Hilton Hotels
Conrad Hilton founded Hilton Hotels & Resorts in 1919. Yes, it means that it has been in operation for more than an entire century by now! From a handful of locations, Hilton has turned into a household name. It now has 586 hotels across 85 countries. In 2016, a Chinese aviation and shipping company known as HNA Group bought a 25% stake in the hotel chain for $6.5 billion. It then became the biggest shareholder of the company. Earlier that year, HNA also purchased Carlson Hotels in an effort to go into the hospitality industry. When Hilton was sold to HNA, it had been worth approximately $26 billion.
Hilton Hotels
Starplex Cinemas
The truth is that Starplex Cinemas did not ever reach the same amount of success that AMC did. It only has 34 locations in the United States, after all. Many Americans have never set foot in their theaters simply because it does not have a presence in many places in the country. In 2015, AMC Theaters purchased it for $175 million. The locations were then converted into AMC Classics locations. We have already told you that AMC is now controlled by a Chinese group called Dalian Wanda Group. In 2017, Starplex has disappeared into obscurity once all the theaters were transformed into AMC locations. This essentially means that it has been swallowed whole by both Dalian Wanda Group and AMC!
Starplex Cinemas
