that they had bought Hilton I looked them up on the Internet. They are all about outsoursing and breaking up companies to resell. But you know, what you have done to others will come back to you. When you work in that kind of world, eventually you are not good enough and you will be sold or fired.
#5 Aug 30, 2010
Blackstone would have already sold Hilton if there were any buyers for a company that lost half its value since it was purchased. There is still a pending lawsuit from Starwood for espionage.
It's debt got restructured. Otherwise, you'd be looking at a bankrupt company. I will never stay at one over the hil ton hotel or any affiliate again. Marriott is much better.
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