{"id":122580,"date":"2016-12-05T00:00:00","date_gmt":"2016-12-04T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/hilton-worldwide-holdings-approved-the-spinoff-of-park-hotels-resorts-and-hilton-grand-vacations-for-public-listing\/"},"modified":"2026-03-28T15:33:14","modified_gmt":"2026-03-28T13:33:14","slug":"hilton-worldwide-holdings-approved-the-spinoff-of-park-hotels-resorts-and-hilton-grand-vacations-for-public-listing","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/hilton-worldwide-holdings-approved-the-spinoff-of-park-hotels-resorts-and-hilton-grand-vacations-for-public-listing\/","title":{"rendered":"Hilton Worldwide Holdings approved the spinoff of Park Hotels &amp; Resorts and Hilton Grand Vacations for public listing"},"content":{"rendered":"<div>On December 5, Hilton Worldwide Holdings shareholders approved the spinoff of the Park Hotels &amp; Resorts and Hilton Grand Vacations (HGV) divisions, which will be listed on the New York Stock Exchange.<\/div>\n<div><\/div>\n<div>Shareholders will receive 2 Park shares and 1 HGV share for every 10 Hilton shares held. Following the distribution, the company will perform a 1-for-3 reverse stock split. The transactions are expected to close on January 3, and Park and HGV will be traded on the stock exchange starting January 4, 2017.<\/div>\n<div><\/div>\n<p>Source: <a href=\"http:\/\/www.profit.ro\" data-wplink-url-error=\"true\">Profit<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>Which divisions is Hilton Worldwide Holdings spinning off?<\/strong><\/p>\n<p>The company is spinning off its Park Hotels &amp; Resorts and Hilton Grand Vacations (HGV) divisions into independent, publicly traded companies.<\/p>\n<p><strong>When will the new entities begin trading?<\/strong><\/p>\n<p>Park Hotels and Hilton Grand Vacations are scheduled to begin trading on the New York Stock Exchange on January 4, 2017.<\/p>\n<p><strong>What is the share distribution ratio for Hilton shareholders?<\/strong><\/p>\n<p>Shareholders will receive 2 shares of Park and 1 share of HGV for every 10 Hilton shares they currently hold.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On December 5, Hilton Worldwide Holdings shareholders approved the spinoff of the Park Hotels &amp; Resorts and Hilton Grand Vacations (HGV) divisions, which will be listed on the New York Stock Exchange. Shareholders will receive 2 Park shares and 1 HGV share for every 10 Hilton shares held. Following the distribution, the company will perform&hellip;<\/p>\n","protected":false},"author":0,"featured_media":66420,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2852],"tags":[],"thb-sponsors":[],"class_list":["post-122580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hotels-restaurants"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/hotelieri-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/122580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=122580"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/122580\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/66420"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=122580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=122580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=122580"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=122580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}