Hilton plans $2.2b IPO

Hilton plans to sell stock worth an estimated $US2.2 billion in its initial public offering, making it one of the year's biggest IPOs.

The return to public markets will value the US hotels operator at about $US19.2 billion.

Hilton was taken private by The Blackstone Group in October 2007 for $US20 billion.

Hilton's IPO is significant because it is one of the largest of the year, offering investors a chance to invest in a major player in the hotel industry.

After being taken private by The Blackstone Group, Hilton was quickly hit by the global financial crisis, impacting its operations and financial performance.

Before the IPO, Hilton was owned by The Blackstone Group, which took the company private in 2007 for $US20 billion.

Everyday investors might be interested in Hilton's IPO due to its large scale and the opportunity to invest in a well-known brand in the hospitality industry.

The Blackstone Group played a significant role by taking Hilton private in 2007, which set the stage for its eventual return to the public markets through the IPO.