Early August.

United States, Virginia.

About eight months have passed since Barings Bank acquired the Hilton Hotel Group, and Lin Zuhui came to the new headquarters of the Hilton Hotel Group for the first time.

"Mr. Lin, welcome to inspect our work!" Hilton CEO Chris Nassetta, along with several senior executives, greeted him respectfully.

It is good for Hilton Hotel Group to be handed over to a team of professional managers; but don’t forget that Barings is an investment bank.

The so-called investment bank is not only responsible for acquisitions, but also responsible for "replacing the management team" of the acquired company, "formulating business strategies", etc.

In this way, the acquired companies can 'turn losses into profits', 'grow and grow', and then be 'listed' or 're-listed' at a selected time, and the shares in the hands of investment banks will become 'a rising tide lifts all boats'. This is investment

Bank's 'remuneration'.

This means that during the eight months after the acquisition, the Hilton Hotel was actually operated jointly by the "Chris Nassetta Team" and the "Bahrain Bank Team".

Of course, Chris Nassetta's team is more responsible, and Barings Bank has more of a auxiliary effect.

"I heard that the Hilton Hotel Group has achieved some results, and I am very happy to come and take a look." Lin Zuhui said with a smile.

He still attaches great importance to the professional manager team, although if they do not do well, he can directly fire them; but in fact, the cost of dismissal is greater than the cost of recruitment. This is the European and American system.

Of course, there must be brave men under heavy rewards, and these talents have indeed played a very good role in the company, bringing very large returns to the boss and shareholders.

"I hope I can get your approval! This way, please, I will take you to visit the Hilton headquarters first." Chris Nassetta said modestly.

As a professional manager and a hotel veteran, he still maintains a very high admiration and respect for successful people like Lin Zuhui in "all fields".

Lin Zuhui nodded, and accompanied by Chris Nassetta and other management teams, as well as Barings Bank Vice President Harold and others, visited the Hilton Hotel headquarters.

Originally, Hilton Hotel was headquartered in Beverly Hills, Los Angeles, but in order to save costs (office costs, labor costs), it moved to Virginia; at the same time, Hilton Hotel's top management also took on a new look.

During the inspection, the staff at work applauded and welcomed. This was definitely not organized in advance. Lin Zuhui was very sure, because Europe and the United States rarely did this, and Lin Zuhui was enough to convince these people.

After inspecting several departments, Lin Zuhui saw a brand new and energetic team, and everyone returned to the conference room.

Chris Nassetta reports:

"Hilton Hotel's management has been adjusted, and we have formulated the next work plan, which is mainly to further promote the Hilton Group's franchise strategy and significantly reduce operating costs, as well as expand new hotel brands."

"We plan to expand the number of hotels and rooms by more than 30% within five years, that is, the number of hotels will reach more than 3,500 and the number of rooms will increase to 600,000. The expansion speed will be faster than our competitors Marriott Group, InterContinental, etc.

.”

"Hilton Hotel Group, the original franchise model is very good. It is an excellent model for us to use as little capital as possible to expand the hotel business. Using this model, we can make Hilton Hotels with little or no investment.

Branded hotels are popping up everywhere..."

The report was very detailed, allowing Lin Zuhui to see the hope of making a lot of money. Now that Lin Zuhui's funds are huge, even if there is a 5% return rate every year, he feels it is a very good deal.

As for the Hilton Hotel Group, Bahrain Bank only spent 5 billion US dollars, and the rest were leveraged loans and debt obligations. There was no need to calculate the acquisition cost at all; because of the leveraged loans, the debt can be converted into shares and Hilton's profits are repaid, and these debts themselves are owned by Hilton.

Part of the hotel group.

Therefore, assuming that Hilton Hotel was listed in 2005 with a market value of 20 billion US dollars and Barings Bank’s shareholding value was 15 billion US dollars, then Barings Bank earned US$10 billion; of course, various factors must be considered for later cash out, such as the Lehman incident

.

All in all, this business could earn US$10 billion, or even more. Lin Zuhui even considered retaining his position as a major shareholder and selling only part of the stock to cash out.

After all, Hilton hotels are prime assets.

Lin Zuhui asked: "Have new hotel brands been promoted?"

Chris Nassetta reported seriously: "A team has been formed to carry out systematic engineering, and I believe a complete plan will be formulated next year..."

The target guests of this hotel brand are very clear, who are the creators of fashion trends. The hotel brand will also cooperate with major technology companies and famous Hollywood directors to produce short films about the hotel.

In addition to this new hotel brand, Lin Zuhui also made a mental plan to use the impact of the '9.11' incident to acquire some hotel brands at low prices and incorporate them into the Hilton Hotel Group.

In this way, the market value of future listings will naturally be higher, and the rate of return for Bahrain Bank will also be higher.

For this new brand, it can be seen that Chris Nassetta's team attaches great importance to it, and all work is being carried out in an orderly manner.

Finally, Lin Zuhui asked: "What about the cooperation project with Bulgari?"

Chris Nassetta said: "We can formally sign a contract soon. Each party will hold 50% of the equity to build the 'Bulgari Hotel' and position it as a high-end luxury hotel brand."

Lin Zuhui nodded. He liked the Bulgari Hotel in Shanghai in his previous life.

Bulgari is a luxury jewelry brand that crosses over into high-end hotels, which is very topical in itself. Coupled with Bulgari's long history, strong brand, and Hilton hotel management, it is easy to succeed.

........

This chapter is not over yet, please click on the next page to continue reading! After finishing the Hilton Hotel Group’s inspection trip, Lin Zuhui took everyone with him to New York on his special plane.

They were invited by Barron Hilton, the second generation of the Hilton family who once owned the Hilton Hotel Group, to attend a dinner specially prepared for him at the Waldorf Astoria Hotel in New York.

The Waldorf Astoria Hotel is known as the "originator of luxury hotels". The world's first Waldorf Astoria Hotel is located in Manhattan, New York, USA and opened in 1893. It is a luxury hotel brand under Hilton and is recognized as a world-famous luxury hotel.

In history, countless celebrities have stayed at the Waldorf Astoria Hotel in New York, including former British Prime Minister Churchill, former French President de Gaulle, Queen Elizabeth and other political figures from various countries; it has also attracted celebrities,

Popular with the rich, Marilyn Monroe often attended balls and the Rolling Stones performed.

Such a luxury hotel full of luxury and history is actually its owner now, Lin Zuhui.

At the Waldorf Astoria Hotel in New York, it is said that there is a suite specially prepared for the Hilton family. Lin Zuhui was a little surprised. Will they pay for it?

Of course, he is not a stingy person. After all, his hotel group still has someone else's surname! What's more, if he turns against the Hilton family, it will definitely have an impact on the entire brand.

Lin Zuhui, Chris Nassetta, Harold and others came to the banquet hall, and were greeted by 70-year-old Barron Hilton and his family members.

"Mr. Lin, I'm glad you can come to the banquet I specially invited you to!" Barron Hilton said like a gentleman.

Barron Hilton is seventy-two years old this year and has been in control of Hilton Hotels for 20 to 30 years. He is a real master. It was not until the late 1980s that he sold most of his shares to others; in last year's acquisition, he sold the remaining

All shares are sold.

This is a wise old man, Lin Zuhui commented in his heart.

Selling the Hilton Hotel Group was not what he wanted, but none of his eight children wanted to learn business in peace, and only wanted to enjoy the family wealth. Therefore, in a rage, he sold all the shares and converted them into cash and incorporated them into the family fund.

inside.

He even said boldly: “If you want to spend more money, just go and earn it yourself!”

Lin Zuhui said modestly: "I should take the initiative to visit you!"

In the eyes of many ordinary people, Bahrain Bank is just an investment bank and has nothing to do with Lin Zuhui; but in the eyes of those who know the inside story, Bahrain Bank is a private investment bank owned by Lin Zuhui, and the actions of Bahrain Bank represent Lin Zuhui's

action.

"Haha, Mr. Lin is indeed very humble. If I could achieve your results in my thirties, I would definitely not be as good as you. Of course, because of this, my achievements are not as high as yours."

"Mr. Barron, thank you. If Hilton didn't have you, I believe it wouldn't be the world's number one hotel group. You have made a great contribution to Hilton's globalization process. If it were me, maybe I wouldn't be able to do as much as you did."

good."

A period of business exchanges deepened the relationship between the two parties, and Barron Hilton then introduced him to people from the Hilton family.

In fact, Barron Hilton also took the opportunity of inviting Lin Zuhui to inquire about the Hilton Group's development plan from Chris Nassetta, Harold and others. After all, although there are no more stocks, the more Hilton Hotels Group develops, the more Hilton will

The louder the family.

Because 'Hilton' is their last name.

The banquet went smoothly, and the guests of honor were smiling happily.

"Miss Paris, are you worried?"

During this period, Lin Zuhui came to Paris Hilton and asked in a gentlemanly manner.

Paris Hilton is the famous 'social butterfly' in later generations and the 'master' of Kardashian.

An eighteen-year-old girl is preoccupied with the banquet and even seems unwilling to participate in such a banquet. Naturally, she is very eye-catching.

Paris Hilton suddenly raised her head and asked curiously: "Can Mr. Lin see the girl's thoughts?"

Lin Zuhui saw that several major figures in the Hilton family were talking to Chris Nassetta, Harold and others, so he decided to flirt with this girl.

To be honest, Paris Hilton is not very beautiful because she has a square face, but one cannot rely solely on looks.

In short, Lin Zuhui has some interests.

Lin Zuhui thought for a while, and then said: "I think you must have been greatly wronged. This grievance may be due to the distrust or lack of understanding of your family. Of course, I hope my idea is wrong, and I have no intention of driving a wedge between you and your family."

relation."

Paris Hilton's expression changed drastically, with mixed expressions of shock and grievance.

Lin Zuhui knew that he had guessed correctly. In fact, he didn't guess at all. He seemed to remember that this was the case - this girl seemed to have been raped by a staff member at school, but when she told her mother, her parents didn't believe it at all.

Simply because Paris Hilton went to a special school that specializes in disciplining troubled boys and girls.

"Mr. Lin, are you staying in this hotel today?"

"I live in room xx!"

"Can I come to your place later and talk to you?"

"No problem. I believe that at this time, many people are willing to help you get out of the trough."

The two ended their conversation in a short time without attracting much attention.
To be continued...