Hilton has eventually refinanced about 13 billion dollars of its debt. This resulted in rebinding the chain in hotel occupancies and rates, and now Blackstone is taking it public. However, the fact that Christopher Nasseta, who is the Chief executive Officer of Hilton managed to increase the open rooms number by 34% in the last six years, is also not to be underestimated. Of course, most of the chains open rooms are located in franchised and managed hotels overseas, which means minimal capital investment required. On this occasion, Dew Babin, who is a senior lodging analyst working for CBRE Clarion Securities in Radnor, Pennsylvania said: "The things he talked about doing, hes delivered on. Hilton has been doing these massive things under the radar."