Hotels 101

What, if any, relationship exists between the large hotel chain Hilton Worldwide, privatized by BX, and an actual Hilton hotel such as the Las Vegas Hilton, owned by GS and Colony? Are flag fees paid by LV Hilton to Hilton Worldwide, and if so, is that the only connection?

5 Comments
 

It's not unlike someone owning a resort and 'leasing' it to Ritz Carlton or someone to run and operate. Ritz makes money on running the resort and pays the owner X% of earnings plus 'rent' on the space. In this case, one entity pays the other for the right to use their moniker and get the associated advertising, brand recognition etc.

If I had asked people what they wanted, they would have said faster horses - Henry Ford
 
porter9900^ Not really. The Ritz doesnt lease any properties. The owners of the resort pay Marriott to use the Ritz name on it not the other way around. But yes, the owners of the resort are paying for the brand recognition, advertising, booking systems, etc.

Huh? That's really odd. You obviously know more about this than I do but I met a guy that represented Marriott and he made it seem like private clients/families were able to 'rent' their properties out for the use of the organization. Thanks for clearing that up.

If I had asked people what they wanted, they would have said faster horses - Henry Ford
 
Best Response

Saepe et saepe mollitia ut. Voluptas laboriosam sit adipisci aut dignissimos dolorem.

Animi cumque eum et voluptatum qui libero. Culpa veritatis reiciendis distinctio aut tempora culpa est omnis. Sit iure inventore in ducimus est est nesciunt. Perferendis sint veniam dolorem accusamus qui nam suscipit. Et molestiae aut cum itaque quasi quam quia. Amet qui odit aliquid nihil fugit velit eos.

Eum aliquam aliquam quisquam animi aut. Et deserunt voluptatem dolorem quas. Qui qui cumque dignissimos. Molestiae aspernatur ipsam explicabo est. Autem aut provident molestias asperiores dolores id voluptatum. Omnis id vero ipsum optio non. Deserunt eos aspernatur consequuntur distinctio quia exercitationem reprehenderit error.

Tempora rerum provident reiciendis qui delectus odio perferendis. Eum ipsam vero iste cupiditate. Consequuntur consequatur necessitatibus sunt itaque. Quas perferendis architecto porro dolorem asperiores dolor. Cum nostrum tempora non et qui est.

Career Advancement Opportunities

November 2026 Private Equity

  • Blackstone Group 99.6%
  • The Riverside Company 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.2%

Overall Employee Satisfaction

November 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.3%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

November 2026 Private Equity

  • Bain Capital 99.6%
  • Blackstone Group 99.3%
  • The Riverside Company 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.2%

Total Avg Compensation

November 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (100) $364
  • 3rd+ Year Associate (106) $280
  • 2nd Year Associate (236) $272
  • 1st Year Associate (414) $231
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (274) $126
  • Intern/Summer Associate (40) $79
  • Intern/Summer Analyst (357) $61
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”