Oct 06 2008

Hilton Hotels Announces Major Plans for Expansion

Published by HotelBlogs at 7:57 am under Hotel Websites

The Hilton Hotels Corporation has announced aggressive plans to more than quadruple its Carribean and Latin America presence. A total of 150 new hotels are slated to be added into the portfolio over the next five years.

The announcement is in line with Hilton’s earlier announcement to add 1,000 new hotel properties to its portfolios within the next ten years.

“Expanding our global platform is a strategic priority for Hilton.  We are focusing on accelerating the growth of our international management and franchise business by securing strategic development agreements and employing resources in international markets.  This is the most exciting time in the company’s history and there are tremendous opportunities which we are acting on to accomplish our ambitious plans.”

Steve Goldman, President Global Development & Real Estate

Currently, Hilton Hotels has forty-two Caribbean and Latin America projects underway, which will be added to the existing fifty-one hotels they currently possess bringing the new total to two-hundred.

Read more about the new properties and their locations.

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