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In 2023, Hilton opened its 600th hotel in the Greater China region, the Hilton Nanjing Niushoushan, marking a milestone that signifies Hilton’s strong influence in the Greater China region.
Hilton’s second-quarter revenue increased by 18.75% YoY, and its net income attributable to shareholders rose by 11.68% YoY.
This transaction is one of the largest hotel acquisitions in the United States since August 2021 and the eighth investment by Trinity Fund Advisors LLC since June 2021, with a total transaction value of $2.1 billion.