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Stock impact report

Newbond Holdings and Conversant Capital Close Acquisition of Two Major San Francisco Hotels

Hilton Worldwide Holdings Inc. (HLT) 
Last hilton worldwide holdings inc. earnings: 2/11 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.hilton.com
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--A partnership between Newbond Holdings and Conversant Capital, which was formed to invest in large-format hospitality assets, today closed on the acquisition of two of San Francisco’s largest and most recognizable hotels: the Hilton San Francisco Union Square and Parc 55 San Francisco – A Hilton Hotel. The combined purchase price for the two hotels, comprising approximately 3,000 rooms and representing roughly 10% of the city’s total room inventory, was $408 million.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251125558285/en/“Today is a great moment for downtown San Francisco’s hospitality sector,” said Vann Avedisian, a Founding Partner of Newbond. “We are thrilled to complete the acquisition of Hilton Union Square and Parc 55, and to embark on an extensive capital improvement plan for the assets. These hotels, anchored in the heart of Union Square and backed by Hilton’s strong global bran Show less Read more
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