Hilton assesses Frankfurt hotel ownership tied to Mojtaba Khamenei - Bloomberg
Hilton Worldwide Holdings Inc. is conducting an internal review of a hotel it manages in Frankfurt and weighing whether to terminate its management agreement following scrutiny over the property’s ultimate beneficial owner, Bloomberg News reported, citing people familiar with the matter.
The US-based operator is assessing whether continuing to manage the Hilton Frankfurt Gravenbruch could expose it to sanctions risks after a Bloomberg investigation found the hotel’s ultimate owner to be Mojtaba Khamenei, the second-eldest son of Iran’s Supreme Leader, who has been under US sanctions since 2019.
