European Open Appetite for Risk Hangs in Balance Around the Fed

The owner of global luxury hotel chain Hilton Worldwide is planning to sell shares in the firm.

Blackstone Group paid $26.7 billion (£16.29 billion) for the company in October 2007 and is aiming to raise up to $2.4 billion by selling shares in the company.

The money raised through the share sale would be used to pay down debt.

Christopher Muller, a professor at Boston University's School of Hospitality Administration, told the BBC: "The Blackstone Group has timed the Hilton initial public offering at the perfect market inflection points of increasing global consumer travel demand, daily room rates, and occupancy."

A filing with the US Securities and Exchange Commission by Blackstone revealed that it is planning to sell Hilton shares for between $18 and $21 each in the initial public offering.

Home2Suites, Hilton Garden Inn, Hampton Inn, Conrad, Waldorf Astoria, Doubletree, Embassy Suites and Hilton Grand Vacations are among the brands owned by Hilton Worldwide.

Hilton is one of the most recognisable hotel brands in the world and shares in the company are likely to be in demand when they go on sale

Find up to date information on the FTSE 100 and spread betting strategies at City Index

The information on this web site is not targeted at the general public of any particular country. It is not intended for distribution to residents in any country where such distribution or use would contravene any local law or regulatory requirement. The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency or CFD contract. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. Any references to historical price movements or levels is informational based on our analysis and we do not represent or warranty that any such movements or levels are likely to reoccur in the future. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.

Futures, Options on Futures, Foreign Exchange and other leveraged products involves significant risk of loss and is not suitable for all investors. Losses can exceed your deposits. Increasing leverage increases risk. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. Contracts for Difference (CFDs) are not available for US residents. Products and services available depend on your location and the entity holding your account. Before deciding to trade forex, commodity futures, or digital assets, you should carefully consider your financial objectives, level of experience and risk appetite. Any opinions, news, research, analyses, prices or other information contained herein is intended as general information about the subject matter covered and is provided with the understanding that we do not provide any investment, legal, or tax advice. You should consult with appropriate counsel or other advisors on all investment, legal, or tax matters. References to FOREX.com or GAIN Capital refer to StoneX Group Inc. and its subsidiaries. Please read Characteristics and Risks of Standardized Options.

Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

FOREX.com is a trading name of GAIN Global Markets Inc. which is authorized and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands (as revised) with License number 25033.

FOREX.com may, from time to time, offer payment processing services with respect to card deposits through StoneX Financial Ltd, Moor House First Floor, 120 London Wall, London, EC2Y 5ET.

GAIN Global Markets Inc. has its principal place of business at 30 Independence Blvd, Suite 300 (3rd floor), Warren, NJ 07059, USA., and is a wholly-owned subsidiary of StoneX Group Inc.