NEW YORK CITY-Hilton Hotels Corp. and the Blackstone Group today confirmed the appointment of Christopher Nassetta as president and CEO of Hilton. The appointment comes just five days after the Blackstone Group's real estate and corporate private equity funds wrapped up its $26 billion acquisition of Los Angeles-based Hilton, as GlobeSt.com previously reported.
A source at locally based Blackstone tells GlobeSt.com that Nassetta will be based in Beverly Hills, CA. He also notes that the transition will be completed in the next three to four weeks.
Blackstone views Hilton as an important strategic investment and intends to invest in its properties and brands to enhance the company's growth, according to a release. As stated at the time of initial announcement in July, Blackstone has no intention of selling any brands or major assets as a result of the transaction.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
