(Reuters) - Hilton and other lodging companies have been taking advantage of robust demand for hotel properties to trim their portfolios. Hilton also said on Thursday that it had closed the sale of its Scandic Hotel chain to private equity group EQT for $1.1 billion.
Hilton Hotels is seeking an investment-grade credit rating after taking on debt to buy Hilton International in February 2006 in a $6 billion deal.
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