Hilton completed the acquisition of a majority stake in Sydell Group.

Hilton, a brand of full-service hotels and resorts, completed the acquisition of a majority stake in Sydell Group, a creator of unique hotels. Financial terms were not disclosed. “Adding NoMad to our growing brand portfolio will create new offerings for guests seeking unique luxury experiences in some of the world’s most desirable locations. By pairing an already proven brand concept that’s ready for expansion with the power of Hilton’s commercial engine, we are accelerating our ability to drive growth in the luxury lifestyle segment," Chris Silcock, Hilton President.