Development for 10 Hilton Family branded hotels is underway with the first Hilton Garden Inn hotel to open in Saket in 2008
New Delhi, India, 10 June 2007... Hilton Hotels Corporation (NYSE: HLT) has announced that its joint venture company with DLF plans to develop 10 hotel projects in India, under the full service Hilton brand, business hotel brand, Hilton Garden Inn and long stay brand, Homewood Suites by Hilton. The announcement marks the first stage of development for the Hilton-DLF joint venture company which will culminate in the opening of the first Hilton Garden Inn hotel in Saket in 2008.
Ian Carter, executive vice president and CEO Hilton International Operations was in Delhi this week and commented, "We are delighted with the substantial progress of our joint venture company with DLF in India. Having identified 20 key sites in India, we are moving quickly toward to realizing our goal of becoming a household name in India in the next 5 years, with the first 10 hotel projects underway. We are very confident in our partnership with DLF".
The first 10 sites where the Hilton-DLF joint venture will open hotels are as follows:
Following the acquisition of the hotels business of Hilton International plc by Hilton Hotels Corporation in February 2006, Hilton Hotels is now the largest international hotel chain worldwide, by profit. The Company is exporting successful US-grown Hilton Family of brands hotel products into the international markets, with the goal of offering customers a consistent choice and personalized service across almost all price points in strategic markets.
In line with this strategy, Hilton Hotels Corporation has recently named plans to open 1,000 hotels in the USA in the next 5 years and 1,000 hotels outside North America in the next 10 years. A key area of focus for development is the Indian market, where the Company aims to develop and own 50 to 75 hotels here over the next 5 to 7 years thorough its partnership with DLF, India's largest developer.
Hilton Hotels announces plans its first 10 hotel development projects with joint venture partner, DLF, in India
The Hilton-DLF joint venture will focus on 3 Hilton Family brands, including the flagship Hilton, business brand, Hilton Garden Inn and long stay brand Homewood Suites.
Koos Klein, President Hilton Hotels Asia Pacific, was also in Delhi this week and said, "With huge growing demand for hotel room supply in India, there is great potential for Hilton to tap this opportunity, particularly now that we have partnered with the country's largest developer. We are conducting extensive research into what the Indian business traveler wants on the road and these insights will help us customize short and long stay business hotel prototype concepts for the Indian traveler's needs. We aim to define the business hotel segment in India".
In addition to Hilton Hotels' plans to open properties through its joint venture with DLF, the Company will manage 5 new properties scheduled to open in India in the next two years. This will include Shilim Retreat by Hilton, Hilton Bangalore, Hilton Residences Bangalore, Hilton Chennai and Hilton Hyderabad.
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About Hilton Hotels Corporation
Hilton Hotels Corporation (NYSE:HLT) is the leading global hospitality company, with more than 2,800 hotels and 480,000 rooms in 76 countries and territories, including 100,000 team members worldwide.
The More than 2,300 hotels are owned, managed or franchised in North America withcompany owns, manages or franchises a hotel portfolio of some of the best known and highly regarded brands, including Hilton®, Conrad®, Doubletree®, Embassy Suites Hotels®, Hampton Inn®, Hampton Inn & Suites®, Hilton Garden Inn®, Hilton Grand Vacations™, Homewood Suites by Hilton® and The Waldorf=Astoria Collection®.
The Hilton Family of Hotels adheres to founder Conrad Hilton's philosophy that, "It has been, and continues to be, our responsibility to fill the earth with the light and warmth of hospitality." The company put a name to its unique brand of service that has made it the best known and most highly regarded hotel company: be hospitable®. The philosophy is shared by all brands in the Hilton Family of Hotels, and is the inspiration for its overarching message of kindness and generosity.
For more information about our company, please visit www.hiltonworldwide.com, and to learn more about our be hospitable philosophy, please visit www.behospitable.com.
Press Contacts
Linda Bain
VP, Communications
Hilton International (London)
+44 (0) 20 7856 8293 / linda.bain@hilton.com
Faith Thoms,
Director PR & Communication
Hilton International Asia Pacific (Singapore)
+65 9171 0223 / faith.thoms@hilton.com
© Press Release 2007
