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Hilton Announces Sale of 713-Room Hilton Pittsburgh

Category: North America & West Indies / Carribean islands
This is a press release selected by our editorial committee and published online for free on tuesday 23 may 2006

Hilton Hotels Corporation (NYSE:HLT) and Hertz Gateway Center, LP, announced today the sale of the 713-room Hilton Pittsburgh to Shubh Hotels Pittsburgh, LLC, for approximately $28 million. The hotel will continue to operate as a Hilton-branded property under the terms of a 20-year franchise agreement.

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