Hilton announces major expansion plans
Hilton Hotels has announced major expansion plans in Russia, the UK, Caribbean and central America.
The group will form three major development alliances, with London & Regional Properties Limited for 25 hotels in Russia; Shiva Hotels Limited for more than 15 hotels in the UK and Ireland; and Caribbean Property Group for more than 15 new hotels in the Caribbean and Central America in the next five years.
The deals follow the recent partnerships announced in India and China, which are expected to result in 100 new HHC hotels within the next five to seven years.
Matthew Hart, HHC president and chief operating officer, said: "These critical alliances will reinforce our position as the premier global hotel company and underscore our strategy to sign larger deals to develop a significant number of hotels in key growth markets around the world."
He added: "We are committed to achieving our stated goal of adding 1,000 hotels outside of North America throughout the next 10 years."
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By Emily Manson
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