Blackstone-led group to offer up at least 90 million Hilton shares
Tyler Henritze, senior managing director of real estate for Blackstone, attends the initial price offering (IPO) of Hilton Worldwide (HLT) on the floor of the New York Stock Exchange shortly after the opening bell on December 12, 2013 in New York City.

Shareholders associated with the Blackstone Group are set to launch a massive secondary offering of Hilton Worldwide Holdings stock, the hotel company said Monday, with at least 90 million shares in play.



According to the world's largest publicly traded hotel chain, the underwriters will have a 30-day option to buy up to an additional 13.5 million shares from those selling the stock. Hilton itself "is not offering any shares of common stock in the offering, and will not receive any proceeds from the sale of shares in this offering," the company said.