Fed Grand Jury Probing Hilton Hotels in Theft of Documents
By Allan Lengel
ticklethewire.com
Nothing like a good hotel war wrapped in a scandal.
The Wall Street Journal reports that a federal grand jury is probing whether Hilton Worldwide and several former executives swiped thousands of pages of confidential documents from rival Starwood Hotels & Resorts.
The paper, attributing the information to “people familiar with the situation”, said the grand jury is part of a six month Justice probe “into allegations that Hilton, which is owned by private-equity firm Blackstone Group, used trade secrets taken by former Starwood executives, who defected to Hilton last year, to develop its own luxury brand to compete with Starwood’s successful W chain.”
Interesting. And you thought Paris Hilton was the only interesting thing about the Hilton hotels.
Posted: 10/7/09 at 10:22 AM under News Story.
Tags: grand jury, Hilton, hotels, theft
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